Best Countries to Invest in Europe 2023
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00:00 Intro
00:31 Countries
Malta
Malta is the first country in our list of the 7 countries to invest in Europe, and it has indeed a number of positive aspects that are already attracting investors worldwide to the country.
We can start with the fact that Malta is one of the few countries where English is an official language in the European Union, together with Ireland. This per se already brings its own advantages when dealing with business contracts for example.
Malta is also the fastest growing country in South Europe when we talk about population, which reflects on a thriving real estate market in the island country.
Montenegro
Montenegro is the second country in our list today and actually has a lot of similarities with Malta. It is a small country, it uses the euro as its currency, and it starts with M.
Jokes aside, Montenegro's key advantages are related to its low cost of running a business, as well as low corporate and personal income tax.
One of the reasons why I chose Montenegro is because there is a high chance of the country joining the EU in this decade. At the moment, there is still no official date for this to happen, but some EU officials speculate that this can happen as soon as 2025.
When Montenegro joins the European Union we can expect a higher inflow of people and capital to this small Balkan nation.
Ireland
Ireland is another country that deserves a place in the list of the best countries to invest in Europe.
One of the key advantages of Ireland is its hybrid situation. It is at the same time a member of the European Union, while also keeping a number of agreements with the United Kingdom.
Citizens of Ireland can for example live and work in the UK, which is something not available for EU citizens anymore, unless they arrange a work visa after Brexit.
If you reside in Ireland for 5 consecutive years you can apply for Irish citizenship, one of the most powerful passports in the world.
Czech Republic
The Czech Republic, also now referred to as Czechia, is, in my opinion, one of the best countries to invest in Europe.
Some of the key advantages of the Czech Republic are a low level bureaucracy and low tax rates when compared to other Central European countries like Poland or Hungary.
Albania - DONE
Albania is the next country I would consider for an investment in Europe. The main reasons for this are: a lot of room to improve in terms of infrastructure, various underdeveloped economic sectors, safe and strategic location, and low taxes.
The first reason why I believe Albania is a good place to invest is that it still has a largely underdeveloped transport and tourism infrastructure when compared to other countries nearby like Italy and Greece. As Albania is building new roads, airports and ports with funds from foreign investors, I believe more and more people will be attracted to visit and invest in the country.
Real estate in Albania is among the cheapest if we consider all the coast of the Adriatic and the Ionian sea. Cities like Vlore and Saranda offer properties for a fraction of what they would cost in Croatia or Greece, and it is even considerably cheaper than Montenegro.
Andorra
Andorra is another of my favorite countries in Europe, and probably a good idea if you want to invest in Western Europe.
One of the reasons why Andorra is a good pick in my opinion is because the country is rarely in the media, and usually the best investment opportunities exist when most people are not talking about it.
The country has a steady population growth, with a striving real estate market, making the overall economic conditions in Andorra rather favorable.
Cyprus
Cyprus is the last country in our list today and one of the best countries to invest in Europe, especially if you are starting or running an online business or if you are a stock investor.
There are three points that made me put Cyprus on the list: net population growth, low taxes and flexible immigration policy.
So, Cyprus is an island nation on the Mediterranean, but unlike its two closest historical neighbors Greece and Turkey, things are going pretty well in Cyprus when it comes to its economy.
Cyprus has low corporate tax rates, and a non-dom regime for expats that chose to live on the island with a number of tax advantages. Just these two things have helped Cyprus to attract foreign talent and foreign money constantly
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