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  • Profile photo of kunuwekunuwe
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    @kunuwe
    Join Date: 2007
    Post Count: 2
    March 18, 2007 - 4:37 am

    Hi Terrry and Julie,

    Do apprecaite your reponds.

    Firstly I’m trying to buy properties in developing pacific countries.

    Basically, I’m trying to capitalise on the strong Aussie Dollar against them. In otherwords, you get to buy 2 or 3 times more with the same dollar in here.(In otherwords A$400,000 can snatch up to a million dollar building)
    Overtime when (5 years..from my research) thier local currency peaks up, I basically enter Australia again with a bigger buying power. It is a high a risk, but I have lived, grown up and work around them, and have a very good understanding of I would say everything.

    If there is no institution that can facilitate this, I guess we have to use our own savings.

    Let me know your thoughts.

    Thanks in advance
    Kunuwe

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