The survey of 1,114 respondents found 70% are aged 50 or over, and more than half were buying an overseas property with emigration or retirement in mind. Just over 40% had a property budget of between £100,000 and £199,000. As regards to financial support, nearly three quarters will rely on pensions or investments.
Property Experts Divided Over Worth of Three-Year UAE Visas
August 3, 2011 by
The recent news that some UAE home purchases will be able to obtain three-year property visas has divided real estate experts, as some believe it will have little effect on Dubai’s ailing real estate market while others think it could increase foreign sales. In June the government decided to offer extended visas to those who
Overseas Property Investments Surge in Australia
June 6, 2011 by
Foreign property investors in Australia last year purchased almost $3.1 billion worth of commercial properties in the country, which is three times as much as the previous year’s figure, $1.2 billion in 2009, says a new report by Real Estate Investment Flows. In all, 24.3% of commercial property transactions in Australia last year involved foreign
