Results of the Survey on Foreign Direct Investment Worldwide
Dr.Sopon Pornchokchai, President, FIABCI-Thai Chapter and President, FIABCI World Council of Experts and Board Member of FIABCI International conducted this survey on Foreign Direct Investment in real estate. The purpose of this survey is to help investors. They can study in advance prior to invest in any related countries. We would like to thank all of our resource persons who help participate in this survey. All the best to you.
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Mr. Rathanakannan
Country: India
Position: Valuer & Engineer
Organization: Rathanakannan Associates
In 2022, what types of properties in your city are best for foreigners to buy?
| No. | Type | ||
| No.1 | |||
| No.2 |
How much is the cost of acquiring properties by foreigners?
Tax when Purchase, approximately
% to
% of the property value
Annual property tax, approximately
%
to
% of the property value
Inheritance tax, approximately
%
to
% of the property value
Annual Income Tax, approximately
%
to
%
Capital gain Tax, approximately
%
to
%
Valuation Fee approximately
USD
Brokerage Fee, approximately
%
to
% of the property value
Your suggestion on foreigners’ buying properties in your city.
Answer:Above mentioned Five star hotel actual price is 126,700,000/-USD,But they sell Rs.93,500,000/-only,this hotel located in Heart of the City,13.50Km from International air port. Chennai city is one of the biggest city in India, Best place for property investment.After Covid 19, real estate Market is Growing,Now best time for investment in Real estate in my city. International air port and Two international Harbours available in Chennai city.
