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Ownership brings advantages a rental never will: protection from rent increases, control over the space, and a tangible asset that may appreciate. In some countries, being an owner can also support a visa application.
Beyond the purchase price, such permits carry further conditions. Frequent requirements include a police clearance certificate, medical insurance, proof of income and a required physical presence on local soil annually.
Insurance, utility standing charges and exit costs finish the calculation. Capital gains tax often applies even to a non-resident owner, and the resident rate is not always the one that applies.
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