How To Buy Your Dream Home Overseas
Why would you want to buy a piece of real estate overseas?
This is the first question we tackle every year at Lief Simon’s Global Property Summit. And, it’s an important one whether you’re looking for a full- or part-time home in another country… or shopping purely for an investment opportunity…
The big advantage of real estate anywhere, of course, is that it’s a hard asset—a real and long-term store of wealth. But why real estate overseas, specifically?
In a nutshell… you’re giving yourself the gift of diversification. When you purchase a piece of property in another country, you’re achieving diversification of market, of economy, of political regime, and of currency. Everything everywhere is cycling all the time, but the cycles are all different. Some markets are booming while others are in crisis. Currencies are always up or down one to the other, but the ups and downs are ever-moving targets. By spreading your property portfolio around, you can insulate againstContinue reading