The 25 best countries to buy rental property and make money on the side
25. Turkey
24. Latvia
Rental yield: 3.8%
Effective rental income tax: 17.25%
Monthly rent: $1,074
23. Portugal
Rental yield: 5.45%
Effective rental income tax: 26.44%
Monthly rent: $1,939
22. Malta
Rental yield: 4.35%
Effective rental income tax: 23.33%
Monthly rent: $2,229
21. Colombia
Rental yield: 6.51%
Effective rental income tax: 24.75%
Monthly rent: $1,548
20. Argentina
Rental yield: 4.48%
Effective rental income tax: 14.7%
Monthly rent: $1,490
19. South Africa
Rental yield: 3.88%
Effective rental income tax: 12.8%
Monthly rent: $1,636
18. Morocco
Rental yield: 5.52%
Effective rental income tax: 10.70%
Monthly rent: $854
17. Canada
Rental yield: 3.98%
Effective rental income tax: 25%
Monthly rent: $3,740
16. Spain
Rental yield: 4.7%
Effective rental income tax: 19%
Monthly rent: $2,531
15. Greece
Rental yield: 4.17%
Effective rental income tax: 7.5%
Monthly rent: $1,460
14. Hungary
Rental yield: 5.24%
Effective rental income tax: 13.5%
Monthly rent: $1,621
13. Bulgaria
Rental yield: 6.24%
Effective rental income tax: 10%
Monthly rent: $997
12. Croatia
Rental yield: 5.43%
Effective rental income tax: 8.4%
Monthly rent: $1,320
11. Germany
Rental yield: 3.99%
Effective rental income tax: 2.71%
Monthly rent: $1,769
10. Cyprus
Rental yield: 5.12%
Effective rental income tax: 0%
Monthly rent: $966
9. France
Rental yield: 2.79%
Effective rental income tax: 10%
Monthly rent: $4,379
8. Ireland
Rental yield: 6.64%
Effective rental income tax: 10.05%
Monthly rent: $2,077
7. Thailand
Rental yield: 5.13%
Effective rental income tax: 2.73%
Monthly rent: $2,029
6. Barbados
Rental yield: 5.48%
Effective rental income tax: 7.5%
Monthly rent: $2,501
5. Indonesia
Rental yield: 8.61%
Effective rental income tax: 20%
Monthly rent: $2,486
4. Panama
Rental yield: 5.75%
Effective rental income tax: 2.08%
Monthly rent: $2,075
3. Costa Rica
Rental yield: 7.48%
Effective rental income tax: 5.16%
Monthly rent: $1450
2. United Arab Emirates
Rental yield: 5.19%
Effective rental income tax: 5%
Monthly rent: $3,070
1. Philippines
Rental yield: 6.13%
Effective rental income tax: 4.06%
Monthly rent: $2,422
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