In a world fraught with uncertainty, real estate-linked investment migration programs are emerging as a path to diversification for many investors. Investors are ditching risky bets like crypto and NFTs and rediscovering the timeless appeal of bricks and mortar.

For generations, high-net-worth individuals have understood the promise of real estate. It’s a reliable asset and a foundation for future growth. And in today’s challenging times, it’s more relevant than ever. As per Statista, the global real estate market is expected to reach the value of US$637.80tn by 2024, and the sector is anticipated to grow at an annual rate of 3.41% (CAGR 2024-2028), resulting in a market volume of US$729.40tn by 2028. Moreover, real estate offers potential capital growth and the valuable alternative residence or citizenship option, a crucial hedge against economic turmoil.

With some promising growth statistics, a reliable historical performance, and perceived resistance to inflation, real estate is anticipated to remain a popular asset class for individuals seeking to protect their wealth in the short term. While owning a piece of land, especially one tied to a residency or citizenship program is like having a haven in uncertain times, investors should scrutinize key markers like market trends, economic health, rental income, and future potential before diving into real estate. Let’s explore prime locations that tick all the boxes for discerning investors.

• Palm Beach, USA: This luxury haven boasts pristine beaches, world-class golf, and a booming economy. Its tax-friendly policies and robust property market growth make it a secure investment haven. Moreover, Florida’s high-end property market is still strong, attracting international buyers and weathering potential economic shifts in 2024. Analysts predict stable growth despite rising interest rates.
• Chelsea, Mayfair & Kensington, London: Despite market fluctuations, these iconic neighborhoods remain prime targets for investors seeking stability and prestige. Prime central London property prices have steadily grown, averaging 4.2% annually in the past decade.
• Sentosa, Singapore: This ‘State of Fun’ island offers exclusive properties with solid rental potential thanks to its strategic location, pristine beaches, and world-class attractions. Singapore’s robust economy and investor-friendly regulations make it a magnet for long-term value seekers. The real estate market in Singapore is expected to reach a projected value of US$ 2.04 trillion by 2024, with a surge in luxury condominium sales due to high demand from foreign investors.
• Palm Jumeirah, Dubai: This artificial marvel embodies luxury living with its opulent villas and proximity to top amenities. The year 2024 promises to be optimistic, anticipating stable growth between 3.5% and 5%, with factors such as technology enabling remote work, the rise of ‘work-cations,’ and the impact of the COVID-19 pandemic contributing to this growth.
• Phuket, Thailand: This tropical paradise offers diverse investment opportunities, from high-end villas to boutique resorts. Thailand’s real estate market is experiencing a surge in demand for luxury condominiums in popular tourist destinations. The overall market is set to witness a significant rise in value, reaching a projected amount of US$ 2.51 trillion by 2024.

Uncertain times call for steady ground. Dubai’s luxury market, Singapore’s investor-friendly regulations, and London’s prime central property offer stability and lasting value.

Nirbhay Handa
CEO, Multipolitan.

A promising future

Experts say the global real estate market will continue experiencing significant growth and development. Increasing demand for rental properties is emerging as a notable trend due to various factors such as changing demographics, lifestyle preferences, and the flexibility that renting offers. Customers are also seeking properties equipped with advanced technology and automation systems. Government policies, population growth, and economic factors also contribute to the positive trend in the market. Overall, this confluence of factors positions the market for continued and sustainable development.