Amman, Jordan rated 4th highest ROI worldwide

[Erik Pilon]

My home country's (Canada) cash-on-cash ROI's not going to cut it for me.... taxes are too high as well labor.

On top of that, I feel like I’m romanticizing the West to invest by default, by tradition. There’s a global shift of superpowers happening where the East will become the new place to be. All expected growth and megacities for 2030 - 2050 are all happening in the East. I think there was 1 western city on the list.

I have the globe to look into, and saw this website:

https://www.globalpropertyguide.com/investment-rating

Based on the ratings, Jordan could be the place for me to look into. It's the 4th on the list for the highest ROI. Was wondering if anyone had comments on the reliability of this website and if you knew about it.

As a plus from me though, parents-in-law already invest in land and rental properties there from distance. So I wouldn’t be just jumping into an unknown.

[Mike Lambert]

The first step is to the in-house research in order to determine if there are opportunities in the area at the macro and micro level. It's easier for me because 1) I have a friend who travels the world to find the best locations and I can piggy back on that and 2) I focus on popular places and it is therefore much easier to do research.

The second step is to find the best local contacts and organize a field trip. Ask plenty of questions to plenty of people. Personally, I either already have the connections or I'll find them through my contacts or my research.

If possible, I'll try to validate the facts, figures and information through different sources, especially when I haven't established yet whether a source is trustworthy.