Finland

Finland is truly a country of lakes and islands. Most of Finland is covered by thick forests of pine and spruce, but the 60,000 inland lakes provide some colour relief to a country of green. Not surprisingly, Finland is a country of boats too; shipbuilding and fishing are major economic co... + Read More ntributors. During the months of the midnight sun, Finland’s waters are a sailing paradise. A private island in Finland is likely to sit on one of its lakes and include a sauna and modern cabin.


Finland Foreign Ownership Info
In Finland there are practically no restrictions on foreign investment in real estate and all investment is considered to be very secure (While allowances are sometimes made, foreigners are restricted from purchasing property in the western province of Aland). The real estate information system in Finland is computerized, public and reliable. You don’t need official permission to buy real estate. Real estate ownership in Finland is often owned by a company, meaning the real estate itself is incorporated. There is a difference between taxation for an individual foreign investor and a real estate investment in corporate form. Since income from real property and profit on sale is income obtained in Finland, real estate investments must be structured with care, most frequently through a Finnish holding company. While the process of completing the necessary steps to purchase a property in Finland is relatively simple, it is still advisable to obtain legal counsel familiar with Finnish real estate.   - Read Less