International Real Estate
What & Why?
More and more individuals, investors and real estate agents are getting interested in international real estate. What is it? Why should one participate?
Whenever a person or organization from one country participates in a real estate transaction in another country this is an international real estate transaction. There are many reasons to participate.
For individuals the transaction could be as simple as buying or renting a vacation home. Often retirees find that the income that gives them a modest retirement in their home country will allow them to live at a much higher level abroad. Investors try to diversify their risk and take advantage of currency trends. Often when political or economic conditions become uncomfortable in a home country, it can be advantageous to move ones assets to another country. Real estate is a natural asset for long-term placement of assets. Real estate agents are looking to take advantage of their contacts and make more commissions. This business also offers tax deductions for international travel.
David Segrest is a REALTOR in Charlotte, NC
David S. Segrest, CIPS, CCIM, TRC, CEA
david@segrestrealty.com
http://www.segrestrealty.com
Serving the world in the Carolinas, Serving the Carolinas in the World
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