Could an international money transfer to Brazil help property investors?
International money transfers to emerging economies could be of benefit to property investors. According to the latest Global Property Survey from the Royal Institute of Chartered Surveyors (Rics), emerging economies including South America, Asia and eastern Europe are outperforming the UK and the eurozone when it comes to real estate. Rics chief economist Simon Rubinsohn commented on the figures: “The real estate world continues to be split broadly speaking between the emerging and developed economies. “Strong growth in many of the former, including the likes of Brazil, Hong Kong and India, is continuing to boost demand for new space from occupiers as well as encouraging investment activity.” However, people who are determined to invest closer to home could still make an international money transfer to France as the country was revealed to be “bucking the negative eurozone trend”.
