So the talk of the Euro spiraling out of control and advertising that with this huge economic uncertainty that Canada being one of the world’s most stable economy’s banking systems that work and currencies that are stable it seems like that is where you can preserve your wealth in a safe and secure country.
The issue arises on the fact that as long as you have liquid cash or access to it, where will you get an excellent return, get a return quickly and invest for the long term.
With the African breadbasket concept becoming a reality with South African farmers moving into the DRC, Mozambique and elsewhere – does this represent safe havens? I think not. It does however represent a quick turn for your investment.
Take South Africa as a an example – the ZAR or South African Rand is trading at such an attractive rate and investing your Canadian $100,000 into an awesome ZAR 887,581 affords you an investment into a 2 bed roomed apartment that will give you a rental income of about ZAR 6,000 per month plus all extras paid for by the tenant.
You could as a foreign investor raise a 50% mortgage at 8.5% on the property with the rental covering the mortgage plus change. Even in bad times you will get your ZAR 887,581 increasing by 5% per annum and growing and because South Africa is an Exchange Control regulated country by using a Buyers Consultant you will:
Transfer your money to South Africa FREE of transfer costs or send your money from Canada
Have your own Investment bank account opened with South Africa’s leading Private Bank where you earn excellent interest
Have your own Private banker, Manager of your apartment/investment and someone who looks after your interest, wherever you are.
Investing into South Africa with the exchange rate set to remain in this state for a while, makes it a clear great move to turn your Dollar.
