Guy Bradshaw – United Kingdom Sotheby’s International Realty
For many, a home overseas represents the essence of opulence and the hallmark of success. So it’s not a surprise that among society’s most affluent, so much of their collective wealth exists as real estate.
This trend is particularly prominent in the US—in 2022 alone, the number of overseas properties owned by Americans increased by 20%. Holding real estate abroad clearly has significant appeal for ultra-high-net-worth individuals, and here are six of the top considerations driving the demand.