Buying a new home overseas is a great way to protect your hard-earned capital. Don’t leave your money in South Africa: use it for your deposit. Historically, real estate has been one of greatest hedges against inflation. People will always be in need of somewhere to live. Price bubbles will surface and go then come back. In the meantime, your home retains its intrinsic value.
With a new home overseas, you can invest a relatively small amount of cash to secure a large asset. In some countries, Brazil for instance, the value of property can increase by 60 percent in 2 years.
In Brazil, half of the population falls in the middle class bracket. They have created 2.5 million jobs in just last year alone. Credit and mortgage services are also opening up. Immediately people move into this middle class category, they begin putting themselves in the market for shiny new apartments. The new 2.5 million working population also need to live and work somewhere. Think about what this can translate to: a surge in demand for houses and apartments. This means that price should rise—as should the rental income that you will receive for your new home if you decide to rent it.
So, isn’t it a good idea to make your money work? Why leave your retirement annuity locked up in South Africa, when you can invest it better in your new home country?
Benefits of Buying a New Home Overseas
- You Retain Control: You can lease, sell, or develop it according to your schedule and preferences.
- You Keep Your Cash In Another Currency: It is a great way to diversify your investment portfolio towards appreciating currencies.
- Great Inflation Hedge: A property is far much better than cash flow in a paper currency. It’s a hard assets—it retains a value independent of any currency’s nominal value.
- Investing Overseas Is Fun: Your new overseas home can double as personal retreat, vacation gateway, or part-time residence. You will enjoy it while it appreciates its value, generating you rental returns (in foreign currencies), and safeguarding your overall net worth.
Contact us to move your money overseas; finglobal.com is a reputed and licensed financial service provider. We are adept in South Africans financial emigration issues with emigrating from south africa.
If you require more information about our services – don’t call us, we’ll call you.