How To Secure Your Overseas Property This Year
Of all the investment options out there, why put your money into real estate? And, more specifically, why overseas real estate?
Our global property expert Lief Simon—who continues to grow his international real estate portfolio every year—says that diversifying into markets outside the United States helps him sleep better at night.
You can have better nights, too—even as the owner of a single foreign property…
As Lief reminds our audience every year at his Global Property Summit, there’s a certain comfort that comes with owning a hard asset like real estate. Stocks go up and down every day. They go in cycles. You have to keep watching them (or pay somebody to watch them for you)…
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 your vacations. Best of all, once 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. No matter what any seasoned U.S. investor may tell you, if all your investments and assets are in U.S. dollars, you’re not truly diversified. You have no safety net when things go sour.
That’s the clinical way of looking at it. But there’s a huge personal element to investing overseas, too… and one that shouldn’t be ignored.
Overseas Property Alert editor Lee Harrison says he looks first for a place where he would enjoy spending time—then he researches the practicalities of investing in the local market. Certainly, for a first-time investor, it’s 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 are willing to wait for things to climb back up.
Whichever angle you’re coming from—whether you want to secure a property for your own use… make an investment… or somewhere in between—we’ll help you figure it all out at our Global Property Summit, March 14–16 in Panama City, Panama.
This is overseas real estate investment broken down in the most practical (and fun) way… and given from a number of sides. Because there are so many ways to build a global property portfolio, it’s important that we share different perspectives.
Lief and Lee will both be in the house, of course… along with their wider team of international property experts… all to share their own views… and to tell you about the best current opportunities (for short-, medium-, and long-term investment) from their own regions.
What about the pitfalls? We’ll cover those, too. 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 may be complicated. Often, prices are all over the place.
But once you’re aware of what you’re getting into, you seek the right help, and you have patience (a big part of living and investing in a foreign market), you can do this. As always, there’ll be plenty of time for you to ask your questions—in our Q&A slots… over coffee breaks… and in our exhibition hall.
If becoming the owner of a property overseas is on your list of goals for this new year, you owe it to yourself to be in the room. Full details on our Global Property Summit are here (remember to use Coupon Code GPSCONF50 to save an extra US$50).