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Whereas Brazil's government showed concern, Argentina's touted the news as a vindication of its contrarian wisdom.In Brazil Guido Mantega, the finance minister, announced a tax of 1.5% on foreigners' purchases of Brazilian treasury bonds to cool capital inflows and slow the steady appreciation of the currency, the real.
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Financials: Though local mortgages are becoming more readily available to foreigners, foreign purchase of Mexican residential property is typically done in all-cash American-dollar deals.
There are no restrictions on foreigners purchasing real estate in Cartagena.
BUYING BASICS For foreigners purchasing property in Moscow, "there are no restrictions, other than your pocketbook," said Bill Reichert, a partner in charge of the Moscow office at Haynes & Boone, an international law firm.
There are no restrictions on foreigners purchasing property in Japan, but most expats choose to rent.
Many expats and internationals rent in Singapore because of the restrictions on foreigners purchasing property, and the government has put further measures in place, such as additional taxes, to prevent a housing bubble.
Nearly 9percentt of all U.S. home purchases over the past year were by foreigners, and foreign purchases of U.S. homes have increased 24percentt over the past year, according to National Association of Realtors data cited by the WSJ.
The Namibian SAM has 32 commodity sectors, including three dummy sectors for own real estate services, direct foreign purchases by Namibians, and direct domestic purchases by foreigners.
Helpfully, no restrictions exist on foreign investors, and the Turkish lira is a fully convertible currency, aiding foreigners' stock purchases.
BUYING BASICS There are no restrictions on foreigners' property purchases.
Gil Colon, sales manager at the Villa Reale antique and furnishings shop, said his business was off a bit, and would be down more except for revenue from foreigners, whose purchases have jumped from 30percentt of his sales two years ago to 50percenttodayay.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com