India Among Countries Where Rich Love To Buy Luxury


5. Japan

In 2009, Katsushika Hokusai is a famous Japanese painting that was sold at a Christie’s auction for $68,500. By 2017, Japanese luxury investors will see an increase of up to 10.9 percent.

4. U.K.

A brand new Rolls Royce will cost approximately $400,000. However, the classic ones will be sold for the price the investor prefers. No matter what, cars do not have better value than art and jewels. U.K. CAGR for all luxury investing beat U.S. growth rate at 11.17 percent.

3. Singapore

Singapore is one of the fastest growing cities in Asia. The city’s CAGR is expected to rise to 13.9 percent in the next four years, according to WealthInsight.

2. China

Chinese have the biggest craze for wine that is manufactured in France. China’s CAGR for luxury investing is expected to reach 16.13 percent by 2017.

1. India

India is the best country for buying gold. In fact, many people across the world come to India to buy gold jewelry. CAGR from 2013-2017 will be around 23 percent.

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