Real Estate In Shithole Countries

[Anonymous No.17001872]

GDP growth in shitholes is expected (and is) outperforming growth in usa and western euro countries. So why not invest in real estate there? If you have capital, you can acquire much more, with much less capital and you will get more capital growth than in developed countries.
Am I missing something? Maybe it's time to stop buying shitcoins and start buying up shitholes?

[Anonymous No.17001887]

well yeah, but be carefull, they are not shitholes for nothing.

[Digital Asset Investor No.17001896]

>>17001872
What are the regulations around buying property without being a citizen of whatever shithole country?

[Anonymous No.17001897]

meaby try brasil

[Anonymous No.17001909]

>>17001896
Probably doable but you'll have to pay out the ass in bribes and shell companies

[Anonymous No.17001913]

>>17001872
It’s a good premise. Often with shitholes how ever the government likes to step in and say ok my property now and ya zero compensation.
>many shitholes only let locals buy also no foreigners

[Anonymous No.17001918]

>>17001896
Depends on the country
https://www.doingbusiness.org/en/rankings

[Anonymous No.17001944]

Being far from your real estate is pretty hard as a beginner. It’s harder to find people to rent to, hard to find a good price etc

[Anonymous No.17001999]

>>17001944
I am fine with moving to the country I plan to invest in, living costs are also lower which means I will be able to invest more.

[Anonymous No.17002008]

>>17001872
You need a blockchain to tell the world that that is, indeed, your land.

Otherwise, good luck with your investments in Africa when you’re gone for 2 months and return to a village growing yams and murdering children for the witch doctor on your property.

Also, remember to enjoy the resplendent infrastructure while there.

Biz is so full of narrow-sighted retards nowadays.

You achieve financial return in a place like this, you need to have a very good plan as to how you’re going to increase the value of your land while also not displeasing the locals. Most people garnering these returns are African billionaires that are starting huge oil, mineral, etc conglomerates. Or did you think that you can just buy a plot of land and sell it to some idiot in 2 years for 20% profit without doing shit to it?

[Anonymous No.17002024]

>>17001872
You need a state to guarantee your property, i have doubts about most of the "shitholes" countries states ability to guarantee this.
even if they are currently able to, then it is not given they will be able to in the future.

If you want to buy property or land, do it in Eastern Europe - EU only.

[Anonymous No.17002043]

>>17001872
The Chinks bought literally all the houses in Athens

notbad,I like the chinks
they help us pay denbts

[Anonymous No.17002047]

>>17001999
Look up people like Aliko Dangote, and until you have that kind of education and understanding about a place, don’t get too deep into whatever your lack of an endeavor is.

[Anonymous No.17002060]

btw Athens stock exchange outperformed every other last year, almost 100%up

check it out if you like money

other recommendations:hungary, poland, thailand, philipines

[Anonymous No.17002117]

>>17002060
ChainLink has a higher volume than ATHEX. Good luck enticing people who “like money.” ATHEX is more for people who are cool with only being able to withdraw $66 per day from their bank account.

[Anonymous No.17002136]

>>17002008
Where does anyone care what a blockchain says? Also when I say shithole I mean developing economies like Poland, Estonia, Hungary, Thailand etc. Not a village in Africa.
>>17002024
Good point. But I am fine with high risk investments (I've traded shitcoins for the past 3 years). I guess you can consider the extra profits you get from investing in these countries a risk premium.
>>17002043
They buy all the houses everywhere
>>17002047
Thanks I'll take a look

[Anonymous No.17002159]

>>17002117
It still has room for a great ROI, take it or leave it my dude. Developing markets will at some point develop, athex is still close to its atl. All my friends made over 50% last year.
No use comparing it to crypto, stocks are a different kind of investement.

[Anonymous No.17002200]

>>17001999
OP I like your idea, but there is a lot of processes involved before you can just move to a country and live there. Unless you are an EU national and plan to buy a property in an EU country. Which is life on easy mode, lucky European bastards.

Still, how would you make money while living in said country?

[Anonymous No.17002255]

>>17002200
The goal would be to live off the rental income. But I am also a software developer so I can earn doing this as well. Also I'm British so soon I won't be EU lol

[Anonymous No.17002432]

Because at any moment some generalissimo can come in and "buy" your land off you for pennies on the dollar because it's needed in the national interest, but hey the glorious Republic of Arstotzka thanks you for your heroic sacrifice so a mall 90% owned by the brother of said generalissimo can get built

[Anonymous No.17002691]

>>17002024
What about Ukraine?

[Anonymous No.17002922]

>>17002060
Coz scamy Chinese skew every financial number or trade, even when they live in Athens

[Anonymous No.17002994]

>>17001872
Part of being a shithole country is the fact that unless you are sitting on your land with the means to defend it, it isn't really your land. Also youre betting on enough stability that there won't be any regime change that affects how everything is divied up or void existing property rights.

[Anonymous No.17003006]

Look up FII's in Brazil
We are about to enter a good cycle to invest in construction and real estate
You should buy now since its finally having a correction after basically a year going up

[Anonymous No.17003070]

>imagine not investing in the most booming economic regions of the world, namely Asia and Africa, and missing out on huge gains.

[Anonymous No.17003127]

>>17001872
GDP growth %age != GDP net growth.

for you to go from 1 to 2, will be a lot easier than to go from 1mill to 1.2mill, but look at the percentage growth...

[Anonymous No.17003166]

>>17003070
Africa's growth is basically china's donation. be fooled by it if you want (lived in west africa 10years and still do, situation is stable but built on tinders..)

As for Asia do no think you will arrive like some sort of coloniser, real estate is overpriced there in the first place and to make money you need to think like a chinese (yes chinese, not a local in the country) as they hold most capital in most of their sphere of influence. (not mainlanders, just the local diaspora)

[Anonymous No.17003349]

Playing slumlord in a crooked shithole all by yourself will get you killed. You will die violently. The authorities will pretend that they've never heard of you when your family and friends call after weeks of not hearing from you. Stop.

[Anonymous No.17003979]

>>17003006
>Look up FII's in Brazil
>We are about to enter a good cycle to invest in construction and real estate

lol you must be joking, right? investing in real estate is much better than those shitty FIIs. unless you care about muh liquidity

[Anonymous No.17003998]

>>17003166
Red pill me on burger venture capitalism in glorious nippon