Investments into the Finnish real estate
Stability economic systems, does the country attractive to inflow of foreign investments. Important factors are efficiency and predictability of legal system, respect of the property right and guarantee the got rights.
Among the most effective investments mark building of cottage settlements (or individual cottages) for sale; building of cottage settlements (or individual cottages) in places for all-the-year-round rest for tenancy. In this case it is a question of the places close to lakes, sports and the SPA-centers, and also mounting skiing resorts on the bank of lake (for example, in the Chemical wasp). Interest represents also building of hotels or acquisition of ready hotel or restaurant business.
For foreign investors in Finland there are no restrictions. You can get any real estate, including industrial premises, a ground (not intended for agricultural needs). The risk of loss of the property right is minimized.
Last years the prices for real estate in Finland rise. Demand for coastal grounds has grown lately on 10-16 %. Over the last 5 years average on the country the rent rate on apartments and has grown approximately twice house and averages 9 euro for sq. m a month.
Finland – a favourite place for large Russian investors. So, for example, LUKOIL has enclosed considerable means in a mounting skiing resort of Tagus. In territory of Suomi there is the cottage settlement belonging to "Gazprom" (it is leased through the Russian travel agencies).
Services in real estate acquisition in Finland
Procedure of realization of the transaction
Transactions on real estate acquisition in Finland are regulated by the Ground Code of Finland. For transaction realization it is expedient to open the account in the Finnish bank.
After an object choice, you can make an application on its acquisition and conclude the preliminary contract (the offer on purchase) that will allow to reserve object.
All necessary documents should be ready to day of fulfillment of the transaction. You transfer money in advance. While translating means from abroad, it is necessary to consider that banks will check a source of means and legality of monetary operations with a view of an obstacle to money-laundering. Transaction registration passes in presence of the notary. Signing of the contract of purchase and sale occurs in the Finnish territory.
After property right reception, you will bring in the register of land owners. Further the signed contract is sent in court of the first instance where the data of the new proprietor it is brought in the book of registers and there is a delivery of the document on property registration.
To hand over documents on registration probably after payment of the single tax to real estate (4 % - the house, 1,6 % - apartment).
If the real estate doesn't correspond to the discussed conditions or initially offered variant, you have the right to terminate the transaction and in full to return money. Usually guarantee period makes 3 years after purchase.
Credit reception
Foreign citizens can obtain the credit in Finland. The credit can be used as on acquisition of real estate or building of own house in the country, and on repair and arrangement.
Foreign citizens have the right also to reception of a mortgage loan which stands out for the term from 5 till 25 years under 5,5 - 6,5 % annual:
At apartment purchase - to 70 % from habitation cost;
At country house purchase - to 60 %.
Services:
Stability
Finland since 2000 was the world leader on a competitiveness indicator, I advance the USA and Sweden. In 2006 Finland has conceded the first place of Switzerland.
In the country the lowest rate of increase of inflation among the countries the Organization of economic cooperation and development (2,6 %), and also among EU Member States (2,2 %).
Safety
Finland is considered one of the most safe countries of the world, occupying last lines of a rating on criminality indicators.
The object of real estate can be chosen safely, without worrying about degree of safety of a place of its finding. You can lodge even in the middle of wood, being in perfect security. At desire it is possible to use rather accessible services of the security companies.
BUSINESS IN FINLAND
To start enterprise activity (except citizens of EU) in Finland it is necessary for foreign citizens before arrival to Finland to receive residence permit. The basis in this case will be the profitability of the enterprise estimated on the basis of the business plan, contracts and financing. The detailed information and an estimation of profitability of the enterprise - on sites Te-Keskus.fi, Poliisi.fi.
In Finland, the country with a low rate of inflation and a stable tendency of growth of gross national product and industrial production, there are obvious advantages to business dealing. It is important to notice that in Finland there are no restrictions at opening of firm for foreign citizens. The citizen of the Russian Federation can own 100 % of actions of the enterprise, truth into board should enter not less than 50 % of citizens of Finland or other EU countries.
The country is known for reliability and stability of the financial institutions, and also the flexible approach to clients (rates under credits – less than 6 % annual). The owner of business can receive residence permit. Here it is possible to register quickly without bureaucratic delays the enterprise. An important role low degree of corruption of the Finnish administrative structures (practically in this case plays absence). Regional and all-European funds allocate considerable means for development of small both average business. In the country a large quantity of privileges at the taxation for owners of private enterprises.
Minimum capital the enterprises - 2,5 thousand euro also is brought at a time on the firm bank account.
It is necessary for firm opening the necessary complete set of documents (the list is on a site of Bureau of patents and registration of Finland) to present to Bureau of patents and registration of Finland, having paid the duty.
