The world has changed a lot since we launched the 2nd edition of this book in 2012 with an overview regarding Investments in Real Estate all over the world.
In recent years the world has faced some difficult situations not only in the political, but the economic world. We face a crisis in the EU with the never-ending Brexit discussion over the last two years. Some important political leaders, both inside and outside of the EU, seem to lack the ability to carefully listen to others or take diverse views into account and sacrifice compromise and “win-win” solutions on the altar of egoism. Such attitudes jeopardize not only the political but the economic relationships between countries, and disrupt the balance needed for good relations over the long term.
In these times it is very important to have personal contacts and friends in the world you really can trust, who are familiar with the laws in their area. Our Legalink network, which is grown internationally over the last 25 years, is exactly what is needed these days, because our prominent experts in the network know each other personally from attending at least two meetings a year. At our conferences, therefore, we meet as friends, and not just as lawyers.
In uncertain political times many people look to diversify their investments into safe havens, but still want something more than the interest banks pay on simple monetary investments, which do not even keep pace with the inflation rates in most countries. Therefore, in addition to investments in the stock markets, we see not only in Germany, but in other stable economies throughout the world, substantial investment in real estate, with accompanying increases in prices. Such price increases, however, while seemingly rewarding the investor, make it more necessary than ever before to carefully evaluate the long-term viability of investments in the real estate market, keeping in mind that history shows that if investments are professionally reviewed and professionally executed, then most are ultimately successful.
We are very happy to have in our growing Legalink network, which has more than 3000 lawyers in about 70 independent law firms located in most business centers on all five continents, recognized experts in the field of real estate acquisition and finance. These lawyers are ready to advise and assist investors in all aspects of investments and transactions involving residential and commercial real estate, and all other real property issues, as well.
From working together on cross-border projects in our network and in discussions with our clients, we found that many of them, as well as other potential investors, would like to receive an introduction to the rules governing investing in real estate throughout the world, as well as other aspects that have to be taken into account in real estate transactions. In this 3rd edition of our book we are pleased to give potential investors a first overview of various factors which must be considered when investing in residential or commercial real estate in many countries of the world in which they might be interested. Of course, every single transaction is unique and the laws and tax aspects of it must be reviewed in detail by specialists.
You will find contact data of the firms within this book and on the website of our Legalink network (www. Legalink.ch). All firms are pleased to assist in this field and will give you professional advice.
If you require a cross-border analysis of diverse law aspects, a joint effort to facilitate a cross-border transaction, or if you have any questions concerning how our network can get you the most advantageous solutions for investments in commercial real estate, please do not hesitate to contact us. We will be happy to refer you to the specialists of our network who can best assist you in your case.
Berlin, October 2019
Markus Jakoby
Berlin, Germany