Top 5 Reasons to Buy Property in Bahrain Right Now for Business
Finding a property in Bahrain is easy as it has a huge archipelago of 51 natural islands and 33 manmade islands and expats are welcome to buy property in Bahrain for several reasons. Learning how to invest in foreign real estate is the key to successful investment. Buy real estate in Bahrain with complete transparency and satisfaction with a great location, great price as well as future proof investment with the right real estate company. Some of the leading real estate companies in Bahrain include Iris Property Management which is ideal to buy an apartment in Bahrain at great prices.
1) Bahrain Golden Visa Perk 1
If a non-Bahraini owns a property worth 200000 BHD in Bahrain, they are entitled to Bahrain residency with a golden visa. This allows them to work in Bahrain and bring family as well. This allows you to buy your office, showroom, retail space, or buy an apartment in Bahrain to gain access as a resident in Bahrain with a golden visa. Even having exceptional talent can gain you a golden visa.
2) Bahrain Visa Perk 2
If non Bahraini own 70000 BHD worth of property in Bahrain, they are entitled to Bahrain residency allowing them to work in Bahrain and bring family for a period of 10 years. Even if you own a small apartment or an office, this rule will apply to you and make your life easy.
3) Bahrain Cheap Property Perk
If a non-Bahraini owns a cheap property they can get a tax free Bahrain residency allowing them to work in Bahrain. Saving on residential tax is one of the best ways to attract new talent from across the globe to your organization.
4) Bahrain’s economical talent pool makes it a better business investment
With more and more global exposure and cultural diversity, Bahrain has an economical talent pool from all over the world who are excited to work with your new business. Such an environment boosts cultural and business exchange and helps you grow and outshine your competition. The rate of talent being hired here is high as well as starting a new business venture successfully has its own benefits when it comes to the Kingdom of Bahrain. It is therefore essential to select the best of the best talents for your business right away as more expatriates plan to move to Bahrain.
5) Commercial Facilities on the rise
Bahrain has seen a boom in the real estate sector. In 2021, real estate transactions noted in Bahrain were worth 1billion BD or 2.62 billion USD which is 46% higher than 2020. This means the steady boom in retail, F&B and commercial real estate in Bahrain is attracting a lot of foreign investors. With companies from all over the world from all kinds of industries trying to set their foot in Bahrain for less before the costs of real estate become out of reach.
Buying the dip in the real estate sector is the necessary base for future savings as well as creating a strong foundation for your business in Bahrain. Whether you are starting a new venture or taking your existing business in another country to the Kingdom of Bahrain, there are certain benefits to buying a property in Bahrain right away. Some of them include golden visa perks, visa perks, cheap property perks, finding great talent and the rise of commercial facilities. Connect with Iris Property Management to buy apartment in Bahrain or to buy property in Bahrain.