andrew henderson menu

Andrew Henderson

Founder of Nomad Capitalist and the world’s most sought-after expert on global citizenship.

ABOUT THE COMPANY

What we’re all about

MEET OUR TEAM

Meet our 60+ global team

CONTACT US

We’re here to serve you

FAQS

Your questions answered

TESTIMONIALS

Read our testimonials

NEWSLETTER

Get free email updates

NC-image-menu

ACTION PLAN

Our flagship service for entrepreneurs and investors

ACTION PLAN ELITE

Create your Action Plan directly with the Mr. Henderson himself

CITIZENSHIP BY DESCENT

Claim a second passport based on familial connections

ALL SERVICES

Click here to see all our products and services

PASSPORT INDEX

Discover the world’s best passports to have in an ever-changing world

CITIZENSHIP MAP

Explore the citizenship options using our interactive citizenship map

TAX MAP

Explore the tax details for countries using our interactive tax map

ALL RESEARCH

Click here to see all of our research and interactive tools

THE WORLD’S #1 OFFSHORE EVENT

Learn from our R&D playbook and meet like-minded people at our annual event.

NOMAD CAPITALIST THE BOOK

Andrew Henderson wrote the #1 best-selling book that redefines life as a diversified,
global citizen in the 21st century… and how you can join the movement.

Investing

The Five Best Countries for High Rental Property Yields

Fallback Image

Last updated April 7, 2022

Dateline: Kuala Lumpur, Malaysia

Here at Nomad Capitalist, we continue to stress how important it is to internationalize your assets with offshore bank accounts, trusts, companies and other tools that help you keep the results of your achievements safe from the hands of any one country.

Foreign real estate is one of the best offshore assets to hold because it is one of the few non-reportable offshore asset classes. Whether you own a home, an apartment, land or other property outside of the United States, you don’t have to tell the government about it.

While mortgage rates continue to decline, economists remain mixed about how much further home prices will drop in 2023. The major stresses for the housing market include high inflation, interest rates, ongoing geopolitical uncertainties, recession fears, low housing inventory, and elevated home prices. 

In the United States, the Federal Reserve rate hikes continue to put pressure on housing inventory, and real estate investors are going to have to work hard to find something to buy. There are, though, thankfully, still several countries with good fundamentals and huge opportunities.

Beyond the smart investment decision and luxury of owning your own property overseas, in many of these countries, you can enjoy much higher rental property yields (the rate of income return over the cost associated with the investment property) than you would be able to gain at home.

Let’s take a look at five of my favorite countries for renting property.

Panama

best options for rental property yields
With its stable government and a free market, Panama is one of the top countries for high rental property yields.

Panama is a top expat destination for many reasons. Property rights are strong, the location is easy to get to for Americans, and Panama is one of the most free-market countries in Latin America. They also have attractive second residency options.

Aside from being a growing expat destination for American retirees, the country is positioning itself to become the “Singapore of Central America” with serious infrastructure projects and business-friendly initiatives. In 2015, the gross rental property yields for Panama 6.68%, coming in at 6th in the world. But unlike other countries at the top of the list — like Ukraine — Panama is one that I would bet on due to its stable government and other attractive elements.

Jordan

best options for rental property yields
When thinking about investing in and renting real estate, Jordan perhaps doesn’t immediately spring to mind, however it has lots to offer, especially because rents are paid in advance.

High up on the Global Property Guide lists for both “long term investment rating” and gross rental property yields per annum is Jordan. Best in the world, the country has a 5.92% gross rental yield. Rents are paid one year in advance, which makes your job as a property owner much easier and stress-free, and property prices are relatively low.

For someone looking for an international base, Jordan is situated at the convergence of Europe, Asia and Africa and is one of the most stable countries in the region. If you’re interested in starting a business, the country has much better infrastructure, talent and more favorable laws than many countries that are more popular with expats.

Colombia

best options for rental property yields
if you’re looking to obtain a second passport, and for a place to invest, Colombia might be a good fit for you.

Colombia is a highly underrated, yet increasingly popular country for expats and investment. I recently traveled there with the Nomad Society to take advantage of investment deals that won’t be available for much longer as the country continues to grow.

Colombia has one of the freest economies in South America and is becoming an ever more popular tourist destination for Americans. While property in Colombia may have low valuations now, it won’t for long. Plus, Colombia has a great second passport program for real estate investors.

The rental property yields in Colombia range from 6.4% to 9.6%, depending on where you are in the country. And if you’re looking for a place to move to, Colombia would be one of the top places on my list.

Georgia

best options for rental property yields
Georgia is becoming more westernized with each passing day, but you can still find great investment opportunities if you know where to look.

Georgia is an unheralded country that is attractive for myriad reasons, most prominent of which is having one of the most pro-business economies in the world. Foreigners can invest in any type of real estate in Georgia except for property with an agricultural deed. Construction and land are incredibly cheap in the country; for example, I was able to buy a city center apartment for $13,700 and a huge cattle ranch for about the same price.

The country is rapidly westernizing and rentals are just one of many accessible opportunities for entrepreneurs and international investors. Using some creativity in marketing your rental property in Georgia could lead to huge returns.

Moldova

best options for rental property yields
Though they may not be very wealthy, when it comes to investment, Moldova still has high yields to offer to any experienced entrepreneur who isn’t afraid to experiment.

The poorest country in Europe, Moldova is the type of place that often gets overlooked by international investors. This is a huge mistake as average rental property yields for medium size apartments in Chisinau, its capital city, are as high as 12%. In many cases, the numbers rise to 20%.

The country is relatively stable and for someone considering other options in Eastern Europe, Moldova is definitely a place to look at. For someone willing to buy offshore property in a less conventional place, renting out an apartment in Moldova could lead to an enormous payoff, rather easily.

This list is not comprehensive by any means and is more meant to introduce you to the massive returns on investment that you could achieve with a little effort, especially if you’re willing to look outside your home country and more traditional places to invest.

These five countries are just a few of my favorites, but to find the location that’s right for your needs and desires, I recommend purchasing my Foreign Real Estate Guide.

Of course, the less money you can pay in taxes, the more you can invest at high yields. The first step to increasing your property yields is often increasing the amount of investable cash – including through legal offshore tax reduction – rather than seeking the absolute highest yield.

GET ACTIONABLE TIPS FOR REDUCING TAXES AND BUILDING FREEDOM OVERSEAS

Sign up for our Weekly Rundown packed with hand-picked insights on global citizenship, offshore tax planning, and new places to diversify.

YOU MAY ALSO LIKE

How to Invest in CBDCs?

How to Invest in CBDCs?

The evidence that Central Bank Digital Currencies (CBDCs) could soon replace physical cash, topple...

Reduce Your Taxes And Diversify Your Wealth

Nomad Capitalist has helped 1,500+ high-net-worth clients grow and protect their wealth safe from high taxes and greedy governments. Learn how our legal, holistic approach can help you.

What do you want to accomplish?

Let us know your goal and we will tell you how we can help you based on your details.

$

We handle your data according to our Privacy Policy. By entering your email address you grant us permission to send you the report and follow up emails later.