Simplifying the process of buying real estate assets in a foreign country

in #blockchain7 years ago

fabien-bazanegue-561933-unsplash.jpg

Can you buy a piece of land or build your own house in a foreign country? Unless you become a citizen or something similar in that country, it is almost impossible to invest in real estate outside your native country. Even if some countries allow you to own a real estate asset, then you need to make some local person as an investing partner because direct foreign investment is not allowed in most of the countries. Also, there are a lot of restrictions for the foreign investors like they can invest only in a certain type of property. Besides that, they need to follow so many government rules and regulations before owning the asset.

Does this mean that investors cannot make real estate investments outside their native country? They can make use of the option called REITs. What is REIT? A REIT (Real Estate Investment Trust) is basically an organization or trust that either owns or finances the real estate properties that have a promising growth potential. It is not necessary that the property should be only commercial, it may also belong to the residential sector like apartments, senior living communities etc. REITs allow any type of investor to invest in real estate assets in exactly the same way as they buy stocks, mutual funds or another kind of investments.

The most striking feature of the REITs is that they pay almost 90% of their income to the shareholders as dividends. In this way, the investors can get a stable source of income from their real estate assets. They don’t worry about the location, governments and other criteria for making their investments. Mainly, there are four types of REITs like Equity, Mortgage, Private and Public Non-listed. It is up to the individual to choose the type of REIT based on their need.

Over the past few years, buying/trading cryptocurrencies have become very popular. And, the crypto market is always on the rise as a large number of people are interested to hold crypto assets either by directly buying the cryptocurrencies like bitcoins or tokens. That’s Global REIT has chosen the concept of integrating the blockchain technology with the real estate. The functionality of Global REIT will be exactly the same as the traditional REIT but with some additional features listed below:

  • It pays monthly dividends to its token holders
  • Introducing the new concept of ‘Fund Management Income’
  • Loyalty programs for the token holders

The Global REIT will be best suited for the below category of people:

  • Cryptoinvestors who are looking for stable/constant ROIs
  • Real estate asset holders
  • Existing REITs

To learn more information about REIT, kindly visit http://www.globalreit.io/front/whitepaper/Global-REIT.pdf

Global REIT will be issuing two types of tokens namely GREM (Global REIT Fund Manager) and GRET (Global REIT Asset Token) to the investors. Up to 8% of the investment will be given as dividend on the GRET token. For GREM, the dividend will be starting at 2% of NAV. Check out http://www.globalreit.io/ to learn more information about the tokens of Global REIT.

Thank you for your time and feedback,
Jack Andrew

Sort:  

"The Global REIT will be best suited for the below category of people:

Cryptoinvestors who are looking for stable/constant ROIs
Real estate asset holders
Existing REITs"

... and not only, I will add. Looks pretty solid, and even if is not such a big ICO like others, it is quite a gread idea behind it. Thanks for sharing it!

I appreciate your feedback here, thanks!

I thought about this kind of project the other day. I would love to invest in land in foreign countries. Sounds like stable returns. I'm glad I came across this post and I will be checking out Global REIT!

Glad to hear that! You will find a lot of great features on the platform!

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.037
BTC 94320.05
ETH 3419.91
USDT 1.00
SBD 3.88