American Real Estate for the International Investors
Have you ever watched the shows on some of the world’s billionaires? Over the last year there has been an increase in these types of shows. Each one of them explaining how there are more billionaires now than there ever has. Well, one thing you will notice is that a number of these billionaires are actually from Russia. And with the value of the dollar dropping this is creating the perfect avenue for Russians to purchase American real estate and with a drastic savings over their own country. You will hear of Russians purchasing American real estate, but mostly they tend to stay in the Florida real estate market for the warm tropical climates. Some of the properties or vacation homes they purchase come with hefty price tags like the condo in the Time Warner Center in Manhattan that sold for $13.5 million, or Donald Trump’s oceanfront home in Palm Beach that sold for $100 million. With the way the American real estate market and the million dollar home market is moving now this is a great time for buyers whether they are international buyers or local. Here in Myrtle Beach we have it all vacation homes in all different shapes, sizes, and price ranges from oceanfront homes to deep water homes or even find that exclusive elegant mansion just a short drive to the beach. Contact the Willis Team for American real estate.
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