Divanti International

Market News from Divanti

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Why buy global real estate or international real estate?

Buying real estate close to home might seem easy and comfortable, but it places limitations on your investment. Often, it takes years to find the right opportunity in your area, and even longer for the property to appreciate significantly. When you expand your market globally, you'll find that there's almost always an outstanding opportunity somewhere in the world. Broadened options mean less wait time, quicker appreciation and faster returns. But finding these choice investments requires the savvy and professional skill of a trustworthy real estate agent. Rely on Divanti International's intensive screening process to find a competent agent, and in turn, a rewarding investment.

How a foreign investment enriches lives

Diversifying your investments can add another layer of security to your portfolio. But for many buyers, a foreign investment isn't just a smart financial move – it's a life-enriching decision. With property abroad, you and your family come home to another country. Lodging plans are set, so you focus on the enlightening aspects of a new place: sampling local cuisine and chatting with people from a different culture - not searching for somewhere to stay.

With your new property, every vacation sparks a sense of connectedness across cultures. It also brings connectedness to your family: just escaping to a new place can strengthen relationships. College-aged children might even receive the priceless opportunity to live in an exhilarating place while attending university. On a global scale, visiting different cultures and places spreads tolerance, peace, and empathy.

A trusted resource

The world of real estate is ever-changing: markets rise and fall, tax laws change, and there's always a cutting edge tip. Stay on top of this mercurial topic here in the Divanti International blog. Here, trusted experts regularly share their wisdom on international travel, noteworthy real estate trends, smart travel tips, and a wealth of other issues related to international real estate. Visitors are encouraged to read the articles and share their comments so we can learn from one another.


Webinars a Success

March 11th, 2010

We’ve been excited by the interest and response to our webinars.  Over the last few weeks, in an effort to continue our pledge to help consumers, we’ve been offering helpful webinars on a variety of topics.  We’ve covered everything you need to know to invest in property overseas, areas for investment in Central America, areas to avoid for various reasons, how to find an ethical real estate agent, and much more.

Our next webinar will be about a specific area we love, Montana!  Specifically, we’ll be covering Bozeman and Big Sky, two popular areas just down the road from where our office is located.  They are areas known for their recreation, real estate values, beauty, and much more.  Bozeman is a city of about 50,000 people located at the base of a beautiful mountain range.  Big Sky, just down the road from Bozeman, is located on the mountain and is well known for its ski resorts and laid-back feel.  It is the home of the Yellowstone Club, an area of high-end homes with a number of celebrity owners.

We hope to talk about what makes these areas unique, their current real estate markets, specific “great buys,” and lots more.  This will be the first webinar we host with the help of one of our Divanti International agents.  We work hard to sort through all the available agents in any given area and to uncover the very best agent possible for our clients to work with.  So our Bozeman and Big Sky specialist will be joining us during the webinar to share what she loves about these areas and why you just might love them too!  If you’re interested in joining us for the webinar, you can use the link below to register, get webinar timing information, and to read a little more about the specific topics we’ll cover.  We hope you can join us!

Born in Brothels

March 4th, 2010

A friend shared something quite special with me this morning.  She sent me a link via Facebook about a non-profit group Born in Brothels.  I was simply fascinated by their mission and the pictures that the children had posted.  There is a corresponding documentary that won an Academy Award so perhaps many have already heard of this group but they were new to me.  I love the idea of taking a passion and turning it into something helpful for those in the greatest need around the world.  I was going to sum up what the group was all about, but decided that their Facebook group description says it better than I ever could so I’ve included it in this blog in its entirety.  I would encourage our readers to learn more about them, visit their site, watch their documentary, and consider what they could do to help the less fortunate in the world.

From Born in Brothels’ Facebook Page:

“In Calcutta’s red light district, over 7,000 women and girls work as prostitutes. Only one group has a lower standing: their children. Zana Briski became involved in the lives of these children in 1998 when she first began photographing prostitutes in Calcutta. Living in the brothels for months at a time, she quickly developed a relationship with many of the kids who, often terrorized and abused, were drawn to the rare human companionship she offered.

Fascinated by her camera, Zana thought it would be great to see the world through their eyes. It was at that moment that she had the idea of teaching photography to the children of prostitutes.

To do so would involve overcoming nearly insurmountable obstacles - brothel owners, pimps, police, local politicians, and organized crime syndicate.

Zana held weekly photography workshops between 2000 and 2003. There the children learned camera basics, lighting, composition, the development of point-of-view, editing, and sequencing for narrative. To Zana’s delight, equipped with inexpensive point-and-shoot 35mm cameras, the children produced incredible work. Their images are explosions of color: self-portraits, family pictures, street scenes, stunning tableaus of Bengali life.

In order to help more children from Calcutta’s red-light district, Kids with Cameras has been raising money to develop a safe home specifically for the children of prostitutes to provide an opportunity for them to learn, thrive and lead future generations.”

To learn more about the group, visit:  http://kids-with-cameras.org

Devastation in Chile

March 1st, 2010

This week my plan was to introduce you to the country of Chile. This morning the first of three posts, discussing the five regions of Chile, was scheduled to hit our website. I was away from TV, Internet and radio this weekend but did hear a little something about an earthquake off the coast. Not aware of the devastation, I was anxious to listen to the news this morning to learn more. I was saddened by the pictures and the rising death toll. The cities I had just discovered are a far cry from how I had described them in my writings. One week ago, before I began my study of this fascinating country, I would not have been able to pinpoint Concepcion or Curico on a map or understand the affect this tragedy has on these amazing cities.

My thoughts are with the people of Chile. I hope for a quick recovery and rebuilding so the people of the world can once again experience all Chile has to offer.

Off to Africa

February 26th, 2010

I received my itinerary for a trip I’m taking to Africa in April and I’m so excited.  The opportunity to tag along came up a bit unexpectedly.  There was a group going from my dad’s church in Seattle but they were already filled to capacity.  Then unexpectedly a number of things happened that both opened the way for me to join them and took care of the financial details to make it possible.

So now in only eight weeks I’ll be heading to South Africa on a humanitarian trip.  Given that it’s a high of 20 degrees here in Montana today, that prospect is excited for a few reasons!  We will be visiting both Johannesburg and Cape Town, with opportunities to stay with families in their homes along the way.  Our primary purpose for being there will be to visit the South Africa School for Girls which we support, but also to network and uncover resources there that could help our partners in other parts of the world.  In addition, we hope to learn about the needs of in Africa that our partners around the world can fill.  It’s really always about networking.  Connecting people together to help one another.

This is the same guiding principle behind Divanti International.  It’s really just a large network of trustworthy people helping one another as we bring our dreams to life.  Because I believe human connection is the most important resource we have in this world.  Without the help of others, dreams simply remain dreams, and countries remain in need.  But with the help of others, dreams can become reality, and countries can receive the assistance they need.  It’s all about people and about being honest and helpful.

So I look forward to this trip with great anticipation.  It’s a tremendous opportunity to expand my own horizons and view of the world, to meet other people, and to use what I learn to make Divanti International an even stronger company. And as I prepare to leave, if you’ve been to either location and have any tips for where I should visit and who I should meet, I’d love you to share them with me!  Our itinerary is busy, but there will be time to play, explore, meet, and soak everything in.  I want to make the most of it!

Webinars a Success!

February 25th, 2010

We hosted our first free webinar yesterday and it turned out great.  Our COO shared lots of tips and information about the benefits of investing in international property, but more importantly, shared some tips on how to avoid the all-too-common scams and pitfalls.  With international property investment gathering attention through the media and in t.v. shows like International House Hunters, these tips are invaluable to anyone looking outside their home country.

Tomorrow (February 26th) we host our second seminar, aimed specifically at investors.  People consider international property for a number of reasons, but there are some places that are better for those looking to simply invest for a profit.  This webinar will talk about areas in Central America in particular.  As Central America gains attention, it’s important to narrow down and focus in on the best places to invest.  The webinar will sort through the popular places, highlighting those that are viable options and those that really are too good to be true.  It will offer great information to get anyone started on their international investment search.

The webinar will begin at 10:00 AM MST.  To learn more about it, or to register for the class, click here.

If you’re unable to attend, but would like more information, we’re more than happy to talk through your specific needs as well.  You can give us a call, or drop us a note through our “Contact Us” section on our website.

Getting to Know Peru

February 25th, 2010

Part Three: Real Estate

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Real Estate Information:

*There is no legislation that restricts foreign ownership of properties in Peru.

*There is national property registration system. Any property you are thinking about purchasing should be researched through this system to ensure the property can be sold and does not have any undisclosed restrictions or encumbrances.

*Owners are subject to taxes on any property they sell or rent. Consulting with an attorney, prior to the purchase, to determine if you are eligible is a wise decision and may save you money.

*Any buyer must pay an Alcabala Tax which is typically 3% of the property’s value. All property owners must pay property taxes, Impuesto Predial, and local taxes, arbitrios. These amounts are based on the property’s value.

*There is a country-wide marketing system listing all properties for sale or rent. This is similar to the Multiple Listing Service (MLS) system we are familiar with in The United States. Real Estate agents pay a monthly fee to listing and review properties on the system.

 

The Real Estate Agent:

While researching the real estate purchase process I became much more interested in the information I discovered about the regulations on licensed real estate agents. I was surprised and fascinated to learn about the strict requirements to be an agent in Peru and the responsibilities they have.

*A person must have a real estate license in order to represent a buyer or a seller in a real estate transaction.

*Not everyone can become a real estate agent. Peru requires anyone who wants to purse real estate to be highly educated, have a license, and be strictly regulated by the government.

*A person can only receive a government issued real estate license after 200 hours of education, required continuing education, and a license renewal application every three years.

*Real estate agents in Peru may become a member of NAR (National Association of Realtors) which allows them to advertise as a Realtor. This also requires them to adhere to a strict code of ethics and be held accountable if he/she does not follow this code.

*Real Estate Agents are professionals familiar with the rules, regulations, and documentation necessary in order to complete a transaction.

*Agents are familiar with all properties available and can help you locate the property that suits all your wants and needs.

*Real estate agents also manage rentals. If you are considering investing in a rental property, an agent can help with the ins and outs of the rental market.

*It is wise for anyone considering a purchase to use an agent if though it is not mandatory. The purchasing process is an intense process, one which agents are very familiar. An agent is very familiar with the market and can provide you with valuable information about the current and fair prices for properties.

I welcome more information about the real estate process in Peru. I have a great understanding about the importance of an agent but would like to learn more about the actual process. I can be reached at tmatson@divantiinternational.com.

Getting to Know Peru

February 24th, 2010

Part Two: Vacation Destination

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Just a few tips if you are considering a trip to Peru.

*Peru has over 200 airports and miles of railway making travel to and around the country easy.

*A departure tax is required by all passengers at all airports. This is usually around US$30 for international flights and US$6 for domestic flights. This must be paid in cash.

*Always have your passport or a copy of it with you at all times. Make photocopies of all your important documents, such as your airline tickets, and keep them separate for the originals.

*Visas are not always required depending on your home country. Upon your arrival you will be given a tourist card which allows you to be in the country for 90 days. You will need this card when you depart or if you want to extend your stay.

*Spanish is the official language of Peru. English is not widely spoken and not always understood even at well-visited tourist destinations. It would be wise to learn a few phrases before you arrive.

*Do not drink any tap water and try to avoid any drinks that have ice, even at hotels.

*Guides can be found easily and reserved to help you navigate your excursion. If you are not comfortable with Spanish be sure to use a guide who speaks your language. Always finalize the price prior to leaving with the guide in order to avoid a scam.

*Generally it is safe to travel in Peru, but, like any other country it has its crime-filled areas. Know where they are located and be aware of your surroundings.

*Peru has established special tourist police forces that can be located in all major tourist cities. If you are in need of assistance, you are more likely to find a police officer who understands English within this force. Peru has also established a 24-hour travelers’ hotline.

*Before you arrive know where your country’s embassy is located. If you happen to need legal assistance while traveling, it would be best to contact an attorney through your embassy.

*Check with your local clinic well before you depart in order to receive the necessary immunizations needed while traveling. Even if you are not planning to visit the jungle getting all immunizations is important.

*Photographing certain objects, such as police stations or army posts, is off-limits. Be aware of what you are photographing or ask if you are not sure.   

Please feel free to share any experience you may have had while visiting Peru. First hand experiences are welcomed by our readers. Also, feel free to contact me at tmatson@divantiinternational.com. The final part, Part Three, will focus on real estate in Peru.

 

Getting to Know Peru

February 23rd, 2010

I research and read about a number of countries with great investment and retirement opportunities. Throughout my readings I have rarely stumbled across information about Peru. I recently began a quest to learn more about the history of this country, what it has to offer travelers, and any hidden investment opportunities.  I have prepared a three part post about these areas. Enjoy reading and feel free to share any information you have about Peru.

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 Part One: The History

*Peru, a South American country slightly smaller than the state of Alaska, is located between Ecuador and Chile on the Pacific Coast.

*The terrain varies from coastal plains to the west, the rugged peaks of the Andes in the center, and the Amazon jungle to the east. The temperature is just as varied with tropical climates along the coast, frigid temperatures in the Andes, and dry desert in the west.

*Ancient Peru was home to several dominant Andean civilizations, most famously the Incas. In the mid-1500s the Incan empire was captured by the Spanish. Peru did not declare its independence from Spain in 1824.

*After years of military rule Peru, the country returned to a democratic government in 1980. However, the opposition was not eliminated and the country continued to face opposition.

*After facing violent opposition and economic woes for many years, the government is finally starting to oversee an increase in the economy after the election of 2006. The country saw a moderate increase in the economy between the years 2002-06 and major increase in the years 2007-08. However the country’s economy was highly affected in 2009 and the increase was the lowest for many years.

*The number of people living in poverty remains extremely high in Peru. The infrastructure is very poor and does not allow inhabitants outside of the cities to participate in the economic growth.

*Peru is known for its natural resources such as gold, silver, copper, timber, and fish, just to name a few. However, it is also known for supplying a large amount of cocaine to countries in Europe, Africa, and South America. Peru is the second largest producer of the coca leaf and the second largest producer of pure cocaine. Due to its location on the Pacific, shipping is easy. Penalties for visitors in possession of, using, or smuggling illegal drugs are very strict.

I welcome any additional information you would like to share about this country.  Please feel free to post your comment about what you have read or contact me at tmatson@divantiinternational.com. Next to come, Part Two: Vacation Destination.

New Relocation Service at Divanti International

February 19th, 2010

If you work for a large company with offices spread across the country, or even the world, you may have some experience with corporate relocation.  In this circumstance, nearly every detail of your move is paid for and coordinated by your company, or partner companies that specialize in relocations.  Often you’re given a budget for moving expenses, guides to show you around, packets of information detailing everything from the local school system to the best moving companies in the area, and a number of hands to hold all along the way.  While transferring is never easy, this does make it easier.  Or at least I suspect it does.

I’ve never experienced a corporate relocation even though I’ve moved frequently.  Instead, like much of the world, a job or an area catches my attention, and I explore the possibility of moving - without help or financial assistance.  The burden of learning about the particulars of the area; finding housing; hiring movers; uncovering local clubs, churches, or organizations to join; discovering the best places to eat or shop; and so much more all rests on my shoulders.  It’s a daunting task.  It’s also one of the main reasons so many people are afraid to pull up their roots and chase a dream or an opportunity, it’s simply too overwhelming.

In our quest to add to Divanti International’s expanding list of consumer services, we’re adding relocation assistance for the common buyer.   We feel everyone deserves the help that corporate transferees receive from their companies, and since we have the desire and the knowledge needed to help, we’re ready to do so.  If the overwhelming nature of moving and the corresponding details is preventing you from chasing your dream, we want to help facilitate your transition.  We tackle everything on your “to-do” and your “I need to know about” lists so your path is free and your questions and concerns are answered.  If you’re thinking about relocating to a new city within your state, another state across the country, or even another country on the other side of the world, we’re ready to help you.  To learn more about the specifics of our relocation services, contact us through our website or send an email to our COO, Tanya Matson at tmatson@divantiinternational.com.

Interested in International Investment? Attend Our Free Webinars

February 18th, 2010

If you follow our blog articles, we hope you’ve started to understand our commitment to customer service.  We try to put the customer and his/her needs at the center of every decision we make and every service we offer.  In an effort to help consumers and investors worldwide, we will be offering a couple of free webinars next week.  These short seminars will cover interesting topics related to investing overseas, and will provide consumers with a number of tips should they want to investigate and navigate the process themselves.  They will also allow time for specific questions and answers with our presenter and COO, Tanya Matson.

Our first webinar will be Wednesday February 24th at 10:00 A.M. MST and will cover some of what we know about the challenges and benefits of buying property overseas.  It’s designed to be a snapshot of the overall international picture - an overview of the surprising benefits of investing outside your home country, and tips for avoiding the pitfalls and challenges that arise as well.  We will help consumers determine their interest and aptitude for international investing by answering the most frequently asked questions and will give buyers a toolkit of helpful tips they can use.

The second free webinar will be Friday February 26th at 10:00 A.M. MST and will be full of specific investment ideas.  If you’re interested in the idea of owning international property but have no idea where to start, this class will help.  We will discuss up-and-coming areas generating buzz among foreign investors, as well as areas and countries to avoid.  In particular, this webinar will profile the countries of Central America, outlining both areas to consider and the reasons why we think they could be good opportunities for you.

At Divanti International we simply love to help.  Each day we put our skills, knowledge, and expertise to their best use:   helping real estate consumers.  If we can help make your dream come true by sharing what we know, we’re happy to do so.  If you’re interested in attending the webinar and would like information about how to register, simply drop us a note through the contact us section of our website and we’ll send you more details.