You are here: Shelter Offshore Home Page
Saturday, October 11th, 2008
You are here: Shelter Offshore Home Page
Saturday, October 11th, 2008
Because there has been a serious downturn in the amount of construction being done in Ireland, it is estimated that by the end of next year around 65,400 construction workers could lose their jobs. As a result of this fact and due to rising unemployment in Ireland already, the Irish state training agency has begun suggesting that those in the construction industry actively think about going abroad to find work.
The likelihood is that a similar situation will arise in the UK, with many homebuilders already downscaling their plans for the near term. As fewer buyers come to the market and there is ultimately less demand for property in the UK – as is the case in Ireland already – it seems probable that greater numbers of construction workers will find themselves out of a job for at least the short-term.
If you’re in the building industry and you’re concerned about your financial and employment future, in this article we’ll look at how you can begin preparing for a construction job abroad if you do ultimately decide to expatriate – even temporarily – to find a job.
We cannot say that we are at all surprised by the latest findings from AXA and HSBC relating to expatriate trends. AXA has predicted a rise in the numbers of us leaving UK in search of a better, more affordable life abroad, whilst HSBC has revealed that apparently UK is considered one of the worst places in the world for expats from other nations to raise their children.
The facts, statistics and opinions really do speak for themselves, and we shall analyse them in depth in a moment; but in the meantime we thought we would raise the main issue that perhaps would-be expatriates should be thinking of before they flee the UK. I.e., not everywhere in the world offers one a more affordable cost of living or a more stable economic climate for that matter.
So if you’re thinking of moving abroad, make sure you are realistic about your expectations of your new life. We at Shelter Offshore do believe that the record rise in Brits expatriating that has been expertly predicted by AXA is an accurate prediction. We can tell from the numbers of enquiries we receive that interest in relocation is active and uppermost in more people’s minds, but it is imperative that Britons are well versed in the realities of their chosen new life before they relocate.
There has been very little positive news bandied about in relation to the property market in Bulgaria of late – where there has been anything remotely optimistic written it has been in relation to Bulgaria’s ski resorts and the properties therein, which are still in demand from rental tenants and will likely remain so as long as Bulgaria keeps its feet on the ground and remains a cheap ski destination.
Coastal property in Bulgaria has been all but written off by the British press as being a bad investment and not worth the levs that people have paid for it – but some interesting new facts have come to light that suggest there is life in Bulgaria’s summer resorts after all, and that we have just all been looking in the wrong place for it.
There is sustained and consistent Russian interest in property in Bulgaria on the coast and in the interior and so today we’re asking, are Russian’s saving Bulgaria’s property market? If you already own a property in Bulgaria and you’re wondering what to do with it, whether you can sell it today and cut your losses, whether it will rent and if it will ever turn a profit, read on!
Bailout plans, Leninist style nationalisation and billion upon billion of tax payers’ money have so far failed to gain any investor confidence in the markets. Wall Street’s massive sell off on Thursday night followed by a free falling Nikkei sent investors seeking wealth protection into the safe haven of gold investment.
Spot gold rose $2.50 at $9.14 an ounce before New York’s notional close at 21:15 GMT.
“Investors only concentrate on gold. Stock prices and other commodities are not so good,” said Yukuji Sonoda, precious metals analyst at Daiichi Commodities in Tokyo.
Let’s get all mafia references out of the way from the outset - there are going to be no cons, or even pros for that matter, relating to buying property in Sicily that have anything to do with the Italian mafia! Okay, that said, what are the pros and cons of buying Italian property in Sicily?
Well, the market is blessed with stunning real estate opportunities framed by a backdrop of exquisite scenery, an excellent climate and a very attractive way of life, but then prices for property on the island are not cheap and neither are building costs if you need to renovate.
But looking past the cons, there really are still plenty of reasons to look more closely at Sicily if you’re after a home abroad for your own personal use, with perhaps a little bit of rental income on top. In this article we’ll try and present a full and balanced picture of the property scene in Sicily so that you can make your own mind up about the location.
Copyright © 2004-2008 ShelterOffshore.com. All rights reserved. | About Us | Help and Contact Us | Privacy Policy | RSS 
| Site Index
Channels: Living Abroad | Property Abroad | Health Abroad | Offshore Investment | Gold Investment