Offshore Guidebook | Real Estate Investor Magazine Offshore Guidebook 2013 | Page 12

GETTING STARTED BY ANGIE REDMOND Take The Plunge And invest in offshore property I nvesting in real estate in another country is the smartest thing you can do with your money right now. Thanks to the global market events of the past, many options exist right now for you to buy and make money in an offshore property market. And with the age of the Internet, seizing these opportunities has never been easier! So why, you may ask, should you invest in offshore property? Here are just some of the many reasons. Like real estate anywhere, offshore real estate is a hard asset, and in the current economic climate, hard assets are the most sensible investment class for storing value. Hard assets are investments with intrinsic value that are typically an excellent inflation hedge. As with real estate anywhere, you’re buying with the hope of capital appreciation, which is an increase in the price or value of assets. Overseas real estate offers your portfolio diversity, Your property will double as a retirement plan and tomorrow’s retirement residence. Your property offers many uses, an investment for you and your family and a holiday home, when you feel the need to get away. The propert y you buy today can be left as a legac y for your children and their children, continuing to give your family a steady income even after you are not able to. You can buy, sell, rent or develop according to your needs and time schedule; you retain control of your investment. You c a n gener ate a c a sh f low i n a not her currency, and with the exchange rate, you could end up w ith an excel lent investment ret urn, depending on the exchange rate of the country. Real estate investing is fun. Your real estate an important means of reducing your risk by investing in a variety of assets, giving you less risk than if you had an unvaried portfolio. Not only is your portfolio diversified but the market you are investing in is diversified, as is the type of asset. By investing in overseas property you position yourself to profit from both expanding and crisis markets. 10 investment can double as a persona l retreat, part-time residence, or vacation getaway. You can enjoy it while it’s appreciating in value… generating renta l ret urns…and safeg uarding your net worth. So what are you waiting for? Get started on your offshore property journey today! Offshore Handbook 2013 www.reimag.co.za