Homes as "Opportunity Gateways" for the Ultra Wealthy; Sales Increase for Investment Diversification and Citizenship or Foreign Residency

As Featured in PRWebUniversity Chronicle, & Benzinga

Written by PRWire

Image Courtesy of Sotheby's International Realty Affiliates

A press release from August 14th reads, "Realogics Sotheby's International Realty (RSIR) announced today that an increasing number of international ultra-high net worth (UHNW) individuals are purchasing homes as 'opportunity gateways'" and says that "while Sydney and Vancouver offer property values significantly less expensive than London or New York, the Seattle area represents a desirable alternative option to those looking in Vancouver, garnering much buyer interest as of late. 'We are a market on the rise by virtue of our proximity and relative affordability' said Dean Jones, President and CEO of RSIR. 'The Seattle/Bellevue metro area is on the map overseas, particularly in mainland China. Global citizenship isn’t a trend – it’s a movement and local real estate brokerages are evolving to respond to this emerging demand.'”