The USA has long been a popular location for international property investors seeking a stable economy in which to invest. Many popular tourist locations today offer high investment potential to foreign purchasers.
Property in USA currently comes in as number three in British buyers’ top property destinations, after France and Spain. This can largely be put down to the fact that, in accordance with its immense size,
the USA boasts an abundance of opportunities for investors in search of all kinds of attractions, from beaches to ski resorts, or from exciting cities or theme parks to golf paradises.
A modern nation famed for the sheer scale and modern quality of just about any aspect of living, the USA is a popular destination for those seeking a part of the American Dream. Air connections to the USA are numerous and well priced, making for a viable foreign destination in which to purchase a second home or indeed invest in the USA’s booming tourist market.
Despite an apparent slowdown in the US real estate market compared to previous years, property purchased in popular locations such as Disney’s Orlando or rich and glitzy Las Vegas today can often fetch very healthy returns of around 30% per annum. Mini emerging markets and otherwise hidden investment opportunities centred in and around these areas also produce some excellent returns. Many luxury holiday homes are now helping to boost the ever increasing demand for tourist accommodation to serve the USA’s overwhelming and ever growing visitor numbers, currently topping 4 million per annum.
It is easy for foreigners to purchase property in USA, while a tried and tested, transparent system is in place, making property an enticing option, particularly as current Sterling and Euro rates are allowing investors to stretch to purchasing properties that would otherwise be beyond their reach.