Of all the investment options out there, why put your money into real estate?
For international real estate guru Lief Simon—the most globally spread investor I know—it boils down to one thing—his ability to sleep well at night…
You see, there’s a certain comfort that comes with owning a hard asset like real estate. Stocks go up and down every day. They move in cycles. You have to keep watching them.
It can become an obsession… and, well, interfere with your sleep pattern.
Real estate, on the other hand, doesn’t have this erratic nature. In most cases, your property is sitting there, holding its value, and often appreciating. It can boost your cash flow by bringing in regular rental income. When not rented out, you can use it for vacations. Best of all, if you go about it the right way, you don’t have to worry about it day to day.
Now, when you could fairly easily invest in property in a familiar market in the United States, why go to the bother of investing overseas?
The logical reason to invest overseas is for diversification outside the United States—and, importantly, outside the U.S. dollar.
As any seasoned U.S. investor will tell you, if all your investments and assets are in U.S. dollars, you’re not truly diversified. You have no safety net should things go sour.
That’s the clinical way of looking at it.
However, there’s also a huge personal element to investing overseas… that shouldn’t be ignored.
Latin American Correspondent Lee Harrison—who’s been living and investing overseas for nearly two decades—looks first for a place where he would enjoy spending time… then he researches the practicalities of investing in that market.
Certainly, for a first-time investor, Lee’s is a good model to follow. This way, if the local market goes against you, you’re still invested in a place where you’re happy to spend time. You’re in it for the long term… and happy to wait for things to bounce back.
Ideally, for true diversification, you want to invest in a number of markets. But, for the first-time overseas investor, finding that first opportunity is your goal.
If you were in Panama City with Lief, Lee, and the rest of our team of global property experts last week, you got to hear first-hand about some of the best opportunities in the world right now for short-, medium-, and long-term investment.
But, if you weren’t able to attend our 2019 Global Property Summit, all is not lost…
Right now, we’re preparing Your Dream Home Overseas: The How To Buy, Own, And Profit From Foreign Property Program—a full set of audio recordings (straight from the live event), slideshows, and bonus reports, so you can tap into all these latest opportunities… and understand everything you need to know before making your move on the global scene.
It’s not easy entering a foreign market. The purchase process (assuming an official one exists) works differently. Contracts are in a foreign language. Titles can be complicated. Often, prices are all over the place.
At last week’s Global Property Summit, our experts didn’t leave any stone unturned. Listening to their discussions and insights, you’ll get up to speed on all the potential pitfalls of buying real estate in a foreign country… and how to navigate them.
Kat Kalashian
