OREANDA-NEWS. On January 28, 2007 this was informed by foreign media citing informational portal Global Property Guide. As it is noted, annual income from the rent in the capital makes 14,36%.

As regards real estate acquisition, no restrictions for foreigners exist. First place in the top of the most attractive countries for private investments into real estate with its subsequent lease belongs to Tahiti (French Polynesia having status of overseas territory of France since 2004).

Annual profit from the property, lodged in lease, makes 15%. The problem is that it is difficult to acquire property there as the local law does not allow non-residents who lived in the country less than a certain period of time- from 5 up to 10 years to purchase land. The third place is taken by Jakarta (Indonesia), with return on rent of 13,4%.

As it is noted, theoretically foreigners have the right to buy apartments in Jakarta condominiums, but since 1996, when new regulations of real estate transactions came into force, no foreigner received the document of real estate ownership.

Actually, foreigners are acquiring new flats for lease, noting that if the laws changes, the developer will give them property rights. Land to foreigners is not sold. In addition, the top ten also includes: Guam (Micronesia), Caracas (Venezuela), Angillya (small Antilles), Bogota (Colombia), Quito (Ecuador), and Guatemala. The list is enclosed by the Egyptian capital, Cairo, where the return on rent amounted to 11,35%.