In the World Investment Report 2020, officials believe that the COVID-19 epidemic will greatly affect foreign investment, especially in developing countries. However, with the epidemic gradually under control, the real estate market began to rebound in some quarters.
Let's take a look at how these four countries achieved rapid growth after the epidemic and attracted a large number of investors to invest.
Thailand attracted 39.8 million international tourists for sightseeing in 2019, and it is the most developed country in Southeast Asia that attracts the most tourism. Tourism also accounts for a great part of Thailand's GDP, so it also has the reputation of "the heart of Southeast Asia".
Affected by the epidemic, the number of tourists in Thailand has dropped significantly, which has dealt a heavy blow to the Thai economy. In the months since the outbreak of the epidemic, the unemployment rate of working-class informal employees and migrant workers related to local tourism has remained high.
In order to solve this economic problem, the local government also issued a series of related policies to alleviate the impact of the COVID-19 epidemic on the country's economy. The Thai authorities regard the economic crisis as a great opportunity to transform into digital innovation and adjust the local tourist attractions to high-end tourist sites with low adult flow density.
In addition, in view of the trade between Thailand and ASEAN countries and the government's support for foreign investors, experts predict that Thailand's economy will recover strongly after the epidemic.
Although it is still in the epidemic period, the real estate market in Thailand is still very active, and local people are still buying newly developed real estate projects. Experts predict that after the epidemic is under control, Bangkok will usher in huge market growth, so they are generally more confident about the local economic recovery in the future.
Now Thailand has reopened to the outside world, and the local tourism economy and foreign investment will be rapidly restored. With the revitalization of the tourism industry, experts predict that there will be a substantial increase in demand in the leasing market, especially for short-term leasing, such as Airbnb.
The way the Australian government controlled the epidemic effectively helped the country's economy to achieve a rapid rebound. Since the epidemic began to rage in the local area, the Australian government has quickly taken corresponding measures to reduce the infection and spread of the virus.
On the economic front, in order to make local enterprises survive and develop in difficult times, the government has also launched a variety of economic stimulus programs to stabilize the national economy and weather the crisis.
As one of several multicultural countries in the world, Australia can make use of this to establish strong trade relations with markets around the world. Australia is also one of the most trade-friendly countries in the world, and it provides a good environment for individuals to start businesses, invest or enjoy life.
Australia's anti-epidemic performance is outstanding, the epidemic situation is well controlled and the infection rate is low. Therefore, when the epidemic is reopened, the local market will recover faster, and the overall economic and social situation will be more optimistic compared with other countries.
Stable investment can often bring more security to investors. From the anti-epidemic performance of the Australian government, it can be seen that Australia is a stable country with abundant opportunities for development and growth at the economic level.
Australia's real estate market has not been affected by the epidemic, but on the contrary, foreigners still choose to buy real estate locally because of studying abroad or immigration
Experts judge that once the Australian government opens its borders to international students, the housing rental market around universities and colleges will be on the rise. At the same time, the influx of new immigrants will also push up the real estate market and make it rise.
Based on the factors of Dubai's rapid development and almost no taxation, has always been regarded as an ideal place to invest in real estate .
According to the data provided by Bloomberg's vaccine tracking system, the United Arab Emirates is one of the countries with the highest vaccination rate in the world . Judging from this data, the local area will soon open to the outside world and its economy will recover rapidly.
In the United Arab Emirates, there are 199 doses of vaccine for every 100 people, ranking second in the world. Source: Bloomberg
Dubai World Expo will become a key project for the government to open the Middle East door to foreign investors. The successful hosting of the World Expo will attract more foreign investment, thus bridging the international community and making Dubai the center of international trade.
Foreigners living in Dubai account for 80% of the local population, so the local real estate market will inevitably be affected during the epidemic, especially the residential rental market. This is because many local foreigners have chosen to return to their homeland at this node, and the number of tourists visiting Dubai has also decreased a lot during this period.
Under the influence of the epidemic, Dubai's real estate projects still rank among the top in the world. These projects usually bring high return on investment, especially after price adjustment. Experts predict that the local real estate market will pick up rapidly and show strong and positive appreciation after the epidemic situation improves and the Dubai World Expo is over.
Thanks to the multilingual communication environment and low cost of living, Malaysia has always been regarded as a popular country for tourism and investment. The spread of Covid-19 also happens to provide a good opportunity for foreign capital inflow.
In order to cope with the impact of the epidemic on the country, the Malaysian government announced a series of economic stimulus plans during the epidemic, and this plan and related policies are very beneficial for foreign investors to start businesses locally or expand their business to Malaysia.
Seeing that the Malaysian market is growing, many European and American companies think that Malaysia is one of the countries worthy of development and investment.
As mentioned above, the local multicultural features have made Malaysia attract about 25 million inbound tourists every year for the past 10 years.
In addition, Malaysia is also one of the Asian countries with the easiest business registration procedure and lower management cost. Therefore, experts predict that after the epidemic is under control, the inflow of foreign capital and investment in the commercial market will increase.
From the perspective of business and tourism, the impact of the epidemic on Malaysia is only temporary. I believe Malaysia's prospects in the next few years after the epidemic is under control are optimistic and positive. The construction and implementation of the follow-up "the belt and road initiative" plan will bring more advantages and benefits to Malaysia in particular.
The infection and spread of COVID-19 epidemic undoubtedly brought great impact to the economic development of various countries, but the real estate market was not frustrated, and the real estate market and house prices in some countries took advantage of this opportunity to rise substantially.
Therefore, if you have a good eye and can find the right time to invest in the right real estate, it will be a good time to invest during the epidemic.
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