Why should you invest in real estate in Bangladesh?

Bangladesh has one of the fastest-growing economies in the world. Bangladesh's economy has been steadily improving. It is the world’s 29th-largest economy, which has great purchasing power. One of the major contributors to this growing economy is the real estate industry in Bangladesh. There have been numerous companies that are coming to Bangladesh to invest. This gave rise to a higher demand for real estate, and the living standards of the residents also increased. Hence, the requirement for luxury properties had increased as well.

In the real estate industry, there has been a list of property for sale in Bangladesh that is rapidly getting sold to potential buyers. The reason is that Bangladesh provides the most liberal FDI scheme in South Asia. This allows 100% foreign equity ownership along with an unrestricted exit policy. This country is quite liberal with its tax policies and export incentives, among other fiscal incentives. There are numerous factors that make Bangladesh one of the best countries for real estate investment. They are:

Increase in the value of properties:

If you have a property for sale in Bangladesh and this property is in one of the premium locations, such as a very industrial area, the value of the property will increase tenfold, and that too over time. The requirement of the property is going to be higher than in other, less populated or less industrialized areas of Bangladesh.

Lower investment required:

It may come as a shock, but the real-time initial investment during real estate purchase is much less compared to investments in other areas. Let’s say you have a property for sale in Bangladesh that costs around one crore. You may make the down payment with only a couple of lakhs and then take out a home loan. It might scare you to take out a loan, but it is much easier to pay the money back in instalments without compromising your living standards, so that your entire savings are not depleted.

You will get the maximum ROI (return on investment):

Let’s say you have purchased a property in Bangladesh. Now you want to rent this property out so that the rental money may pay for the mortgage on your home. You can easily pay that off and continue to rent your property, so that it may continue your cash flow. You will find lots of people looking for property to rent in Bangladesh, which will give you ample opportunity to select your tenant.

You will get tax benefits from real estate:

Bangladesh applies a low tax on real estate, which will increase your income. The low tax rates are offered because investing in real estate is a long-term investment. Let’s say you purchase a commercial property for sale in Bangladesh. This is a long-term investment, as you will be renting these spaces to offices or rental spaces. Hence, the government will exempt you from the high tax rates.

Investing in real estate will protect you from inflation.

The values of the property purchased for sale will remain the same even through inflation, which will act as a hedge against it. Investing in various properties in Bangladesh will give you the edge, even during inflation.

The most important thing to remember before investing in real estate is that the economy is growing. The population in Bangladesh is increasing, which is increasing the demand for real estate. If you buy multiple properties, you can easily rent them out. The majority of people arriving in Bangladesh will initially look for property to rent in Bangladesh, so you have a very good chance of increasing your income rate and the possibility of future investments as well