Total Members: 159,403

shangyien

  • shangyien replied to the topic China in the forum Overseas Deals 18 years, 9 months ago

    Originally posted by learn&share:
    Hi Ian,
    Wouldn’t it be inconvenience to invest in China, if someone doesn’t have a friend or relative there.
    And By the way, what are the conditions for a foreigner to invest in the mainland?

    thanks,
    I wouldn’t suggest buying in China unless you were able to keep check on things yourself. I’ve been working in…[Read more]

  • shangyien replied to the topic China in the forum Overseas Deals 18 years, 9 months ago

    Property Management! What’s that?

    The agents I have dealt with in China only provide an introduction service. I have a friend who manages my properties for me.

    If you want someone to look after your property for you, you might consider investing in a serviced apartment which will let out your property short term – for a fee of course.

  • shangyien replied to the topic Finance needed for overseas investment. in the forum Hotch Potch 21 years ago

    One of the international banks such as HSBC might have a product. What currency do you want the loan in?

    Ian.

  • shangyien replied to the topic All around the world in the forum The Treasure Chest 21 years, 3 months ago

    I recently bought an up-martket 3 bedroom apartment in Nanjing China for around A$130-140K. The oncosts for the sale were much lower than for my property in Australia. Furnishings were also much better value than in Oz.

    The purchase was for my own residence but, for the sake of comparisons, similar apartments on the estate rent in excess of…[Read more]

shangyien

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