Kosovo exiles' investments, mostly for housing purchase

Kosovo exiles' investments, mostly for housing purchase

The exiles have let go of their hands to buy real estate. In the January-September period last year alone, 265m euros have been spent in foreign direct investment in this sector. Buying housing, housing and land made up 68 percent of the total of 389m euros in foreign investment. And 87m euros have been invested in [...]

Buying housing, housing and land made up 68 percent of the total of 389m euros in foreign investment. And 87m euros have been invested in financial services.

Foreign investment in real estate has increased by 106 percent from the previous year.

According to Petrit Kastrat, the post-isolation pandemic period affected the growth of this trend.

This says that during 2020, many exiles were unable to come to Kosovo, and this has influenced the demand to rise a year later.

For Kosovo Professor Ukshi, this type of investment does not bring much fruit to the country's economy, as it increases the number of workers, but does not affect the increased value Kosovo needs most.

According to her, foreign direct investments should be directed into tourism, industry and other important sectors.

Besides increasing trading, real estate has also marked recent price increases as a result of pandemic. /Kankosova

Related
What is known so far? Victims on Swiss flight '%s' suspected of being 34-year-old

What is known so far? Victims on Swiss flight '%s' suspected of being 34-year-old

LVV is distanced from Jevrie Ademi, who insulted Rifat Jashar: It does not represent our attitudes

LVV is distanced from Jevrie Ademi, who insulted Rifat Jashar: It does not represent our attitudes

Budget disapproval: Four Ministers Without Money to the New Assembly

Budget disapproval: Four Ministers Without Money to the New Assembly

A person dies on a plane flying from Switzerland to Kosovo

A person dies on a plane flying from Switzerland to Kosovo

From 83 cents to 3.5 euros, payment for membership in the Infermies' Oda changes

From 83 cents to 3.5 euros, payment for membership in the Infermies' Oda changes

10 new HIV cases in recent months -- 2 victims of 2 in hospital -- increase voluntary testing

10 new HIV cases in recent months -- 2 victims of 2 in hospital -- increase voluntary testing

It is suspected to be the motive for killing young Prizren by his family

It is suspected to be the motive for killing young Prizren by his family

Over 40% of all votes by mail are counted by CEC's latest data

Over 40% of all votes by mail are counted by CEC's latest data

Recak massacre next month starts trial in absentia against 21 indictees

Recak massacre next month starts trial in absentia against 21 indictees

“Oil and gas prices may remain high by September”

“Oil and gas prices may remain high by September”

British forces seize an oil tank of “shadow float” Russian Channel in La Mansh

British forces seize an oil tank of “shadow float” Russian Channel in La Mansh

Trump says signing the deal with Iran will take place “after hours”

Trump says signing the deal with Iran will take place “after hours”

It concludes the rating of the balloting by post office, approved over 82 thousand, down nearly 3,000.

It concludes the rating of the balloting by post office, approved over 82 thousand, down nearly 3,000.