5 Most Profitable Investment Ideas For Kenyans in the Diaspora
One of the biggest concerns for the majority of Kenyans in the diaspora who want to invest in the country is whether their investments will be secure or not. It is a common incident whereby those in the diaspora send huge amounts of money, entrusting someone to run their business back in the country, only to find out that they are being scammed. The majority of people have succumbed to this, but there are various ways in which you can consider investing in Kenya from the States without having to worry about losing your money.Venture into the real estate business.
The real estate market in Kenya is also another way to make a fortune.
This type of investment can be split into two by either buying land with the intention of selling at a markup or by constructing rental apartments that will help generate good income at the end of the month.
Buy Land
The ripple effect of the growth of property development is that it drives the value of land through the roof.
This is advantageous for anyone with a sharp eye for identifying urbanization prospects.
One can buy land in those areas to sell when the market matures.
The only thing about this that you ought to be careful with is that when it comes to buying it, ensure you work with a certified, trusted company that isn’t just an imposter.
Also, for the record, if you can have a physical site visit, then please don’t just rely on pictures.
Chat with us for more if you’re looking to invest in land today: 0701293199
Get into investment firms
Investment firms have provided a convenient way through which one can enter the real estate markets without the stress of touring the country looking for potential business opportunities.
All you have to do is deposit your money, and through their wide networks and skilled consultants, they will identify the best areas to make a good return on investment.
There are quite a number of areas you can put your money.
Join Saccos
Saccos are widely known to be an easy way of accessing affordable loans, but one can also turn them into a method of minting money.
Usually, your deposit is given out as a loan to the members of the Sacco.
In the process, it earns returns in the form of interest charged on the loans given out to the members.
And in the process, ensure that you have conducted your due diligence before entering into any deal.
Have Shares
By buying shares of a particular company, you get to own a part of every penny they make without having to put any effort into the stressful day-to-day running of the business.
However lucrative all these options are, there is a need to find one that suits you in terms of the capital needed, your personal preferences, as well as your ambitions or future goals.
