I wish I'd bought it! JR.... buy all the waterfront you can afford. Trust me on this one. It never fails.
As I said.... put every penny you can into Oceanfront. I don't give a F where its at. 10,000% right on this one.
What about the rising sea level? And again... it's in woop woop... it will take me 10 hours to get there... and it's 3 hours away from Melbourne. That's too far away from anything mate, I need to be able to get to a decent city within 2 hours. Or get my heli-licence...
Hmm... I'm not buying into the whole Australian property investing craze... and I doubt there's much interest in woop woop. I've got my house, which is more than enough for me. I might buy another apartment in Sydney when that comes down in a few years. PS. I think we're screwing up this thread @vanzandt, sorry @Banjo
You will NEVER lose money buying oceanfront land that can be built on. I don't care where it is. 3 years from now this "woop woop" will be going for AT LEAST double that 45K. An apartment in Sidney will appreciate like the S&P at best. Perhaps a bit more. Or... it could tank if you buy it at a peak like Dealmaker is posting regarding SF real-estate. Trust me.... Oceanfront is better than gold.
Thanks Jack, same website I checked but not exactly the same page, the visa below seems to be still open to new applicants, the part about needing to be invited at first looks like an issue but it seems one can just apply for an invitation, no idea invitations are hard to get. Business Innovation and Investment (Provisional) visa (subclass 188)
Quebec sure has a good reputation among french, but top destination for french millionaires should be UK, Belgium, Switzerland and Israel, Netanyahu created quite an uproar in a recent visit to Paris after a bunch of people were killed in a kosher supermarket inviting all french jews to move to israel, I can understand them leaving . Canada as well as Australia used to get lots of chinese immigrants, I read that canada made the process more difficult or completely cancelled the investor program so not sure who is moving there right now.