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When Choosing a Location in Which to Invest, Pay Close Attention to Local Issues

Mansion Global From tax changes to rental rules to infrastructure plans, what’s happening nearby is of utmost importance By V.L. Hendrickson  |  Save Argentina passed a progressive tax that can mean a 5.25% charge on individuals with assets worth more than 200 million pesos (US$2.5 million). Anton Petrus / Getty Images Argentina passed a progressive tax that can mean a 5.25% charge on individuals with assets worth more than 200 million pesos (US$2.5 million). Anton Petrus / Getty Images Think globally, but buy real estate locally. Although the economy of a country as a whole is a factor to consider when researching real estate, it’s just one of the considerations super-prime investors should take into account. They should also be examining local issues like taxation and long-term infrastructure planning as they mull the decision to invest in luxury real estate.

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