Does anyone have any info re The World and if it is worth investing in? How do you see the potential appreciation in the next few years etc?
Absolutely right. I should have explained moreWhat exactly were you thinking of investing in? I worked on a large part of it and to say you're thinking of investing is too broad.
Not really. Most countries are made up of islands (Australia is about 30) and some are being sold off seperately, it's a while since I worked on it but there was also a rumour that some islands and countries would be morphed into continent type masses.I may be mistaken, but I thought the concept of The World was that you buy a specific 'country' .
I can advise you to invest in Dubai.Now will try to explain why: Dubai has no taxes of any kind when purchasing a property in the emirate. Dubai also benefits from no business taxes, except in the banking industry.When buying off-plan property in Dubai, there is a choice of financing options available. Finance can take the form of a standard home loan of up to 70% of the property purchase price; alternatively the developers themselves may offer a lengthy repayment plan as a purchase option. These packages come at competitive rates and add the convenience of fixed monthly repayments over anything from 5 to 15 years.Purchasers are not required to have a UAE bank account to purchase in Dubai.With an escrow account you have the assurance, security and safety that your monies are protected by an impartial third party.All Select Property developments in Dubai have a secure Escrow Account