INTERNATIONAL PROPERTY INVESTING BASICS (PART 1) ZIV MAGEN
I'm personally familiar with at least one company
that runs an online store that manufactures in the
Philippines, from ingredients purchased, prepared
and shipped from China, runs the business from a
comfortable home office in Australia, and sells
mostly to the USA- with revenues that have
exceeded the first net million dollars in just under
three years of operations. In sharp contrast to what
one might expect, however- the entire permanent
staff of this company consists of its founders and
t's a unified world economy we live in these
owners- a married couple in their late forties.
days, no doubt about it. A typical global-spanning
Considering the considerable profits and minute
corporation might establish their headquarters in
overhead involved in this ingenious operation, their
Singapore for tax purposes, get their cheap labor in
India for cost-reduction purposes, manufacture in
China for mass-manufacturing purposes, then sell to
clients in Northern Europe for profit purposes. And,
in
the
not-so-distant
past,
this
type
of
evil
conglomerate structure was only possible for the
filthy rich, tax-evading, lawless and faceless elite of
the worlds’ worst billionaire types. These days,
lifestyle (and international mileage, in which they
partake on a fairly frequent and regular basis) has
quickly evolved to first-class, as could be expected.
This type of success of course comes as a result of
innovation, creative problem solving and a hell of a
lot of hard work. But, the point is that it can, and IS
regularly done in ever increasing droves, around
the globe.
thanks to the Internet, international tax treaties,
foreign incorporation laws and virtual office services,
your next door teenage neighbor might be doing it,
International property investing, of course, is no
different.
making more money than his mom and dad could
ever dream of in the process.
In theory, at least.