Investing in Taiwan Commercial Property: A Complete Guide

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Taiwan was named the world’s third-best investment destination by US-based Business Environment Risk Intelligence SA in 2018, only behind Singapore and Switzerland.

This small island has gained more interest since the trade war intensified between the US and China. Besides, the protests in Hong Kong have resulted in more investments from Hong Kong.

Major local and foreign companies, such as Google, plan to invest hundreds of millions of US dollars in Taiwan in the coming years. The commercial property market has been strong recently and is not as overpriced as the residential market.

In this article, I explain how it works when investing in Taiwan’s commercial property market as a foreigner, how much you need to pay in tax, where you should buy, and more.

Let’s get started.

Can foreigners buy commercial property in Taiwan?

Taiwan has favorable foreign property ownership regulations compared to Mainland China and many Southeast Asian countries. Here, you can purchase property as an individual or through a company.

Having said that, you need government approval first, which is based on a reciprocal arrangement. Simply put, Taiwanese companies and private individual investors should be allowed to acquire real estate in your home country or in the country where your company has its main office.

Mainland Chinese are subject to stricter regulations and have been able to invest in Taiwan real estate since 2002. On the contrary to other foreigners, they need to make applications to the Investment Commission of the Ministry of Economic Affairs (MOEA) and sometimes to the MOI.

You can also establish a local company referred to as Foreign Investment Approval (FIA) companies. This will allow you to acquire and lease real estate in Taiwan. Continue reading Investing in Taiwan Commercial Property: A Complete Guide

Investing in Commercial Property in China: Complete Guide

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China’s residential property market has been in limbo in the past years, but we’ve seen increased activity in its commercial property market recently.

Having said that, China faces many issues due to a weakening economy that relies heavily on real estate, demographic challenges, and an escalating trade war with the US.

Besides, it’s not the easiest place to acquire property as a foreigner due to strict foreign ownership regulations.

In this article, we review the following topics:

  • Can foreigners buy commercial property in China?
  • The Commercial Property Market in China
  • Best Cities to Buy Commercial Property in China
  • Commercial Property Taxes

Can foreigners buy commercial property in China?

This is not a yes or no question, as it depends if you buy as a private investor or through a local company. Let’s review both options to see what kind of property that foreigners can get hold of in China.

Individual Investors

China is one of the least preferred destinations among private individuals who wish to capitalize on growing real estate markets in Asia. Most buyers of residential property buy for personal reasons.

Truth be told, China has one of the most overvalued markets in the world, low rental yields, and comparably strict foreign ownership regulations. For example, you must live there for at least one year before you can buy one residential unit.

Yes, you heard that right – one unit.

On top of that, you’re not allowed to own land like in Japan, Korea, and Malaysia. Continue reading Investing in Commercial Property in China: Complete Guide

Buying Commercial Property in the Philippines: A Complete Guide

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The Philippines has emerged as one of the fastest-growing countries in Asia. Foreign investments in its Information Technology and Business Process Management (IT-BPM) sector is one of the main driver.

Not only Metro Manila grows fast, but there are dozens of cities located outside of the capital and categorized as so-called next-wave-cities and upcoming emerging markets.

If you look for investment opportunities in the Philippines, you have plenty of options. Don’t only look for condo units in Manila.

In this article, we review the following:

  • Can foreigners buy commercial property in the Philippines?
  • The Commercial Property Market in the Philippines
  • Best Cities to Buy Commercial Property in the Philippines
  • Commercial Property Taxes

Can foreigners buy commercial property in the Philippines?

Philippines has reasonable foreign ownership regulations by Southeast Asian standards.

Here, foreigners can buy strata-title units such as condos on a freehold basis. The only thing you need to pay attention to is the foreign ownership quota which is set to 40%.

You can also own the physical structures built upon land, like bungalows and villas.

Buying commercial property, on the other hand, is a completely different undertaking and more regulated. Whether you can get access to commercial property or not depends on if you buy as an individual investor or through a local company. Continue reading Buying Commercial Property in the Philippines: A Complete Guide

Commercial Property in Vietnam: Foreign Buyer’s Guide

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Vietnam’s commercial property market has performed well in the past years and since it opened to foreign investors in 2015.

The outlook for the coming years looks positive as the Vietnamese become more affluent, the tourism increase, younger people urbanize, and foreign companies move production to the country.

If you plan to invest in commercial real estate, I recommend you to read this guide where I explain how foreigners can invest in commercial real estate in Vietnam.

I also cover topics such as property taxes, cities that should be of interest, and more.

Can foreigners buy commercial property in Vietnam?

Foreigners are generally not allowed to buy commercial property. This is a problem that investors encounter in many other Southeast Asian countries, such as Indonesia, the Philippines, and Thailand.

Investing in condominium units is basically the only option available to foreign individual investors, a reason why condo prices have skyrocketed in some of Southeast Asia’s capitals in the past years.

Notice that I write ‘individual investors’ as you’ll have more investment options if you open a local company to acquire property.

Individual Investors

If you’re a foreign individual and wish to invest in Vietnam’s real estate market, you can only buy condominium units in commercial projects (that means, you cannot buy a random local flat). Commercial property (such as office space) is not available to foreign individuals. Continue reading Commercial Property in Vietnam: Foreign Buyer’s Guide

Commercial Property in Indonesia: Foreign Buyer’s Guide

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Indonesia has become one of the most interesting investment destinations in Asia. With that said, foreign commercial property buyers have been standing on the sideline due to unfavorable property ownership regulations.

Over the years, the Indonesian government has issued new reforms, but we’ve not seen radical changes. There’s most likely more to come.

That said, navigating the Indonesian real estate market can be a truly daunting task, something we will review in greater detail in this article.

Today, we review the following:

  • Can foreigners buy commercial property in Indonesia?
  • Indonesia’s Commercial Property Market
  • Hotels
  • Office Space
  • Retail Property
  • Industrial Real Estate and Warehouses
  • Car Parks
  • Best Cities to Invest in Commercial Property in Indonesia
  • Commercial Property Taxes

Can foreigners buy commercial property in Indonesia?

Indonesia is infamous for having some of the strictest foreign ownership regulations in Asia. However, regulations differ greatly if you buy property as an individual or through a company.

Continue reading Commercial Property in Indonesia: Foreign Buyer’s Guide

How to Invest in Mongolia’s Property Market: By Mongolian Properties

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Mongolia has been one of Asia’s best performers in terms of property rental yields and capital appreciation in the past decade. Yet, it’s still not under many investors’ radar.

At the moment, most attention comes from foreign companies who look for commercial property or housing for expats. With that said, Mongolia is predicted to perform well in the coming years, having one of the fastest growing economies in Asia.

Today, Mongolian Properties helps to explain how it works when buying property in Mongolia. It’s one of the biggest real estate agencies and a reputable developer that has built many projects in the past.

Topics covered:

  • Can foreigners buy property in Mongolia?
  • What property types are available to foreigners?
  • How is the real estate market?
  • How is the process when buying property?
  • Can foreigners rent out property in Mongolia?
  • What are the best cities to buy property?
  • What property types should be of interest?
  • How can I transfer funds from Mongolia to overseas?
  • What property taxes do I need to pay?

Can foreigners buy property in Mongolia?

Mongolian property laws are comprehensive and well-drafted with good protection of title and ownership rights. This applies to foreigners as well.

Having a ‘floating freehold’ system, the constitution and other major laws provide both foreign and Mongolian citizens with inalienable freehold rights to immovable property.

There’s no distinction between local and foreign purchasers in the legal system in terms of property rights. Continue reading How to Invest in Mongolia’s Property Market: By Mongolian Properties

Commercial Property in Thailand: Foreign Buyer’s Guide

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Thailand is less spoken about when it comes to commercial property investments. Other regional countries, like Singapore and Malaysia, have better foreign ownership regulations with more transparency.

Truth be told, there are not many options available in Thailand, at least not to individual investors. The only exception is if you invest in Real Estate Investment Trusts (REITS).

With that said, increasingly more foreign companies have started to target Thailand’s commercial property market, including property developers, manufacturers, and co-working space operators.

In this article, we review the following:

  • Can foreigners buy commercial property in Thailand?
  • Thailand’s Commercial Property Market
  • Hotels
  • Office Space
  • Retail Property
  • Industrial Real Estate and Warehouses
  • Car Parks
  • Best Cities to Invest in Commercial Property in Thailand
  • Commercial Property Taxes

Continue reading Commercial Property in Thailand: Foreign Buyer’s Guide

Commercial Property in Korea: Foreign Buyer’s Guide

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Korea’s residential and commercial property markets have seen much investment recently. Locals have started to complain about rising prices and the government impose higher taxes to cool down the market.

Cities like Seoul attracts many investors thanks to preferable ownership regulations, having a strong economy, and bright future outlook.

We see large foreign corporations such as WeWork and Marriott expanding quickly in Korea, trying to grasp market shares.

Yet, before you invest in commercial property here, you must get your feet wet and learn about the market and local regulations first.

In this article, we review the following:

  • Can foreigners buy commercial property in Korea?
  • Buying Property through Companies and Trusts
  • Korea’s Commercial Property Market
  • Hotels
  • Office Space
  • Retail Property
  • Industrial Real Estate and Warehouses
  • Car Parks
  • Best Cities to Buy Commercial Property in Korea
  • Commercial Property Taxes

Can foreigners buy commercial property in Korea?

Foreigners don’t have any particular issues to buy residential or commercial property in Korea. With that said, there are three laws you need to comply with:

Continue reading Commercial Property in Korea: Foreign Buyer’s Guide

Investing in Co-Working Spaces in Asia: A Complete Guide

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The co-working industry has exploded in Asia and it’s currently the fastest-growing market globally.

Not surprisingly, private investors and developers alike try to profit from this new market, and the supply of co-working spaces increases steadily.

It’s not strange, as it’s said that 30% of office space will be co-working spaces in Asia by 2030. Thus, co-working is not a temporary trend, but here to stay long-term.

In this article, you’ll learn the following

  • What is a co-working space?
  • The co-working space business model
  • The co-working space market in Asia
  • How much can I earn when investing in co-working spaces?
  • List of co-working Spaces by Country and Region

What is a co-working space?

Co-working spaces are started by individuals or companies who buy or lease office space and other types of premises, such as residential buildings and villas.

The same as it goes with co-living spaces, the founders sometimes partner up with local investors or property owners, to secure capital or to reduce rents.

Continue reading Investing in Co-Working Spaces in Asia: A Complete Guide

Investing in Co-Living Spaces in Asia: A Complete Guide

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Co-living has become a new big trend in Asia and it’s predicted to transform the real estate markets in many countries.

Everything from established developers to individual investors try to find ways to profit from this growing industry.

Yet, before you decide to invest in co-living spaces, you must understand how the business model works practically and which countries that should be of interest in Asia.

In this article, I explain what co-living spaces are, how it works when investing in co-living spaces, about the markets in the most interesting countries, and more.

What is a co-living space?

Co-living spaces are often started by companies who partner with local property owners to reduce leasing costs, to share the profits and financial burden.

Not rarely, these companies receive funding from investors to start or expand operations.

When a company has bought or leased parts of- or a whole building, they refurbish the units and install the modern amenities and utilities needed.

The units are small and with sizes of around 9 to 25 square meters with simple, but modern furniture like a bed, a desk and a private bathroom.

Here, the idea is to spend time in the common areas, to socialize, and to engage in activities within the community. Many choose to live in co-living spaces to grow their network and to develop as persons.

Typical tenants are young persons who just arrived or that plan to stay short-term and cannot sign rental contracts stretching over 12 months.

That said, you also find locals who opt-in for co-living as it’s convenient and comparably cheap.

Continue reading Investing in Co-Living Spaces in Asia: A Complete Guide