International Business Idea #4: Real Estate

Real estate is an industry that many expat entrepreneurs gravitate toward. In fact, I’ve known more gringo real estate agents in more developing countries than I could shake a stick at (and, often, that’s just what I’ve wanted to do to these guys).

Gringo real estate types in sunny climes tend to get a bum rap, because, often, they approach emerging-market real estate as a get-rich-quick plan. If you’re up for taking a longer-term view of things, this could be a good business to consider. You bring an understanding of the efficient real estate market to places where the real estate markets are typically anything but.