Hi everyone,
First of all, I’d like to congrats for the tons of good info and knowledge that I’ve been able to get from you as a regular visitor.
Thought would be good to invest some time in exchanging know-how and tips, and there’s something I have been working on for a while that I would like to have a broader advice on, and it’s foreign property, more specifically Indonesian property market, after reading the latest report by PWC is reported to become the 5th biggest economy by 2030 and the 4th by mid-century. the prices now are extremely favorable and ROI on sight, but wanted to hear from you guys, what you think and if anyone has had experiences on the matter.News to me! I dont think thats accuratem becoming the 5th biggest economy by 2030, so in 13 years its going to be stronger than germany, russia, china, japan, england?
Jaxon | Jaxon Avery – Financial Adviser
http://www.jpafinancialservices.com.au
Email Me | Phone MeJPA Financial Services Pty Ltd
I know i was surprised as well that england russia and brazil could be outperformed. This is came to me so sudden, but after i read the PWC report of this year made much more sense, which actually goes even further with prediction until 2050 and Indonesia will have the 4th spot: China, India, US, Indonesia,
Check out the report fom PWC “The World in 2050”
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This reply was modified 7 years, 5 months ago by
alex.
One of my favourite sayings is: “If you torture the data long enough, it will confess to anything”
The report is talking about GDP PPP (adjusted to purchasing power)…
No offence and without causing alarm, but according to the logic in this thread, we should all sell all assets in Australia as it will slip down 4 ranks by 2030 and 9 ranks by 2050 😉
Link to report (skimmed, didn’t read):
https://www.pwc.com/gx/en/issues/the-economy/assets/world-in-2050-february-2015.pdfThat said, yeah, who knows, maybe investing in Indonesia will yield better ROI but I personally like to invest where I can control and get finance 😎
Hope this helps?
EthanEthan Timor | Aligned Finance Pty Ltd
http://www.alignedfinance.com.au/
Email Me | Phone MeActive Investor & Broker; Based in Northern NSW, servicing Australia wide; Author of '34 Proven Ways to Maximise Your Borrowing Power' (download free from our website)
Hi Alex,
I spent a few years working in Indonesia for a mining company. When I left there 8 years ago A foreigner could only purchase if they had an Indonesian partner, who gets 51%. Corruption is rife and the government is far from honest and transparent.
I would tread very carefully. Find 2-3 people done it, get their experiences and learn from them. Risk removal is a biggie here.
We spend plenty of time in Rote. Run a social enterprise project up there..
Steve actually provides some support to us coincidentally enough but I have never touted this on his own site. I see it as cheating. :) We are ever grateful for this support and teaching wisdom he provides.
Over dinner up in Utopia a couple of friends overheard a Singaporean investment broker has Rote marked as his greatest percentage of return out of the entire Asian portfolio.
Rote is of course Indonesia, the closest island to Australia.You can lease land in lots of 20, 25 and 30 years legally with add on options taking it up to 100 years. That’s a decent amount of time to be rewarded with the 25% annual capital growth the area is currently basking in.
Can I ask the Rote deals you have and its return etc?
Jaxon | Jaxon Avery – Financial Adviser
http://www.jpafinancialservices.com.au
Email Me | Phone MeJPA Financial Services Pty Ltd
Great photo of Rote(?), would boom if/when they allow/start direct flights from Aust to Kupang West Timor
Andrew Pitt
Enhancing Commercial Property to Empower Business
The concern in overseas locations should always be investment security, continuing visa and licencing approvals, 51% is scary, been there. Paradise beckons, some places are graveyards for unwary entrepreneurs. No doubt there are ways around the obstacles in every location. Good luck.
Cheers
thecrestthecrest | Tony Neale - Statewide Motel Brokers
http://www.statewidemotelbrokers.com.au
Email Me | Phone Meselling motels in NSW
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This reply was modified 7 years, 5 months ago by
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