US Based Investors at the Top in Pakistan Real Estate Business
The real estate sector of Pakistan has foreign investors which include the top five countries being; the USA, Saudi Arabia, the United Arab Emirates, the United Kingdom and Canada. The USA has the highest investments done in the real estate sector of Pakistan during the past ten years.
The real estate sector of Pakistan is floating happily with high foreign investments. Plots for commercial and residential purposes are high in demand and the trend is expected to go higher as the year moves on. The first three months has seen the market to tread upwards by 15 percent. Investors from US have already made some heavy investments in projects like Bahria Town Lahore.
Pakistan has a multi-million dollar real estate industry, which can be gauged from the sheer value of its domestic real estate assets which are worth a staggering US$700 billion.
This sector has recently attracted an increasing number of foreign investors, as seen by the recent boost in the number of overseas property-seekers accessing online sources in Pakistan. Our website receives the most number of foreign views and leads from the USA since a large number of overseas Pakistanis are living there.”
The foreign investments done within Pakistan are laissez faire through out the south of the Asian continent. The investor is allowed to have a complete free hand with foreign equity in every sector including the repatriation of funds, money gains, shares and profits.
The real estate sector of Pakistan is actually the strength of the economic conditions of the urban area; this sector is a major source of GDP contribution by being able to contribute a 2% of the total after the agricultural sector.