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Your comment is unpopular with other real estate investors on this board.
by meric 12y ago
Your comment is unpopular with other real estate investors on this board.
- saryant 12y agoHis comment doesn't make a ton of sense given that you can buy property in Manhattan and California (and the rest of the country...) without holding American citizenship. Moreover, Malta is clearly selling this as a means of entry to the entire EU. Few will likely choose to relocate to Valletta.
- meric 12y agoProperty in Manhattan is a lot more expensive, relative to median incomes, than in countries where property ownership is limited to locals, like in Indonesia. The yield is at least double. I suppose the thing with Malta is anyone who was from the EU can already go there.