With US Marketing Cooling, Real Estate Investors Should Look To The Caribbean

While last few years have seen an unprecedented expansion in US real estate markets, recent signs suggest that the air is beginning to leak out of the property bubble. Mortgage rates are rising and the average time to sell a home is increasing as well. With the US marketing slowing, it's a good time for real estate investors to look outside the United States for opportunities. One such opportunity is in the Caribbean. Investment in island vacation homes can be a shelter from a possibly stormy US real estate market. What to Look For Before investing in Caribbean real estate (or any overseas property, for that matter), you should weigh a number of factors that affect property values and the ease with which you can invest. In most cases these issues are minor and can be solved with the help of a local realtor, but you should be aware of them all the same. Local Property Laws You should first know the local laws regarding the purchase of land by foreigners. In some countries you cannot purchase property without forming a local corporation. Other countries have more lenient regulations. In Honduras, for example, you can purchase up to