Consider This Point Before Starting Offshore Investment
Hi, If you think seriously to invest in other country -no matter in which commodity- then you need to consider the following point. ****Exchange rate**** You have to study the fluctuation between your country currency and the country you intend to invest in. By saying 'study the fluctuation' I mean in the past and expectation future. Personally, I've purchased an apartment for letting at 2011 when my base country currency was 2 times the investment country and it was around 7% annually but after around 4 years their currency starts to deteriorate due to economic difficulties which brought my return to about 3.5%. I know it is impossible to predict the future but keep this point in your mind and make further readings about the country you wish to invest in.
No comments yet