scorecardThe 25 best countries to buy rental property and make money on the side
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The 25 best countries to buy rental property and make money on the side

25. Turkey

The 25 best countries to buy rental property and make money on the side

24. Latvia

24. Latvia

Rental yield: 3.8%

Effective rental income tax: 17.25%

Monthly rent: $1,074

23. Portugal

23. Portugal

Rental yield: 5.45%

Effective rental income tax: 26.44%

Monthly rent: $1,939

22. Malta

22. Malta

Rental yield: 4.35%

Effective rental income tax: 23.33%

Monthly rent: $2,229

21. Colombia

21. Colombia

Rental yield: 6.51%

Effective rental income tax: 24.75%

Monthly rent: $1,548

20. Argentina

20. Argentina

Rental yield: 4.48%

Effective rental income tax: 14.7%

Monthly rent: $1,490

19. South Africa

19. South Africa

Rental yield: 3.88%

Effective rental income tax: 12.8%

Monthly rent: $1,636

18. Morocco

18. Morocco

Rental yield: 5.52%

Effective rental income tax: 10.70%

Monthly rent: $854

17. Canada

17. Canada

Rental yield: 3.98%

Effective rental income tax: 25%

Monthly rent: $3,740

16. Spain

16. Spain

Rental yield: 4.7%

Effective rental income tax: 19%

Monthly rent: $2,531

15. Greece

15. Greece

Rental yield: 4.17%

Effective rental income tax: 7.5%

Monthly rent: $1,460

14. Hungary

14. Hungary

Rental yield: 5.24%

Effective rental income tax: 13.5%

Monthly rent: $1,621

13. Bulgaria

13. Bulgaria

Rental yield: 6.24%

Effective rental income tax: 10%

Monthly rent: $997

12. Croatia

12. Croatia

Rental yield: 5.43%

Effective rental income tax: 8.4%

Monthly rent: $1,320

11. Germany

11. Germany

Rental yield: 3.99%

Effective rental income tax: 2.71%

Monthly rent: $1,769

10. Cyprus

10. Cyprus

Rental yield: 5.12%

Effective rental income tax: 0%

Monthly rent: $966

9. France

9. France

Rental yield: 2.79%

Effective rental income tax: 10%

Monthly rent: $4,379

8. Ireland

8. Ireland

Rental yield: 6.64%

Effective rental income tax: 10.05%

Monthly rent: $2,077

7. Thailand

7. Thailand

Rental yield: 5.13%

Effective rental income tax: 2.73%

Monthly rent: $2,029

6. Barbados

6. Barbados

Rental yield: 5.48%

Effective rental income tax: 7.5%

Monthly rent: $2,501

5. Indonesia

5. Indonesia

Rental yield: 8.61%

Effective rental income tax: 20%

Monthly rent: $2,486

4. Panama

4. Panama

Rental yield: 5.75%

Effective rental income tax: 2.08%

Monthly rent: $2,075

3. Costa Rica

3. Costa Rica

Rental yield: 7.48%

Effective rental income tax: 5.16%

Monthly rent: $1450

2. United Arab Emirates

2. United Arab Emirates

Rental yield: 5.19%

Effective rental income tax: 5%

Monthly rent: $3,070

1. Philippines

1. Philippines

Rental yield: 6.13%

Effective rental income tax: 4.06%

Monthly rent: $2,422

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