New Zealand Real Estate

It’s not too late to invest in New Zealand even though the New Zealand Dollar has gained more than 10% on the U.S. Dollar over the last 30 days. The U.S. Dollar(USD) is predicted to continue losing ground to the New Zealand Dollar(NZD) for the next few years. You can protect your hard earned USD’s by investing in one of several foreign markets, gold, silver or maybe even oil. My favorite of these is foreign real estate, and my favorite place is in New Zealand. If you would have bought real estate there five years ago the property would have doubled or more in Queenstown, Auckland, Gisborne and several other areas. In that same time the NZD gained on the USD from 47 cents U.S. to 76 cents to buy a NZD. I believe there are still many deals to be had to where five years from now you will be happy to have bought property in New Zealand. Just last week I read in the NZ Property Magazine that two markets had doubled or tripled in the last three years. One of them on the North Island and the other on the South Island. Catching an emerging market is one of the best ways to profit in real estate and there are still emerging markets to catch in New Zealand.