Haha this is where people go, “Oh you must live in like a expensive city” and like damn bro, every city is god damn expensive now!
Even in cheap cities, burger is $12+, rent is +$1000 per person, and good luck saving for that cheap housing that will be bought by companies to hopefully make a profit out of you when you borrow a 50-year loan.
It doesn’t really matter what everyone else is doing if we’re talking about our own individual situations though it would be a good idea to check the local job market before comitting.
The prices elsewhere is irrelevant. If there is 1 thing that is not movable it’s precisely a house. One doesn’t buy a building but rather a location. The price of real estate is about the infrastructure available.
Anyway, even if it wasn’t about location, location, location (the 1 rule in real estate) here the point is about citizenship, not actual houses. FWIW St Lucia is a beautiful place but… step out of a luxury hotel and see what happens. GDP per capita is low ($15K) and Gini coefficient is high.
“as little as”
Fuuuuck off. 🥲
Almost any other citizenship by investment program costs millions. So, it is very cheap.
In my area, houses are like 1 mil USD so in comparison, it is cheap
Haha this is where people go, “Oh you must live in like a expensive city” and like damn bro, every city is god damn expensive now!
Even in cheap cities, burger is $12+, rent is +$1000 per person, and good luck saving for that cheap housing that will be bought by companies to hopefully make a profit out of you when you borrow a 50-year loan.
I mean that house is cheap compared to the ones near me but I wouldn’t be able to afford the air fare to visit it regularly
Visit it regularly? You visit the house once and live there. It’s called moving.
I highly doubt the majority of the people buying are making it their primary residence but it would nice if I’m wrong.
It doesn’t really matter what everyone else is doing if we’re talking about our own individual situations though it would be a good idea to check the local job market before comitting.
The prices elsewhere is irrelevant. If there is 1 thing that is not movable it’s precisely a house. One doesn’t buy a building but rather a location. The price of real estate is about the infrastructure available.
Anyway, even if it wasn’t about location, location, location (the 1 rule in real estate) here the point is about citizenship, not actual houses. FWIW St Lucia is a beautiful place but… step out of a luxury hotel and see what happens. GDP per capita is low ($15K) and Gini coefficient is high.
You do realize that’s a logical fallacy, right?
“cheap” only makes sense in relative terms.