Given Boston’s booming real estate market, it is no surprise that Boston has been ranked the third most sought after city for foreign real estate investors. According to a survey conducted by the Association of Foreign Investors in Real Estate, Boston has jumped to third from its fifth place position last year, beating out Seattle and San Francisco, and coming in behind only to New York and Los Angeles. In fact, the Boston Herald reports that 95% of those surveyed have indicated that they plan to invest even more in the country’s top cities, which signals continued growth in an already strong Boston real estate market.
Boston’s rich history and international appeal make it the perfect place for foreign real estate investors. At WDA, we have worked with many international clients and have been able to guide them through every step of the process. Through our vast local ties, we have been able to provide our clients with great local connections. Many of us here in the office are even fluent in other languages including Spanish, Italian, and German, furthering the aid we are able to provide our clients through the new process of investing in the United States. If you or someone you know is a foreign investor wishing to get into the hot Boston real estate market while you can, give us a call, we’d love to help.
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Attorney Arielle Mullaney