New figures show that more Australians own property in Scotland than those from any other overseas country.
The statistics, which are based on data from SafeDeposits Scotland’s residential property ownership scheme, found that Australia leads the way when it comes to foreign home ownership in the country with 528 owners of Scottish property living in Oz. USA was second with 358.
Ireland ranked third for overseas Scottish property owners with 223, followed by the United Arab Emirates (187), France (182), Spain (161) and Canada (126).
The top 10 was completed by Germany (113), New Zealand (109), and Hong Kong (108).
Separately to those based overseas, in the rest of the UK, England boasts the most landlords of Scottish property with 7,279, followed by Northern Ireland with 579 and Wales with 192.
Ian Potter, Chair of SafeDeposits Scotland, said: “Our figures demonstrate that landlords of Scottish property live all over the world. Alongside overseas investors will be Scots who have moved abroad – temporarily or permanently – and decided to retain property in Scotland.”
SafeDeposits Scotland is the largest protector of Scottish tenancy deposits.
Article published 6th August 2019