The United Kingdom (UK) is the sixth largest national economy in the world. It has the world’s largest financial center close to New York. In fact, London, one of the largest cities in the world has the highest city gross domestic product (GDP) in Europe. This makes the UK a very important financial hub for international investors.
The London is the third largest stock exchange in the world and has market capitalization of over $6 trillion. Around 3,000 companies from over 60 countries are listed on the exchange including China, Africa, Latin America, Asia and Europe.
Benefits Investing in the UK
Some benefits of investing in the UK are:
If you are looking at investing in an overseas residential vacation property you have the option of renting it out as a vacation home. An advantage that you can get from doing so is that on days when no one is renting out your property, you and your family can enjoy a great holiday in the UK in your own home! Property purchased in prime UK real estate markets is an excellent choice of earning a passive income from your investment.
In comparison with shares, stocks and other assets that tend to easily fluctuate in value choosing to invest in Real Estate has been seen as a more stable long term investment option. Even with the rise and fall of the economy, property investment in the UK has been attractive because global demand has seen a constant increasing trend over the long term.
The real estate market in the UK has been quite good and stable. You should always be wary about investing your money in a country with problematic economic conditions. The financial status of the whole of the UK has been extremely resilient which makes it an excellent choice for foreign investment.