Reason to Buy a Home in Bahrain

 

Buying a home anywhere in the world allows you to build your wealth over time and secure a better future for you and your family… So how if you buy a home in our beautiful Kingdom of Bahrain which is considered one of the best places in the world to live in for so many reasons, some of which are explained below:

Friendly Local Population

  • Bahrain is known for its welcoming, educated and hospitable local population, which can provide a comfortable and integrated living experience for everyone.
  • Bahrainis tend to have a relaxed and cosmopolitan lifestyle, influenced by the country’s openness to the world.

Safe & Friendly Environment with High Quality of Life

  • While no country is entirely immune to challenges, Bahrain is very safe and friendly for all its residents, local and expats. 
  • Coupled with its peaceful and friendly local population, strong infrastructure, investor-friendly environment, prudent banking and financial sector and excellent healthcare and educational systems and facilities, Bahrain is a great place to live and raise a family.
  • The country’s huge and continuous investment in its infrastructure has contributed to the overall quality of life, enabling it to offer unparalleled quality of life for all its residents, local and expats, with modern and state of the art amenities (including world class shopping, dining, entertainment, and leisure activities) and cultural attractions, making it an attractive place to live in.
  • The country’s coastal location provides a slightly more temperate environment compared to the desert climate of most of the other GCC countries.

Strategic Location

  • As an island located in the Arabian Gulf between Saudi Arabia and Qatar, Bahrain sits at the heart of one of the world’s most prosperous and strategic regions. Its proximity to all the GCC countries, especially Saudi Saudi Arabia, which is just a 30-minute drive across the 25km King Fahd Causeway, making Bahrain the ideal destination for both living and investing.

Tax-Friendly Environment

  • Bahrain has a very attractive tax regime with no personal income tax, making it an attractive destination for individuals and families looking to maximise their savings and disposable income.
  • Bahrain also has no capital gains, property or inheritance tax, allowing investors, especially homeowners, to retain all their investment returns. This makes Bahrain a very attractive and financially advantageous place to own a property.
  • Therefore, any income derived from a property such as rent or capital gains are tax free for all residents of Bahrain, local as well as expats.

Freehold Ownership

  • Bahrain allows expats to purchase properties without any restriction in designated areas, known as freehold areas, such as Seef Area, Juffair, Amwaj Islands, Diyar Muharraq, Marassi Al Bahrain, Dilmunia Island and Durrat Al Bahrain, providing opportunities for expats from all nationalities those who are residents in Bahrain as well as those who are non-residents in Bahrain, who are looking for opportunities to own their home or to make a good investment. 

Long Term Residency

  • Bahrain offers attractive visa and residency options for property owners, including long term renewable residency visas, and golden visa which allows the owner and their immediate family members to reside in Bahrain.

Affordable Housing Market & Cost of Living 

  • Compared to other Gulf countries, Bahrain’s real estate market offers more affordable options, making it accessible to a broader range of investors.
  • Bahrain has a significantly lower cost of living compared to neighbouring Gulf countries particularly in terms of housing, schools, healthcare, utilities, and daily expenses.

Attractive Yield

  • Rental yields in Bahrain range from around 6% to 7% on average, with some properties offering even higher yield, depending on their location, condition and amenities. 
  • With a consistent demand for rental properties, especially beachfront areas, homeowners can potentially generate stable rental income. Rental yields in Bahrain have remained relatively stable in recent years.

Regulatory Environment 

  • Bahrain has a robust legal and regulatory framework that encourages foreign investment in all the sectors, especially the real estate sector, providing stability and confidence for homebuyers.
  • Real Estate Regulatory Authority (RERA) in Bahrain has implemented several important measures to safeguard the interests of real estate investors in Bahrain.

Investing in Bahrain’s real estate market offers numerous benefits for global investors. From its strategic location and friendly people to its tax-free environment and attractive ROI, Bahrain provides a unique and real opportunity to consider.  Moreover, the country’s world-class amenities, safety, easy residency options, affordable cost of living, excellent education and health care systems, offer high quality of life to enjoy. 

Take the leap and explore the endless possibilities that Bahrain has to offer. Whether you’re looking to invest, live, or enjoy a luxurious lifestyle, Bahrain is the place to be. Make the smart move and invest in Bahrain’s thriving real estate market today.