Some reference on what the United States has done to attract property investment. The US government just passed a bill cutting the tax rate on foreign capital in American real estate. And foreign pension funds would enjoy the same tax rate as the domestic ones.
Analysts say the move would open the door for money coming outside the country into the property sector, but the lowered threshold does not necessarily means higher profits.
US government levies various types of taxation for keeping and selling property, which could be as high as 60 percent when selling a house. In this way, they say, the tax cuts in investment would be well compensated by the tax revenues out of rising turnover.
