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February 1st, 2008

Foreign Investors Strategy

Should we start polishing up on our Japanese? How about learning how to speak Canadian?  We have fielded more calls in the last several months from foreign investors looking to buy in Hawaii (US) since the dollar has weakened.  This article regarding a weakening dollar as a gain for foreign invesotrs in the Honolulu Advertiser brought it to my attention to address the issue. 

Australian, Canadian and European currencies have risen sharply in recent months to give real estate investors from those countries their strongest buying power in more than a decade.

In addition, though Japan’s currency has been stronger in recent years, a rise in the yen is making Hawai’i attractive again for Japanese, who historically have been the dominant foreign force in local real estate acquisition.

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Posted by scott on February 1st, 2008 in Real Estate, Economic Info |

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