By Jason Craig, President of The Entrust Group
The Spanish real estate market, hit hard by the financial crisis, is now what one analyst calls “a two-speed market.” In many locations, prices have bottomed out and are rising, while other areas may still have room to fall further. When you match attractive prices with the growing interest among many Americans in retiring outside of the U.S., you have a promising opportunity for real estate agents.
When I recently met with real estate delegates from Spain, many did not know that Americans can use their tax-advantaged retirement funds to invest in offshore real estate. They had a lot of questions about how to use Real Estate IRAs as a strategy to grow their business. They definitely saw the potential to sell more to their existing client base of American investors.
Head over to RISMedia to continue!