Real Estate Investor Magazine South Africa December 14/ January 15 | Page 63

offshore

the ground. This is necessary in order to navigate
the local market. Choose people who are experts in
their field and have the local knowledge you need
to be successful in the market. This will save you
time and money in the long run.
4. Build a diverse portfolio
There are constant price fluctuations in global
property markets, but emerging markets can be
particularly volatile. Therefore, investors need to be
flexible and able to adapt quickly to the changes.
Investing in a diverse range of property in different
regions and also different countries can help
balance against these fluctuations in the market.
Adaptability is the key to long-term success in
these markets.
5. Be understanding of cultural differences
This applies to anyone looking to do business in a
country other than their own. If you are planning
to visit the country in which you are looking to
invest, research local cultural practices and customs
before your arrival.

Something as small as how to introduce
yourself in a business meeting can vary widely
from country to country. Being aware of these
differences from the beginning will help you to
avoid any issues of miscommunication.
www.reimag.co.za

RESOURCES
Lamudi
December 14 / January 15 SA Real Estate Investor

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