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Showing posts from October, 2013

Where Global Property Buyers Are Headed

Its a funny thing really. You have the rich folks going global to buy properties, usually after owning more than 2 in their home turf. Its clearly unique to see that all these rich folks do not think alike. There are natural exposure considerations. Proximity and close knowledge considerations. Tax and holiday considerations. Retirement and children's education considerations. Political funds sloshing and illegal money laundering purposes. But the driving point is that they should try to make money and in a currency with potential upside, or their downside is overwhelmed by the capital gains consideration.

They are ranked in terms of total money outflow. I think its surprising to see Singapore so high up, but methinks a substantive portion of that money belong to Malaysians and Indonesians.You know how restrictive the rules for money outflow is for both countries. The same for UK as you can also assume that its also largely Russians living there doing most of the buying.

1)  CHINA -…

Prep For NYC (Part 2)

Before I continue, got to plug Qatar Airways current amazing offer where you can get one free Business class ticket free for everyone that you purchase.

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