The European sovereign debt crisis will be in the history books as one of the biggest financial events of a generation. Sure, it will be remembered as a consequence of the wider international crisis, but what a cracking side-story it will make. Especially if it leads to one or more countries leaving the euro, or even the European Union, not to mention the potential for a complete collapse of the single European currency.
3 Reasons to Buy Property in the Cayman Islands
December 14, 2011The Cayman Islands is an international tax haven wrapped in a Caribbean paradise. The wealthy have always bought property and invested in the Cayman Islands, yet property prices here are still much lower than the rest of the Caribbean.
In a volatile world investors are looking more than ever for financial havens, and the Cayman islands, along with several other destinations in the Caribbean are coming up trumps. Here are some of the main reasons why foreigners are snapping up property in the Cayman Islands as investments and holiday homes:
St Kitts Property Market Boosted by Financial Instability
October 31, 2011The world’s safest property markets, which by no coincidence are also the world’s most expensive markets, have become extremely popular at this time of financial instability.
The rapid devaluation of cash first triggered by instability in the foreign exchange markets, and then by that and roaring inflation caused by money printing in the US and UK, has led to the world’s wealthy individuals and investors seeking to put their cash into something safer than, well, cash. This first kicked off a rush on buying gold, but then, as the price of gold soared higher and higher people began looking to property.
Cape Verde Property Sales Surge as Brits Invest in Own Pensions
October 20, 2011Cape Verde property is currently having a second-coming as it emerges as one of the world’s investment safe-havens.
The world is still reeling from the effects of the financial crisis, one of which was to completely collapse sales of Cape Verde property to foreign buyers. The Tortuga Beach and Spa resort launched to off plan buyers in 2007 but it might as well have not bothered. When thousands of people lost their shirts on Dubai property, everyone became extra cautious about off plan property, very few would risk it, and with very few buyers overall this meant no one.
But now Cape Verde is experiencing what can only be called a surge, or at least a flurry of overseas demand, with most of the buyers coming from Britain and snapping up off plan properties. What’s changed?
Resort and Hotel Properties Make Perfect SIPP Investments
September 29, 2011The Self Invested Personal Pension is a government-backed pension fund for the people by the people; not the people in general but actually by the people it is for — a SIPP lets us build our own pension investment portfolio to support us in our old age.
