Following the pandemic which we are still recovering from, the world economy is far from certain. This of course has a direct impact on everything, from jobs to healthcare, real estate and every aspect of public life. For those who are looking to make a move abroad, it is imperative that you weigh up all of this before you settle on the perfect country for you.
Buying abroad can be complex and you will need to have some support from your country of choice, to find a property and of course to pay for it. Thankfully an international money transfer is easier than ever, but that is only required once you have found the right place. With this in mind, here are our top picks for which country you should buy property in 2022.
Investment Opportunity
If your sole purpose of buying property abroad is to make money, then we have to look at the property ranking index in a different way. Given the damage which the pandemic has had, the list of countries which provide the best investment opportunities have changed. If this is what you are after, here are the top 5 emerging countries for real estate investment.
- Brazil
- China
- India
- Mexico
- Colombia
Moving Abroad
When it comes to moving abroad there is nothing wrong with looking for possible appreciation of a property, but the focus becomes more about a stable and secure nation in which to spend your money. Let’s take a look at the top 5 countries where you could invest your money for a move abroad.
- US
- Germany
- Canada
- UK
- Australia
These nations top the indexes when it comes to safety, healthcare, education systems and general way of life. Given that 4 of the 5 nations are English speaking this also makes the transition easier, not to mention the fact that they are some of the strongest economies around the world. These countries are also used to foreigners relocating, which means that the infrastructure is in place to help make the transition smooth for you.
Deciding on Where to Live
Identifying the country is of course only half the battle here, because once that is done you also have to pick a location. Looking at Canada as an example, there are stark differences between the likes of Toronto and Nova Scotia. The key will be knowing what kind of life you are looking for, whether a city suits you or somewhere more remote. Additionally it will be worth paying attention to metrics about various locations such as crime rates, cost of living, school systems and healthcare. The best advice would be to take a trip to your country of choice and visit some of the options that you have in mind. It is only once you have experienced a place that you can make an honest decision about whether it is somewhere that you would like to live.
Take your time as this is a big decision, and pay close attention to the current state of these countries in the wake of the pandemic.
