The first three months of 2012 saw Koreans increase their spending on overseas property, although figures are not as high as they were in the same period last year.
South Korean property investors make their presence feltIn the first quarter of 2012, the number of property purchases made by South Koreans increased significantly when compared to the previous quarter.
Foreign funds solve China’s cash lagChinese developers are selling a variety of properties to overseas buyers, in an attempt to increase cash flow into the market.
Wealthy investors choose trophy homesA large number of the world’s wealthiest individuals are purchasing high end property in high end locations, such as Paris.
Points to consider when transferring money abroadThere are a number of reasons why consumers are now sending money abroad, whether it be for a property investment, educational fees or for personal interest, but it is important consumers research the market to make sure they receive the best rate.
Granny tax to encourage pensioners to retire abroadWith further changes expected to occur in personal tax allowances for British pensioners, many are likely to retire abroad in order to get the most from their pension.
Dubai protects overseas buyers with new lawOverseas property buyers planning to invest in the emirate state of Dubai will be protected by a new law under current proposals.
Government causes international property sales to decline in SingaporeSingapore’s government have introduced new regulations on international sales, as the country attempts to steer away from the boom and bust cycle.
APG to increase investment in Asian propertyAPG Algemene Pensioen Groep NV has said it will increase investments in Asian properties to take advantage of the region’s economic growth.
Overseas buyers expected to flock to ThailandThai developers are hoping to attract overseas property buyers as new schemes are introduced in Thailand’s popular resort locations.