Overseas home ownership is heating up. Don't forget to pay attention to five major issues before investing.

Overseas real estate has quickly become the new favorite of domestic buyers by virtue of generally falling house prices, beautiful and pleasant living environment, high return on investment, the temptation of overseas immigrants and other factors. However, overseas home ownership is still the choice of consumers with high purchasing power and investment tendency, and it is still a new phenomenon.

According to the reporter, under the "induction" of rich returns, overseas home ownership is heating up. A public report shows that in recent years, China's personal overseas assets have grown rapidly. From 2008 to 20 10, the compound annual growth rate reached 100%. It is estimated that in the next 10 year, the total overseas investment of China investors is expected to reach US$ 2 trillion.

So what should Tianjin citizens pay attention to as their first contact with overseas home buyers? The reporter interviewed the relevant person in charge at the exhibition site.

real estate

It is understood that the biggest difference between foreign house purchase and domestic house purchase is on the issue of land ownership. In China, only the right to use land can be transferred, the ownership belongs to the state, and the longest use period is 70 years. In many overseas countries, land is privately owned. Generally speaking, the property purchased overseas is a personal permanent property right, and there is basically no age limit. There are also very few areas where the property rights are fixed, but the fixed number of years is also more than 90 years. For example, some properties only have land lease rights of property rights. In Thailand, the land use life of real estate is 90 years, and it must be returned to the government after the expiration.

Therefore, when investing in overseas real estate, the quality of real estate may not be the most important, but the appreciation prospect and investment value of the land occupied by real estate are the more critical issues.

House price trend

Before buying overseas real estate, we must fully understand the local housing price trend, and only when we choose the rising real estate will we get an ideal return. Before investing in overseas real estate, of course, we can't fully listen to the opinions of some agency companies, which will inevitably be biased or even exaggerated. Investors must make preparations in advance and fully understand the human environment, social dynamics, relevant policies and economic development of the areas to be invested.

It is reported that Kuala Lumpur is the capital of Malaysia in terms of investing in real estate. 30% of Malaysia's population is Chinese. Mainlanders who can speak Mandarin, Cantonese and Minnan can live a normal life in Kuala Lumpur, which is not much different from domestic culture, and the price and consumption level in Malaysia are generally lower than those in first-and second-tier cities in China. In addition, the total tax on local house purchases is about 2% of the total house price, while the growth rate of house prices in Kuala Lumpur is basically 5%. If the purchased property is used as rental investment, the price growth rate of the rental market is also around 6% to 7%, which can be said that the income is very considerable.

In addition, investors need to know what cycle the local market is in now. According to the mainland real estate investment model, you can get a good return by choosing a good location. However, the development of overseas real estate market has its own periodicity. If you enter the down cycle, even if you invest in the top lots, it is difficult to guarantee the success of the investment. Therefore, choosing the real estate cycle and when to enter this market is also a key issue.

exchange rate risk

This is the most concerned issue for most overseas home buyers at present. The term of real estate loans is generally long, and the rise and fall of interest rates during this period will have a greater impact on buyers, so it is best to choose countries with relatively stable currency exchange rates for investment.

Management cost

Many countries have strict regulations on real estate management. For example, Melbourne, Australia stipulates that the garbage or snow in front of your house must be cleaned by the owner himself. If it is not cleaned up within the time limit, the municipal department will clean it up on its behalf, but the owner has to pay the corresponding fees. If these expenses are not paid in time, it will bring you more trouble and even affect your personal credit record.

Taxes and administrative expenses

Before investing, overseas home buyers must clearly grasp the taxes and fees generated in the process of real estate transactions, and measure whether the cost of taxes and fees can be borne, and whether it will affect their future residence or income. Overseas real estate-related taxes mainly include deed tax, land tax, stamp duty and value-added tax. It should be noted that deed tax is only levied in some countries, such as Thailand and Malaysia, and the levy standard is about 65438+ 0.5% of the house price. European and American countries mainly levy land tax once a year.

Of course, there are also some areas where there is no tax or the tax is extremely low. For example, the Cayman Islands displayed at the Housing Fair is one of the "tax havens" in the world. Local taxes are much lower than those in other countries or regions, and even some taxes are almost zero. For example, there is no property tax and capital gains tax, and there is no income tax on rental income and dividend income of real estate investment.

In addition, the sale of real estate will also generate related taxes and fees, mainly value-added tax. For example, in Australia, the maximum tax will be 45% of the value-added part, so investors are advised to learn how to avoid taxes reasonably. For example, the interest generated by the loan for buying a house in Australia, the decoration cost, the cost of going to Australia to inspect the real estate, the lawyer's agency fee, the house inspection fee, etc. Can be used to offset taxes.

Industry insiders remind overseas home buyers that they must make full investigation and consideration before investing, paying special attention to the brand and strength of the developer, the geographical location of the property, the supporting degree of the project and the local cultural background. In the process of buying a house, it is best to hire a professional intermediary and lawyer. It is difficult for ordinary buyers to understand the loan policy of the investment place, and hiring professional institutions and people can enhance the security of the transaction. At the same time, we should understand the cultural differences between the East and the West and be prepared. In addition, what kind of managed property is suitable for their own investment is also a problem that investors need to carefully consider and understand in detail.

Finally, political risks also need the full attention of overseas home buyers: what is the relationship between the two countries and the country's China policy? These are all family assets that must be found out before buying a house.

(The above answers were published on 2015-11-13. At present, please refer to the actual situation for the relevant purchase policy. )

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