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Country investment ratings

Shows the countries where buy-to-let property earns the highest returns. For assumptions see below.

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	City/Country	Gross Rental Yield (% per annum)		Buy to Let Income Rating	Long Term Investment Rating
1.	Andorra Click to go to Andorra Overview Page.	6.19% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate to Good For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Andorra .	n.a. Click to view income tax, capital gains tax and property taxes in Andorra.	What's good and what's bad about Andorra? GOOD * Very low rental income tax * Moderate yields * Strong tourism & economy BAD * Limited buying options * Tenancy laws unknown
2.	Argentina, Buenos Aires Click to go to Argentina Overview Page.	8.29% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Excellent For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Argentina .	Click to view income tax, capital gains tax and property taxes in Argentina.	What's good and what's bad about Argentina? GOOD * High yields for luxury units * Pro-landlord rental market * Low to moderate transaction costs BAD * High rental income tax * Effects of 2001 crisis lingers * To buy: Full amt paid in cash * Foreign exchange restrictions
3.	Australia, Sydney Click to go to Australia Overview Page.	5.85% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Australia .	Click to view income tax, capital gains tax and property taxes in Australia.	What's good and what's bad about Australia? GOOD * Strong and stable economy * Low to moderate transaction costs * Tenant-neutral rental market * Strong rental market for migrants BAD * Moderate effective income tax rates
4.	Austria, Vienna Click to go to Austria Overview Page.	4.40% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Austria .	Click to view income tax, capital gains tax and property taxes in Austria.	What's good and what's bad about Austria? GOOD * Stable political system * Moderate transaction costs * Moderate yields for new units BAD * Complicated pro-tenant system * Moderate to high rental icome taxes
5.	Bahamas Click to go to Bahamas Overview Page.	7.73% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Bahamas .	Click to view income tax, capital gains tax and property taxes in Bahamas.	What's good and what's bad about Bahamas? GOOD * Stable economy & government * Pro-landlord rental market * Minimal property taxation * Moderate rental yields BAD * Moderate to high transaction costs
6.	Belgium, Brussels Click to go to Belgium Overview Page.	7.53% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Belgium .	Click to view income tax, capital gains tax and property taxes in Belgium.	What's good and what's bad about Belgium? GOOD * High yields in Brussels * Strong demand for rental units BAD * Moderate to high transaction costs * Tiresome tenancy length limits * Moderate to high taxes
7.	Bermuda Click to go to Bermuda Overview Page.	5.05% For a 200 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate For a 200 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Bermuda .	Click to view income tax, capital gains tax and property taxes in Bermuda.	What's good and what's bad about Bermuda? GOOD * One of the richest in the world * Pro-landlord rental market BAD * Low yields for coastal units * Very high transaction costs * Property taxes can be high * Significant ownership limits
8.	Botswana, Gaboron Click to go to Botswana Overview Page.	7.42% For a 100 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 100 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Botswana .	Click to view income tax, capital gains tax and property taxes in Botswana.	What's good and what's bad about Botswana? GOOD * Moderate to high rental yields * Stable political system * Pro-landlord rental market * Low to moderate income taxes BAD * Desert covers 85% of country
9.	Brazil, Sao Paolo Click to go to Brazil Overview Page.	6.40% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate to Good For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Brazil .	Click to view income tax, capital gains tax and property taxes in Brazil.	What's good and what's bad about Brazil? GOOD * Biggest in Latin America * Pro-landlord rental market BAD * Moderate to high rental income tax * Moderate transaction costs * Inflation is higher than yields * High inequality & poverty
10.	Bulgaria, Sophia Click to go to Bulgaria Overview Page.	5.87% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Bulgaria .	Click to view income tax, capital gains tax and property taxes in Bulgaria.	What's good and what's bad about Bulgaria? GOOD * Moderate to good rental yields in Sofia * Pro-landlord rental market BAD * High transaction costs * Moderate rental income tax * Corruption & crime woes
11.	Cambodia, Phnom Phen Click to go to Cambodia Overview Page.	4.88% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Cambodia .	n.a. Click to view income tax, capital gains tax and property taxes in Cambodia.	What's good and what's bad about Cambodia? GOOD * Pro-landlord rental market * Moderate yields in Phnom Penh BAD * Moderate rental income tax rate * Corrupt, autocratic govt * Serious ownership restrictions * Aid-dependent economy
12.	Canada, Toronto Click to go to Canada Overview Page.	6.74% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate to Good For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Canada .	Click to view income tax, capital gains tax and property taxes in Canada.	What's good and what's bad about Canada? GOOD * Strong rental market for immigrants * Low transaction costs * Strong and stable economy * No estate or inheritance tax * Low to moderate rental income tax BAD * Pro-tenant rental laws
13.	Chile, Santiago Click to go to Chile Overview Page.	7.50% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Chile .	n.a. Click to view income tax, capital gains tax and property taxes in Chile.	What's good and what's bad about Chile? GOOD * High yields in coastal areas * Politically stable w/ strong econ * Tenant neutral rental market * Low to moderate transaction costs BAD * Complicated income tax
14.	China, Shanghai Click to go to China Overview Page.	4.36% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in China .	Click to view income tax, capital gains tax and property taxes in China.	What's good and what's bad about China? GOOD * Fastest growing economy * High yields in Shanghai * Pro-landlord rental market BAD * Uncertainty over rules and laws * Property rights issues * Aliens cant be landlords
15.	Colombia, Bogota Click to go to Colombia Overview Page.	12.63% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Spectacular For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Colombia .	Click to view income tax, capital gains tax and property taxes in Colombia.	What's good and what's bad about Colombia? GOOD * High yields in Bogota * Low transaction costs * Neutral to pro-landlord market BAD * Very high rental income tax * Insecure property rights * Political and security issues
16.	Costa Rica, San Jose Click to go to Costa Rica Overview Page.	9.23% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Excellent For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Costa Rica .	Click to view income tax, capital gains tax and property taxes in Costa Rica.	What's good and what's bad about Costa Rica? GOOD * High yields for coastal units BAD * Pro-tenant rental market * Moderate transaction costs * High rental income taxes
	City/Country	Gross Rental Yield (% per annum)		Buy to Let Income Rating	Long Term Investment Rating
17.	Cyprus, Limassol Click to go to Cyprus Overview Page.	4.38% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Cyprus .	Click to view income tax, capital gains tax and property taxes in Cyprus.	What's good and what's bad about Cyprus? GOOD * Moderate transaction costs * Rapid growth with EU membership * Moderate rental yields * Low effective rental income tax BAD * Conflict divides island into 2 * Pro-tenant rental market
18.	Czech Republic, Prague Click to go to Czech Republic Overview Page.	6.93% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate to Good For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Czech Republic .	Click to view income tax, capital gains tax and property taxes in Czech Republic.	What's good and what's bad about Czech Republic? GOOD * Pro-landlord rental market * Moderate yields in Prague * Low transaction costs BAD * Moderate to high rental income tax * Aliens cant buy land directly
19.	Denmark, Copenhagen Click to go to Denmark Overview Page.	4.61% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Denmark .	Click to view income tax, capital gains tax and property taxes in Denmark.	What's good and what's bad about Denmark? GOOD * Strong and stable economy * Low transaction costs BAD * Extremely pro-tenant market * Limited ownership for aliens * Very high rental income tax * Low yields in Copenhagen
20.	Dominica, Roseau Click to go to Dominica Overview Page.	4.03% For a 300 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Very Poor For a 300 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Dominica .	n.a. Click to view income tax, capital gains tax and property taxes in Dominica.	What's good and what's bad about Dominica? GOOD * Pro-landlord rental market BAD * Low yields due to static rents * High transaction costs * High rental income taxes * Weak, vulnerable economy
21.	Ecuador, Quito Click to go to Ecuador Overview Page.	12.00% For a 100 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Spectacular For a 100 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Ecuador .	n.a. Click to view income tax, capital gains tax and property taxes in Ecuador.	What's good and what's bad about Ecuador? GOOD * High yields in Quito BAD * Pro-tenant rental market * High rental income tax * High transaction costs * Volatile political situation
22.	Egypt, Cairo Click to go to Egypt Overview Page.	11.35% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Spectacular For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Egypt .	Click to view income tax, capital gains tax and property taxes in Egypt.	What's good and what's bad about Egypt? GOOD * Very high yields in Maadi * Moderate transaction costs * Low effective income tax, no CGT BAD * Pro-tenant rental market * Multiple property restrictions
23.	El Salvador, San Salvador Click to go to El Salvador Overview Page.	9.12% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Excellent For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in El Salvador .	Click to view income tax, capital gains tax and property taxes in El Salvador.	What's good and what's bad about El Salvador? GOOD * High yields in San Salvador * Low transaction costs BAD * High rental income tax * Pro-tenant rental market * Still weak economy * Insecure property rights
24.	Estonia, Tallinn Click to go to Estonia Overview Page.	6.13% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate to Good For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Estonia .	Click to view income tax, capital gains tax and property taxes in Estonia.	What's good and what's bad about Estonia? GOOD * Very low transaction costs * Moderate yields in Tallinn * Strong economic growth BAD * High rental income tax * Slighlty pro-tenant market
25.	Finland, Helsinki Click to go to Finland Overview Page.	5.00% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Finland .	Click to view income tax, capital gains tax and property taxes in Finland.	What's good and what's bad about Finland? GOOD * Low to moderate transaction costs * Strong and stable economy * Tenant-neutral rental market * Moderate yields in Helsinki BAD * High rental income tax
26.	Fr. Polynesia, Tahiti Click to go to French Polynesia Overview Page.	15.00% For a 300 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Spectacular For a 300 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in French Polynesia .	n.a. Click to view income tax, capital gains tax and property taxes in French Polynesia.	What's good and what's bad about French Polynesia? GOOD * Multiple but low taxes BAD * Serious ownership restrictions * Strongly pro-tenant laws * High transaction costs
27.	France, Paris Click to go to France Overview Page.	4.02% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Very Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in France .	Click to view income tax, capital gains tax and property taxes in France.	What's good and what's bad about France? GOOD * Low effective rental income tax * High yields in Paris * Global political powerhouse BAD * Moderate to high transaction costs * Pro-tenant rental market
28.	Germany, Berlin Click to go to Germany Overview Page.	5.39% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Germany .	Click to view income tax, capital gains tax and property taxes in Germany.	What's good and what's bad about Germany? GOOD * Low to moderate transaction costs * Largest economy in Europe * High yields in Berlin BAD * Pro-tenant rental market * Moderate rental income tax
29.	Ghana, Accra Click to go to Ghana Overview Page.	6.86% For a 100 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Moderate to Good For a 100 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Ghana .	Click to view income tax, capital gains tax and property taxes in Ghana.	What's good and what's bad about Ghana? GOOD * Pro-landlord rental market BAD * Rife w/ poverty & instability * Severe ownership issues * Inflation is higher than yields * Complicated land titling system
30.	Grenada, St. George Click to go to Grenada Overview Page.	4.70% For a 300 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 300 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Grenada .	Click to view income tax, capital gains tax and property taxes in Grenada.	What's good and what's bad about Grenada? GOOD * Very low rental income tax * Tenant-neutral rental market BAD * Very high transaction costs * Generally low yields
31.	Guadeloupe, Grande-Terre Click to go to Guadeloupe Overview Page.	7.31% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Guadeloupe .	n.a. Click to view income tax, capital gains tax and property taxes in Guadeloupe.	What's good and what's bad about Guadeloupe? GOOD * Low effective rental income tax BAD * Strongly pro-tenant market * Low to moderate yields * Very high transaction cost
32.	Guam, Hagatna Click to go to Guam Overview Page.	12.86% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Spectacular For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Guam .	n.a. Click to view income tax, capital gains tax and property taxes in Guam.	What's good and what's bad about Guam? GOOD * High rental yields * Pro-landlord rental market * Low to moderate transaction costs * Strong, US-backed economy BAD * Generally high taxes * Minor ownership limits
33.	Guatemala, Guatemala City Click to go to Guatemala Overview Page.	12.00% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Spectacular For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Guatemala .	n.a. Click to view income tax, capital gains tax and property taxes in Guatemala.	What's good and what's bad about Guatemala? GOOD * High yields in Guatemala City * Neutral tenancy laws BAD * Very high rental income taxes * High transaction costs * Volatile political situation * Insecure property rights
	City/Country	Gross Rental Yield (% per annum)		Buy to Let Income Rating	Long Term Investment Rating
34.	Honduras, Tegucigalpa Click to go to Honduras Overview Page.	4.29% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Honduras .	Click to view income tax, capital gains tax and property taxes in Honduras.	What's good and what's bad about Honduras? GOOD * Moderate transaction costs * Low effective rental income tax BAD * Political and security issues * Slightly pro-tenant market * Insecure property rights * Low yields in major cities
35.	Hong Kong, Hong Kong Island Click to go to Hong Kong Overview Page.	3.73% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Very Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Hong Kong .	Click to view income tax, capital gains tax and property taxes in Hong Kong.	What's good and what's bad about Hong Kong? GOOD * Pro-landlord rental market * Low transaction costs * Strong & stable economy * Moderate rental income tax BAD * Low to moderate yields
36.	Hungary, Budapest Click to go to Hungary Overview Page.	8.09% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Excellent For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Hungary .	Click to view income tax, capital gains tax and property taxes in Hungary.	What's good and what's bad about Hungary? GOOD * Good yields in Budapest * Low to moderate transaction costs * The law is pro-landlord BAD * Minor ownership restrictions * Moderate to high rental icome taxes
37.	India, Mumbai Click to go to India Overview Page.	4.02% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Very Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in India .	Click to view income tax, capital gains tax and property taxes in India.	What's good and what's bad about India? GOOD * High yields in cities like Bangalore * Rapid economic growth BAD * Rent control in some cities * Moderate to high taxes & cost * Siginificant ownership limits
38.	Indonesia, Jakarta Click to go to Indonesia Overview Page.	11.27% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Spectacular For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Indonesia .	Click to view income tax, capital gains tax and property taxes in Indonesia.	What's good and what's bad about Indonesia? GOOD * Very high yields in Jakarta * Tenant neutral rental market BAD * Serious ownership limits * High rental income tax * High transaction costs
39.	Ireland, Dublin Click to go to Ireland Overview Page.	4.00% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Very Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Ireland .	Click to view income tax, capital gains tax and property taxes in Ireland.	What's good and what's bad about Ireland? GOOD * Strong and stable economy * Low to moderate costs and taxes * Strong rental market for migrants BAD * Rent decline in recent years * Significant pro-tenant laws
40.	Israel, Tel Aviv Click to go to Israel Overview Page.	7.37% For a 100 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 100 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Israel .	n.a. Click to view income tax, capital gains tax and property taxes in Israel.	What's good and what's bad about Israel? GOOD * Moderate yields in Tel Aviv * Low to moderate transaction costs * Low effective rental income tax BAD * Security risks in Jerusalem * Minor property ownership issues * Several conflict areas
41.	Italy, Rome Click to go to Italy Overview Page.	4.27% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Italy .	n.a. Click to view income tax, capital gains tax and property taxes in Italy.	What's good and what's bad about Italy? GOOD * Europes historical center * Strong tourist rental market BAD * Strongly pro-tenant laws * High roundtrip transaction costs * High income taxes
42.	Jamaica, Kingston Click to go to Jamaica Overview Page.	9.91% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Excellent For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Jamaica .	n.a. Click to view income tax, capital gains tax and property taxes in Jamaica.	What's good and what's bad about Jamaica? GOOD * Luxury market is pro landlord BAD * High murder & crime rate * High transaction costs * High rental income taxes
43.	Japan, Tokyo Click to go to Japan Overview Page.	4.86% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Japan .	Click to view income tax, capital gains tax and property taxes in Japan.	What's good and what's bad about Japan? GOOD * Strongly pro-landlord system * Low to moderate transaction costs * Strong rental market in Tokyo * Stable political system * Low effective rental income tax BAD * Economic malaise for 10+ yrs
44.	Jordan, Amman Click to go to Jordan Overview Page.	9.62% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Excellent For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Jordan .	Click to view income tax, capital gains tax and property taxes in Jordan.	What's good and what's bad about Jordan? GOOD * High yields in Amman * Rents paid 1 year in advance * Moderate buying costs * Low effective rental income tax rates BAD * Minor buying restrictions
45.	Kenya, Nairobi Click to go to Kenya Overview Page.	7.38% For a 100 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 100 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Kenya .	Click to view income tax, capital gains tax and property taxes in Kenya.	What's good and what's bad about Kenya? GOOD * Pro-landlord rental market * Moderate yields in Nairobi BAD * Corruption & poverty woes * Security & political concerns * High rental income tax of 30%
46.	Latvia, Riga Click to go to Latvia Overview Page.	4.97% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Latvia .	Click to view income tax, capital gains tax and property taxes in Latvia.	What's good and what's bad about Latvia? GOOD * Pro-landlord rental market * Low effective rental income tax rates * Low transaction costs BAD * Low to moderate yields in Riga * Minor ownership restrictions on land
47.	Lebanon, Beirut Click to go to Lebanon Overview Page.	7.46% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Lebanon .	n.a. Click to view income tax, capital gains tax and property taxes in Lebanon.	What's good and what's bad about Lebanon? GOOD * High yields in Beirut * Low rental income tax * Moderate transaction cost BAD * Unstable security situation * Minor ownership limits * Heavily damaged by attacks
48.	Liechtenstein, Vaduz Click to go to Liechtenstein Overview Page.	3.29% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Very Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Liechtenstein .	n.a. Click to view income tax, capital gains tax and property taxes in Liechtenstein.	What's good and what's bad about Liechtenstein? GOOD * Low transaction costs * Pro-landlord rental market BAD * Limited ownership for aliens * Generally low yields
49.	Lithuania, Vilnius Click to go to Lithuania Overview Page.	4.04% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Very Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Lithuania .	Click to view income tax, capital gains tax and property taxes in Lithuania.	What's good and what's bad about Lithuania? GOOD * Very low transaction costs * Low effective rental income tax rates BAD * Generally low yields in Vilnius * Slighlty pro-tenant market
50.	Luxembourg Click to go to Luxembourg Overview Page.	4.28% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Luxembourg .	Click to view income tax, capital gains tax and property taxes in Luxembourg.	What's good and what's bad about Luxembourg? GOOD * Moderate transaction costs * Low effective rental income tax rates BAD * Extremely pro-tenant market * Low yields in city center
	City/Country	Gross Rental Yield (% per annum)		Buy to Let Income Rating	Long Term Investment Rating
51.	Macedonia. Skopje Click to go to Macedonia Overview Page.	7.23% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Macedonia .	n.a. Click to view income tax, capital gains tax and property taxes in Macedonia.	What's good and what's bad about Macedonia? GOOD * High yields in Skopje * Pro-landlord rental market * Low transaction costs * Moderate income taxes BAD * Serious ownership restrictions * Political and security concerns
52.	Malaysia, Kuala Lumpur Click to go to Malaysia Overview Page.	8.91% For a 125 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Excellent For a 125 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Malaysia .	Click to view income tax, capital gains tax and property taxes in Malaysia.	What's good and what's bad about Malaysia? GOOD * Low transaction costs * High yields for luxury condos * Reforms improved rental market BAD * High rental income tax * Pro-tenant rental market
53.	Malta, Valleta Click to go to Malta Overview Page.	2.85% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Very Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Malta .	Click to view income tax, capital gains tax and property taxes in Malta.	What's good and what's bad about Malta? GOOD * Pro-landlord rental market * Moderate yields in Valetta * Low to moderate transaction costs BAD * Significant ownership limits * High rental income tax * Weak economic performance
54.	Mauritius, Port Lewis Click to go to Mauritius Overview Page.	4.24% For a 100 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Poor For a 100 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Mauritius .	Click to view income tax, capital gains tax and property taxes in Mauritius.	What's good and what's bad about Mauritius? GOOD * Stable economy & democracy * Multiple ownership options BAD * Pro-tenant rental market * Moderate to high income tax rates * High transaction costs
55.	Mexico, Mexico City Click to go to Mexico Overview Page.	7.71% For a 150 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 150 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Mexico .	Click to view income tax, capital gains tax and property taxes in Mexico.	What's good and what's bad about Mexico? GOOD * High yields for luxury units * Moderate transaction costs * Low to moderate income taxes BAD * Pro-tenant rental market
56.	Moldova, Chisinau Click to go to Moldova Overview Page.	14.36% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Spectacular For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Moldova .	n.a. Click to view income tax, capital gains tax and property taxes in Moldova.	What's good and what's bad about Moldova? GOOD * High yields in Chisinau * Pro-landlord rental market BAD * Secessionist problems * High effective tax rates * To buy: Full amt paid in cash * One of the poorest in Europe
57.	Monaco Click to go to Monaco Overview Page.	2.43% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Very Poor For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Monaco .	Click to view income tax, capital gains tax and property taxes in Monaco.	What's good and what's bad about Monaco? GOOD * No rental income tax * Pro-landlord rental market * Strong, diversified economy BAD * Very low rental yields * High transaction costs
58.	Morocco, Marrakesh Click to go to Morocco Overview Page.	7.66% For a 120 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Good For a 120 sq. m. property, usually an apartment. Click to view square metre prices, rents and yields in Morocco .	n.a. Click to view income tax, capital gains tax and property taxes in Morocco.	What's good and what's bad about Morocco? GOOD * Moderate transaction costs * High yields in Marrakech * Pro-landlord rental market BAD * Taxes can be very high * Weak property rights * Macroeconomic woes
59.	Namibia, Windhoek Click to go to Namibia Overview Page.	10.00% For a 100 sq. m. property, usually an apartment. Click to compare yields in the same continent.	Spectacular For a 100 sq. m. property, usually an apartment.