Hey guys,
seeing how China's finances are declining rapidly, we sold our apartments on the mainland and transferred all the money and most of our savings back to HK. We are now planning to investment into property somewhere else.
The plan right now is to use the money as a 50% down payment on a bunch of apartments in the 3M HKD range and use the rental income to pay off the mortgage. In 20 years, when we retire, the mortgage will be paid off and we can live off the rental proceeds. Or maybe we are lucky and the properties have appreciated considerably, but that's not really important. The rental income should be a bit higher than the mortgage payment so we can put some money into an emergency repair fund or use it for schooling for the kids.
We've considered UK, DK, DE, CH, CA, UAE
Any suggestions will be appreciated.