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WEALTH X REPORT KEY FINDINGS

  • Writer: Martin Roeth
    Martin Roeth
  • Aug 21, 2015
  • 1 min read

The Wealth-X and Sotheby’s International Realty® report focuses on Homes as Opportunity Gateways. The goal is to provide insights into the trends driving the buying decisions of ultra-high net worth individuals around the world, their motivations and destinations of interest.

Limited in its scope, this report nevertheless provides some good points and can be downloaded here: http://goo.gl/nnzMSW

Here some Key Findings of the 2015 report:

■ The ultra high net worth (UHNW) Luxury Residential Real Estate Index rose to 115.2 in Q2 2015, an 8.3% rise year over year, and the sixth consecutive quarter in which the Index has risen.

■ 12% of second homes purchased by emerging market ultra high net worth (UHNW) individuals (those who reside in BRICS nations) are located outside their country of residence.

■ Recent fluctuations in emerging market nations are leading a new generation of UHNW investors to consider investing in luxury residential real estate in Western markets.

■ Chinese individuals now make up the third largest share of foreign UHNW homeowners in the United States, behind only Canada and the United Kingdom.

■ Many of these target Western markets, including Sydney and Vancouver, have rising property values that are still three to five times less expensive than London and New York.

■ 20 nations in Europe and the Americas now offer citizenship or residency programs to individuals willing to invest in domestic residential real estate. And several more, including St. Lucia, are considering such programs.

■ Real estate investment for many of these nations’ residency and citizenship programs begins at US$250,000.

Contact us to learn more about your options and some outstanding real estate investment opportunities


 
 
 

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