Arjun and Priya’s journey unfolds the dilemma faced by many Indians: Is investing in overseas properties a wise decision?
Table of Contents
Introduction
Once upon a time in the bustling streets of Mumbai, lived a young couple named Arjun and Priya. They had saved diligently over the years and were now faced with a dilemma – where to invest their hard-earned money? While the Indian real estate market had its charms, whispers of opportunities beyond the borders ignited their curiosity.
This tale follows Arjun and Priya’s decision-making process, exploring whether investing in properties overseas is a prudent choice.
Why Are Indians Investing Abroad?
According to Hirav Shah, a renowned Real Estate Strategist and Astro Business Consultant, several factors make overseas property investments an attractive option for many Indians. Let’s explore these factors:
- Sluggish Indian Real Estate Market: India’s metros are experiencing high property prices, but with limited rental returns. In contrast, countries like Malaysia, Thailand, and the UK offer more affordable options with higher rental yields.
- Better Lifestyle and Investment Opportunities: In some markets, a sum of Rs. 45 lakhs can buy a fully furnished condominium in prime locations abroad, offering both a great lifestyle and returns of 10% net rentals, compared to limited options in India.
- Currency and Remittance Benefits: Thanks to the Liberalized Remittance Scheme, Indians can remit larger amounts for investments. This has made buying property abroad much more accessible.
Example:
If Arjun and Priya wanted to invest Rs. 45 Lakhs in India, it might buy them a 1 BHK on the outskirts of Delhi or Mumbai. However, if they invested the same amount overseas, they could purchase a 2-bedroom property in Malaysia or Thailand in a prime location with better rental yields.
The Role of Hirav Shah
Hirav Shah is a leading strategist and advisor in real estate investment, known for helping investors understand the nuances of property astrology and market trends. He works closely with real estate developers in India, the US, and the UK, offering strategic advice based on astrological predictions.
Attractive Global Property Markets
Some international markets have emerged as hotspots for Indian investors. These include:
- Malaysia and Thailand: Known for affordability and high rental returns.
- London: Despite the recent economic slowdown, London’s real estate market remains attractive for long-term investment.
- The United States: Offers stability, attractive rental yields, and opportunities for capital appreciation.
Example: Why Malaysia?
In Malaysia, for Rs. 45 Lakhs, an investor could purchase a fully furnished condominium in a prime location, offering steady rental returns. This would be a more cost-effective and lucrative option compared to India’s metro markets.
Investment for Citizenship and Residency
Another advantage of investing overseas is the possibility of securing permanent residency or even citizenship in some countries. For instance, countries like Cyprus, Portugal, and Malta offer residency benefits for investors who buy properties above a certain price threshold.
Statistical Insights
According to the Reserve Bank of India (RBI), outward remittances for real estate investments have risen significantly. In 2022, Indians invested over USD 2 billion in overseas properties.
Example: The United States
The National Association of Realtors reports that foreign buyers, including Indians, represent a significant share of the residential property transactions in the United States. They are drawn to the market’s stability, rental yields, and potential for capital appreciation.
Should You Diversify Your Portfolio?
One of the primary reasons to invest in overseas property is diversification. A diversified portfolio across different geographies can help mitigate risks from economic downturns in any single market. Investing internationally may provide a hedge against the volatility that affects domestic markets.
FAQs: Should Indians Invest in Properties Overseas?
1. What are the benefits of investing in properties abroad?
Investing abroad provides opportunities for higher rental yields, capital appreciation, lifestyle advantages, and potential residency benefits.
2. How much can I invest overseas under the Liberalized Remittance Scheme?
Under the Liberalized Remittance Scheme (LRS), Indians can remit up to USD 250,000 per year for investments, including real estate.
3. Which countries are the most attractive for Indian investors?
Countries like the US, UK, Malaysia, Thailand, Cyprus, and Dubai are popular among Indian investors for real estate investments.
4. Can real estate astrology help with property investments?
Yes, real estate astrology is becoming a popular tool. Experts like Hirav Shah use astrology to advise investors on the best time and type of property to invest in based on their horoscope and date of birth.
Conclusion
The decision to invest in properties overseas is not one-size-fits-all. It depends on individual financial goals, risk appetite, and long-term vision. With international markets becoming increasingly accessible, it may be the right time for Arjun, Priya, and many other Indian investors to explore global opportunities.
Final Advice from Hirav Shah:
“The strengthening of the Indian Rupee and the affordability of properties in countries like the UK, Cyprus, Malaysia, and Dubai make it an excellent time to consider overseas investments. However, always consult with a property strategist and astrologer to make the best decisions.” – Hirav Shah, Real Estate Strategist
