It’s a question filled with curiosity about how far the Dollar, Euro, or Pound Sterling goes in a foreign country.  Can it secure you a high-end property at an affordable price?   If it does, is it possible to buy a beautiful piece of real estate abroad, enjoy it, and build wealth all at the same time?

The answer is yes.

Today, travelers now have an abundance of lodging options to choose from when vacationing.  Rather than being limited to staying in traditional hotels or hostels, travelers have the option to stay in vacation rental properties that are offered through companies like Airbnb.  These lodging alternatives generate billions of dollars annually, with Airbnb alone generating close to $3 billion.

For people who want to earn money from vacation rentals, there are several different income producing strategies. Two of the most common methods are:  Managing properties and owning properties.

From a managing perspective, property managers assist in handling property upkeep and marketing to recruit both new and long-term renters.  But it’s the owners of these lodging rentals who are the real wealth builders.

5 Reasons to Build Real Estate Wealth Abroad

• Credit is NOT the Determining Factor – When you invest abroad, unless you are seeking financing, credit does NOT matter.  You are heavily judged in the US based on your credit rating and your ability to secure funding.  Abroad, we have seen deals that not only ignore your credit rating, but credit doesn’t enter the equation because there are payment plans.
  
  
• Cash is KING –  If you have the cash, as an individual or as a group, that’s really all it takes to make moves abroad.  Real Estate companies want you to invest, so they make things as easy as possible.  We are talking VIP services from touch down to take off and special incentives to get deals done.  
  
  
• Marketing & Management Support – Foreign real estate buyers, depending on the country, receive turnkey services that allow you to manage your investment abroad.  This means management, maintenance, and marketing support for your property in order to keep it occupied.

This is how you are able to Airbnb all over the world.  It’s because of the property managers that real estate investors from all over the world invest in the countries that make the most sense for them to see a return.

• American Dollars Have Value – When you look at the US dollar against other currencies in the world, it is one the strongest, most stable currencies.  This leads to markets around the world having a preference for the dollar.  So, US investment dollars in foreign markets are attractive to real estate markets.

• Attractive ROIs – Let’s be honest, the main reason people invest is for the returns. We’ve all been trained to buy low and sale high as a mantra and a goal.  Investing abroad tends to be attractive because with a strong dollar, you can get great deals on high-end properties that may be out of reach if you were investing in your home country.  There are a number of markets abroad that will allow for your investment dollars to go further than at home.

It’s important to keep in mind that although travel is considered to be a luxury, it creates wealth building opportunities for those who have the vision to invest in markets where assets are undervalued.  These are the places where you may find attractive returns both short-term and long-term.

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