An investment in a piece of property in a foreign country is one of the smartest things you could do with your money right now.
I don’t make that claim lightly but for critically important reasons in the current political and financial climate.
Like real estate anywhere, foreign property is a hard asset that, unlike stocks (and barring some act of God), can’t disappear altogether. Buy right and your real estate investment overseas, like a real estate investment anywhere, can benefit from capital appreciation over time and throw off an annual yield between now and then.
In addition, though, property overseas brings particular advantages that are more compelling right now than ever before in our history.
Diversification That Generates Cash…
A piece of property in a foreign country translates to diversification beyond U.S. markets and outside the U.S. dollar. No matter how many kinds of investments you hold, if they’re all U.S.-based or all U.S. dollar-denominated, you are not diversified. You are at the mercy of U.S. markets and events, and today that’s a dangerous place to be.
Certain places today present great opportunity, especially for the investor in search of a yield, thanks to expanding marketplaces. Meantime, other countries are in all-out crisis. Both scenarios present opportunity for the investor paying attention and ready to act.
Not Reportable…Or Seizable…
Furthermore, foreign property holdings are one of the few remaining asset classes that can be kept private. An American is not required to report foreign property holdings to the IRS, not even on the new IRS Form 8938. And foreign property holdings are safe. How is a U.S. plaintiff or creditor going to seize your condo in Panama City or your beachfront lot in Belize?
An overseas real estate investment made today for diversification, safety, and an annual rental yield can evolve into your retirement residence when you’re eventually ready for that phase of life. Meantime, it can bring immediate personal enjoyment for you and your family. Your diversification and profit plan could take the form of an apartment in Paris, say, or a beach house in the Caribbean, meaning your offshore investment asset could double as your vacation getaway.
That’s why, I say again: Foreign real estate is not only one of the best ways to invest your money today, it’s also the smartest…and the sexiest.
But invest in foreign real estate? How? Where?
Lief Simon has a long and successful personal track record as a foreign property investor, with two decades of experience buying, selling, managing, renting, flipping, developing…and profiting. Lief knows how to build a portfolio of offshore property holdings from the ground up…because he’s done it.
He can help you do it, too.
Find out how here.