Real Estate Consultant · Cyprus · Member since 2020 · 1 post · 1 vote
Hello guys, I'm new to this forum. Thank you for having me.
I source investment deals in Cyprus, a Mediterranean island that is very similar to Greece with a booming economy. We find off-market deals and provide full service on repurposing old buildings into commercial/residential for a profit. Also working a lot with solar parks.
I know most of you are in the USA, I only work with international investors and provide them with good deals that also include management. I don't want my clients to be concerned with their investments, we take it from A to Z.
My question is what are the first things you look at when investing in a foreign country?
Right off the top, I would consider why I am even investing in a foreign land that I have zero knowledge on when I have a much larger network, structure, and knowledge of my own backyard - the US. So the deal itself is what I'd consider, it would have to be pretty amazing, something that I couldn't necessarily get in my home country.
After that I would research how stable the country's economy, currency, political system, financing, tax situation, landlord-tenant laws, and regulations are for businesses.
Next would be the general research that we would do for any prospective city we're investing in. Job growth, population growth, income levels, crime, etc.
Finally the issue of management, trusting the PM, the broker, etc. to do any amount of work on my behalf in a foreign country.