Are you considering the possibility of purchasing real estate? You can always consider purchasing real estate close to where you live, but instead consider expanding your options and purchase real estate overseas!
Investing internationally comes with some great benefits that include:
- It’s a great way to diversify your portfolio.
- It provides you with a personal vacation spot.
- It’s a place where you can retire.
- It can generate income when rented out.
The trouble is figuring out where to invest. Without being confined to your neighborhood, your state, or even your own country, the options are literally endless!
If you’re having trouble deciding where to start on your international investment journey, these locations are a good place to look.
Dubai
Dubai is booming. It is truly amazing just how quickly this small town exploded into a huge city that is competing with other popular cities around the world. There are a lot of reasons for that, but one of those reasons is the fact that it’s relatively easy to purchase property there, even if you aren’t a resident.
The Arabian Ranches are one of Dubai’s first suburban freehold neighborhoods, and it continues to be a place where expats invest in real estate. It is a popular place to buy because of its community atmosphere and its proximity to everything the big city has to offer.
That isn’t the only freehold neighborhood in the city. From Downtown Dubai to Palm Jumeirah, there is certain to be an area in Dubai that appeals to you.
France
Purchasing property in France may seem like a far-fetched dream, but that dream isn’t as far-fetched as you might think. As people always want to travel to France, it is a piece of property that will pay off, even if it costs more than investing in other locations.
Another benefit of investing in real estate in France is the fact that your purchase is relatively easy to finance. In-country financing is available. Not only does that make obtaining a loan a lot easier, you may even be able to take advantage of lower interest rates than you’ll find in your home country.
Brazil
Brazil offers a diverse range of markets to invest in. From the city to the beach, for private reasons or commercial reasons, you can find a piece of property that is worthy of your investment dollars.
However, you will likely find more long-term success by investing along the coast. The Fortaleza area is a good place to start your search. Although it isn’t necessarily popular on the world stage, it is a popular vacation spot among Brazilian tourists. Not only does it provide a fun, cultural experience for your own vacation, you can reliably count on others to rent your property and provide you with extra income.
Mexico
Mexico is another place where there are many different investment opportunities. Like Fortaleza in Brazil, focusing on holiday and vacation areas is the best bet. In Mexico, you may want to consider Puerto Vallarta.
There are quite a few things to do in Puerto Vallarta, and it also happens to be one of the safest areas in Mexico. That means you’ll have plenty of fun while you’re there, and you’ll be able to rent out your property to travelers regularly.
Other areas of Mexico are worth your attention. Playa del Carmen is another great option.
No matter where you choose to invest, you’ll find easy financing options for non-residents. For example, U.S. lending institutions are specifically set up in Mexico to help make purchasing property in the country easier.
Canada
If you’re looking for other reasons to invest besides vacation rentals, Canada may be a good option. It is a supplier nation, so its economy is more stable than others. It provides great opportunities for those who are looking to invest, especially if you’re interested in investing commercially.
It is true that real estate costs can be high, but it’s also important to note that Canada and the United States are very similar. Job skills are easily transferable, and speaking the same language is a huge plus.
Don’t think your only options for investing lay close to home. There’s a world of opportunity out there! Whether you dream of retiring on the beach, you want to make a little extra cash with a rental income, or you’re scouring the globe for the next great business opportunity, this list gives you a great starting point of countries to consider.