There are usually three kinds of property investment available to foreigners. These investments include the industrial estate investment and residential property investment.
Condo for rent Singapore are further classified into single family properties, apartments or condominiums and recreational properties. Whatever kind of real estate you are interested in, there are all sorts of tax effects, financing options and legal requirements that you need to take care of.
Why Should You Invest in Singapore ?
You have probably heard of the increasing amount of foreign real estate investments in the Singapore. This is not surprising. Together with the difficulties that the real estate investment market is facing in the United States, greater opportunities in real estate investment were opened to foreign investors.
With the dollar’s value in its all time low, foreign investors are discovering real estate bargains all over America. There are no shortages of deals on the market. More and more desperate properties are being sold everywhere and foreigners are pouring in millions buying these foreclosed or distressed properties. The United States real estate has become a rather attractive long-term investment for foreign investors.
National Association of Realtors
- In November of 2006, the National Association of Realtors released a report entitled “Foreign Investments in U.S Real Estate: Current Trends and Historical Perspective”. The report showed that there has been a steady increase in overseas property investment in the United States.
- This is especially after the euro and the loonie became stronger in the face of the continuous devaluation of the US dollar. Prime bargains were opened to foreigners. Many foreigners have now looked into the prospect of retiring or settling in the United States.
If you are a foreigner, you would find a lot of reasons why you should invest in the Singapore real estate market. Besides the fact that the floating exchange rate has given you a lot of leverage within the bargaining table, the financial market is a pretty good reason why you should invest in the US property. For more additional information about waterfront condo you can check out http://www.sgnewcondolaunch.com.sg/property/kingsford-waterbay-at-district-19/
The financial market in the Singapore in relation to the housing market is very liberal and the restrictions against foreign investors are pretty affordable. This is ideal for foreign companies which are attempting to invest in the housing market in the Singapore in order to avoid tariff restrictions and are contemplating setting up an office or a business in the Singapore.