Investec Bank in the Channel Islands has launched a bespoke buy-to-let proposition specifically tailored for UK expatriates living in Dubai or Switzerland.
This new offering has been designed to help high-net-worth expats build their UK property portfolios while living abroad.
Investec predicts significant growth potential in both Dubai and Switzerland. Dubai is currently home to over 70,000 dollar millionaires, while Switzerland has over 420,000. This figure is expected to grow as more UK workers seek to relocate.
Mark Le Mottee (pictured), Head of UK and International Lending, Investec Bank Channel Islands, commented: “We are delighted to assist high-net-worth clients who are resident in Dubai and Switzerland, whether they are looking to purchase their first buy-to-let property or expand their existing buy-to-let portfolio in the UK.
“We believe expats are underserved by most mid-market financial services providers and our bespoke proposition is designed to address the unique challenges faced by expatriates in the property market.
“With dedicated experts on the island, we offer a personalised private banking service that aims to provide an exceptional experience and tailored solutions for our clients.”