Communicate Globally with the Google Web Translator Tool

NAR has put into place the Google translation widget at the launch page for International REALTOR® Members. This free widget translates not only the initial web page on which it sits into 30+ languages, but also translates linked pages and subsequent linked pages and so on down the line (sort of 6th degree of separation concept). While electronic translation isn't a perfect science, it's improving all the time and most find the Google tool to be more than sufficient in terms of web site communications. Check it out. Download the Google translation widget for use at association and firm websites to add an international element to online presence.

FDI to Decline in 2009 with Slow Recovery in 2010

Global foreign direct investment (FDI) flows have been severely affected by the economic crisis. Inflows are expected to fall from $1.7 trillion in 2008 to below $1.2 trillion in 2009, with a slow recovery in 2010 (up to $1.4 trillion) and gaining momentum in 2011 (approaching $1.8 trillion), according to a new report from the United Nations Conference on Trade and Development (UNCTAD). The U.S., along with China, India, Brazil and Russia (the so-called BRIC countries) are likely to lead future FDI recovery, FDI to the U.S. actually increased in 2008 to $316 billion, up from $271 billion in 2007, due to an increase in loans from parent companies to their U.S. subsidiaries. UNCTAD doesn't expect a similar surge in intracompany loans in 2009, resulting in a projected decline in FDI into the U.S. Download the full 313-page report, or read the 55-page overview.

Tips for Buying Property Abroad

Anyone who has enjoyed a visit to a local winery, sampled the wares with cheese on a picturesque day and taken home a bottle only to later wonder, "how could I have thought this was good?" will appreciate that quick decisions based on ambience do not always make for wise decisions. So too with buying property in another country. While few would purchase a home abroad as casually as a bottle of wine, a quaint Tuscan villa or cottage on the water can be quite appealing. That said, impulse purchases can be a good deal, but a few basic tips can help to ensure it's a great deal. Help your clients make wise decisions on purchasing property abroad with these 12 basics tips for buying abroad. Customize to include your firm's logo and to stress your international property service offerings.