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Australia scores well in property rights league table

Article Date : Wednesday, April 18, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

When it comes to legal rights and protection, Australia is one of the best countries in the world to invest in property, a new survey has revealed.

According to latest International Property Rights Index, Australia is in the top ten nations that have the best protection rules.

It scored 8.1 out of ten, just 0.2 behind world leader Norway and way above the average rank of 5.3.

Bangladesh, Bolivia and Ethiopia scored the worst at 2.2, 2.6 and 2.7 respectively.

By region, Western Europe gets top ranking for property rights, followed by North America.

The index, which is published by the Property Rights Alliance and is based on opinion surveys within 69 countries, analyses property rights, as well as the legal and political environment of each country.

According to the latest HiFX Global Property Hotspot study, the percentage of Brits making enquiries about Australian property has doubled since the beginning of the year.


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