Skip to main content

Why Need for Tourism with a Purpose of Investment


Tourism with a purpose of investment is becoming more and more common as people go abroad for any vacation trips or work related trips which though official are inclusive of some sight seeing and local spots you can make this trip more fruitful by looking for property for second homes.
As you have already committed for the trip financially by keeping aside the amount required for stay and sight seeing, you may as well enjoy two benefits along way. Many people visit abroad for vacation purposes and as you visit every year and time and again you spend so much on the staying costs. We know costs are always rising and the same suite costs much more every year making you feel the pinch even more, though your family would feel otherwise.
As you cannot cut down on food and travelling there is one option if you are financially secure that you can buy a small place of your own in UK or any country abroad. There are UK banks who would be willing to offer you amounts on loan to buy property abroad in USA. Have this trip with a purpose of investment and as you enjoy the vacation visit some places for buying property. House or flat or a studio apartment can fulfill the required need for stay abroad for few days while you visit on personal vacation, family trip or official trip. And you can select a place according to your budget.
Property in the UK is also on a rise and though the costs comes in $ it is well worth the effort if you are a frequent flier and vacationer to the UK. Australia is also becoming the new hub for investing in property.
You will enjoy much much better on your next trip with a place of your own!
Labels:

Comments

Post a Comment

Popular posts from this blog

Debt Management for Personal Loans

Personal loans can offer individuals a way to have the funds for an array of uses. Some are necessary while others are for pure enjoyment. It is important that you consider the financial obligation that comes with personal loans. Too often, individuals access money quickly then struggle to repay it. If you don’t have a good budget in place you may find yourself unable to make the payments on your personal loan. An area where many individuals get into trouble with personal loans is debt consolidation. Within a year most people who use personal loans for this find themselves in even worse financial shape. This is because they have not altered their spending habits any. The result is they charge their credit cards up to the limit and now have those payments to make again as well as a personal loan payment. They may soon find they are drowning in the swimming pool of debt. Enrolling in a debt management plan may be a great alternative for you to help you meet your financial obligation...
1 comment
Read more

What are Interest Only Home Loans – Simplified Facts on Interest Only Home Loans

What are interest only home loans.   ‘Interest only home loans’ means that the borrower ends up paying only the interest for some years and then the principle amount is added later for years.  This has risen as a better option for many who are not in position to pay large amounts as EMI’s in present years. Usually for homes bought in construction phase, you keep paying small amounts of interest. In this type of offer the lender gives money to the borrower and the purchase deed is completed. The borrower becomes the owner of the house. Every month he has to pay a small amount that is interest to the principle amount (loan amount). During later years, as    the construction progresses and the housing complex is ready   he has to pay the interest along with large sums of the principle amount. This option may be good for individuals who are highly qualified and have a new job and they know that over the years their salary is going to increase with their experience....
Post a Comment
Read more

Fresh New Developments in Home Buying and Home Loan Industry

There is a gradual change and slow movement observed in the home industry and home loans market. After the long silence it is a welcome change for the builders and the home loan finance industry. As we move in any direction east, west, south or north, Mumbai or the outskirts, everywhere we see constructions going on and even though here was a lull in the market since the past few years due to Government and Reserve Bank rules and regulations there is a welcomign change being seen now. As the government too has reduced the burdens loaded on the builders so also the home loan industry is offering new low price quotations and offers for the buyers and home loan borrowers.With reduced interest rates, and many warding off totally the prepayment penalty with new latest amenities offered at the same price per square foot the customers are preparing to make their move. Still necessity, an own  place to stay,  is the only decision maker and where customers are concerned. The investment...
Post a Comment
Read more