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Destinations

World’s most unlikely tourism and property buying booms

Excerpt from FT

Nov 18, 2012 1:22 pm

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The world’s old rich as well as the newly rich are seeking new vistas to live, retire and holiday in, and are going far and wide to some unlikely places.

— Rafat Ali

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The Financial Times documents an emerging trend towards property purchases in highly unusual and unexpected locations around the world, and comes up with a very interesting list, from British fly fishing enthusiasts are buying along Norwegian fjord to Somalis buying in Nairobi, Kenya.

The motivations behind this trend are as wide-ranging as the buyers themselves. Some are turning illicit gains into tangible assets, some are nationals wanting to invest in safer regions than their own, while others buy to support specialist interests, such as fly fishing and conservation.

A chart accompanying the story, embedded below:

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