WEALTH CREATION: Is Investing in Property abroad still a great investment choice

Mark Peason his the CEO of Barron&Cabot -Buying property abroad – it's easier than you think Baron and Cabot, a UK-based Property Company, is helping Africans to acquire property in the U.K with low-interest rates. South Africa’s, Kenya’s, Nigeria’s and Ghana’s middle class and business people have turned to the U.K to buy houses for rent out, mostly due to the high inflation in the countries, which has made acquiring Real Estate property very expensive and mortgage rates very high. As of 2022, rising inflation has become a shared trend in Africa. Global supply disruptions caused by the COVID-19 pandemic and Russia’s invasion of Ukraine are some of the major factors responsible for inflation. Prices are set to rise even further, as Russia and Ukraine are major wheat suppliers to many African countries. Benin, for example, imports all its wheat from Russia, while imports to Somalia originated almost solely from Russia and Ukraine.