After finally getting a few properties under my belt in Aus I’ve decided to start searching for investment opertunities overseas and just recently came across an article which spoke about how the global approach to property investment for individuals is reliviley new and that while a lot of investors have properties around the globe this is more from natural progression rather than a global strategy from the outset, it went on to talk about the lack of resources out there for investors looking at the market from a global perspective, this all became pretty clear when I started researching different emerging markets, while there was information on each, I found it very difficult to do any sort of comparison…
I was hoping we could start a thread which focused on recommended resources (websites, books, seminars, etc) purely for those looking to branch out into the different markets around the world, similar to the one for Aus property also on this forum.
To kick it off I found the below although it’s no big secrete and fairly easily found on Google
It depends on where you want to invest. However if you are looking in the United States it is about who you have to represent you. Everyone will pitch you very few will deliver. Do your research very carefully
globalpropertyguide.com is good as an overall guide to various countries and their tax structures, but I wouldn’t trust them too much on the nitty-gritty – in Japan, for instance, where we operate, their country description says legislation is very landlord oriented – reality is actually the polar opposite (tenants can leave at a month’s notice mid-contract, and there’s nothing anyone can do about it, to name just one such example – tenancy leases are only obligating to the landlord).
And yes, I’ll second what Nigel said above – not just in the US, but in most countries. The only exceptions I’ve seen so far are highly regulated, strict environments like Germany and a few other North-European countries, Singapore, Australia/New-Zealand (to a point) and Japan. When you invest overseas, picking your team is the most important skill, in my opinion.
Would love to hear about your Dubai experience – struck me as more than slightly over-priced with cash-flow on the very low side, very happy to be proven wrong?
Thanks everybody for sharing! Im also interested in overseas property investment and currently compare different countries: their prices, taxes, locations etc. I quite often use https://tranio.com/ source as it contains information from all over the world. But not only of course. There are a lot of them. Tonight Im going through offered sources above.
This reply was modified 9 years, 1 month ago by Amilia.
This reply was modified 9 years, 1 month ago by Amilia.
This reply was modified 9 years, 1 month ago by Amilia.
I’m happy to share my experiences as an Australian now living in San Antonio, Texas. I initially invested in property while still living in Sydney and about a year ago, decided to relocate my family here as well.