Investing in Other Countries
More and more Americans are diversifying their assets into international investments, including private REITs and real estate. A survey conducted by Spectrem Perspective found that 40% of affluent households say that they are likely to invest or continue to invest overseas.
Though most investors are focusing on the foreign equity markets, real estate is also on the rise. Several European countries have established real estate investor associations or communities that have a large American base as membership.
The primary reasons for purchasing real estate outside the U.S. include:
Second home
Diversification
Have a percentage of a portfolio outside the U.S.
Future residence upon retirement
Mexico, Central America, and parts of Europe are the most popular places Americans are looking to invest in real estate.