Saturday, January 27, 2018

By Jerry Stone


A lot of Kenyans have found reliable jobs in the foreign county. This has led to an increase in demand for investment among people who are living in these foreign countries. Unfortunately, a good number of these people have ended up disappointed in their venture due to various setbacks. This has made them reluctant in any other attempt to venture in their soil. Here are some important considerations about diaspora investment support in Kenya that one can consider.

Examine different options that are available for your financing. Making a point of evaluating different options gives you a chance to locate the most suitable one. You can inquire from friends who are acquainted with this aspect or rely on different blogs published about this to acquire relevant knowledge about the different platforms you can decide on.

Look for a professional consultant for assistance. It is quite hard making a valid choice about your financing especially if you do not have any experience. A financial consultant is suitable to direct on the options at your disposal. Check for an expert who has a reliable working experience in offering this service and maintain genuineness in his or her advice.

Establish forums with members from a similar foreign locality to discuss on the way forward. Although you can locate a reliable avenue to venture into, considering the help of other people from your nationality increases the chances of locating a suitable capitalization platform. Ensure that there is reliable management to oversee your respective meetings to maintain their relevance.

Conclude on venturing into real estate. It is certain that real estate business has become more popular in Kenya. This means that there is an opportunity to make a remarkable return from your financing if you decide on it. Even so, one should rely on a firm which has a reputation for making profits and has reasonable regulations that safeguard ventures made from a citizen living in foreign countries.

Consider treasury bonds as your alternative option. Treasury bonds are a bit secure compared to other venture platforms. Despite its security, you need to acquaint with relevant measures to undertake to maximize your profits and reliable banks that are worth investing in. It is a good way to have a profitable money.

Conclude on Saccos. Micro financing has also been on the rise in the Kenyan financial market due to its lenient policies compared to banks. They have higher profit margins as well. However, one should be extra careful investing in them since a big number of them have not been registered with the government and have not yet established themselves to be considered as reliable financing avenues. They can make a good intermediate platform for your investments.

Consider having a personal venture. Preferring personal investment means that one has a close friend or relative to trust with the amount sent to finance the respective investment. The person in charge of your project must be competent in handling the business to ensure its growth and return within a short duration.




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