Here are some countries that do not have real estate property taxes and are known to be friendly to foreign investors:
1. Malta
Malta offers no property taxes and has attractive Citizenship by Investment (CBI) and Residency by Investment (RBI) programs. It is a popular destination for foreign investors due to its strategic location in the Mediterranean, favorable tax regime, and high quality of life.
2. Monaco
Monaco does not levy property taxes, making it an attractive location for high-net-worth individuals. The principality is known for its luxurious lifestyle, political stability, and favorable tax policies.
3. United Arab Emirates (UAE)
The UAE, particularly Dubai and Abu Dhabi, does not impose property taxes. The country offers a favorable business environment, modern infrastructure, and various residency options for foreign investors.
4. Cayman Islands
The Cayman Islands have no property taxes, making them a popular choice for real estate investment. The islands offer a stable political environment, strong legal system, and attractive lifestyle for expatriates.
5. Liechtenstein
Liechtenstein does not have property taxes and is known for its strong financial sector and high standard of living. It offers a stable and secure environment for foreign investors.
6. Georgia
Georgia has no property taxes and offers a straightforward process for foreign investors to purchase property. The country is known for its low cost of living, beautiful landscapes, and growing economy.
7. Vanuatu
Vanuatu does not impose property taxes and offers Citizenship by Investment programs. It is an attractive destination for investors looking for a tropical lifestyle and favorable tax environment.
8. Israel
Israel does not have property taxes for residential properties. It is known for its strong economy, technological innovation, and vibrant culture.
These countries provide a combination of no property taxes and favorable conditions for foreign investors, making them attractive options for real estate investment.