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Oscar Gonzales, MBA, PhD | International Division Director
The Why
In 2012, Houston was named as the 4th best place for real estate investment in the World.
In 2012, foreign investors pumped $1.26 billion into Houston commercial property, up 32 percent over 2011.
The Houston Region is now the most ethnically and culturally diverse large
metropolitan area in the country.
In the international business community, the Houston region ranks as an influential global market leader with impact worldwide.
The Houston region has:
• More than 90 consulate offices;
• 20 foreign banks, representing 9 nations;
• 765 foreign-owned firms;
• 395 companies with branches in 143 other nations; and
• More than 3,300 firms, foreign government offices, & nonprofits conducting international business.
Population Trends
Houston Population by Race 1960 - 2012
Houston’s Population by Age & Ethnicity
The How
Going GlobalBetter Homes and Gardens Real Estate | Gary Greene is the only real estate company in the Houston metro area with a team committed to
servicing the needs of International homebuyers and sellers.
Comprised of over 110 agents, speaking 33 different languages
Working LocalExpand our scope to International.
Provide global transaction generating resources to each agent and office.
Help forge global business relationships and networking across multiple industries.
Position Gary Greene as the premier International real estate resource for consumers, businesses, and community organizations in the Houston Metro
Area.
Asia Team European Team Americas Team
Multicultural Advisory Groups(MAGS)
Multicultural Advisory Groups(MAGS)
The Role of the MAGS are to:
Serve as “Cultural Advisors” to the International Division.
Serve as “Ambassadors” to International and Cultural businesses, social, educational, and community organizations for Gary Greene.
Establish goals for each MAG as a benchmark for success.
Asian Team European Team Americas Team
Over 33 Different Languages Are Spoken Among Gary Greene Agents
EDUCATION• 3 Hour MCE - International Certification Class
– Multicultural Certified Real Estate Professional designation (MCREP) is designed to help you understand the language, cultural, and religious practices that accompany International buyers and sellers and their families.
INTERNATIONAL RESOURCES
City of Houston –Mayor’s Office of International Trade and Development (MOITD) http://www.houstontx.gov/intltrade/
Objectives include promoting Houston to the world and bridging international barriers to help Houston's companies expand their business to embrace global partnerships and international trade. MOITD Events Calendar - http://www.houstontx.gov/intltrade/calendar2013september.pdf
DivisionsAfrica * Americas * Asia/Australia * Canada * Europe * Middle East/North Africa * South Asia
INTERNATIONAL REAL ESTATE ORGANIZATIONS
Asian American Real Estate Association (AAREA)http://aareahouston.org/
Houston Black Real Estate Association (REALTIST)www.hbreahouston.com
National Association of Hispanic Real Estate Professionals (NAHREP) http://nahrephouston.wildapricot.org
INTERNATIONAL ORGANIZATIONS
World Affairs Council of Houston www.wachouston.org
Greater Houston Partnership www.houston.org
Asia Society Texas Center www.asiasociety.org/texas
INTERNATIONAL CHAMBERS OF COMMERCE
Bilateral U.S.-Arab Chamber of Commerce http://bilateralchamber.org
Houston-Hispanic Chamber of Commerce www.houstonhispanicchamber.com
U.S.-Mexico Chamber of Commerce
www.usmcocgc.org Texas-Turkish and Vietnamese-American Chambers of Commerce
Asian Chamber of Commerce www.asianchamber-hou.org
OTHER INTERNATIONAL CHAMBERS
Italy-American Chamber of Commerce http://iacctexas.com
German-American Chamber of Commerce http://www.gaccsouth.com/en/chapters-partners/south-texas/houston-office/
British American Business http://babchouston.org/
Australian American Chamber of Commerce http://aacc-houston.org/
Swedish-American Chamber of Commerce: www.sacctx.com
Danish-American & German-American Chamber of Commerce: www.daccsw.org
French-American and Norwegian-American Chamber of Commerce: www.facchouston.com
Colombia-Texas Chamber of Commerce http://colombiatexaschamber.com/
F E B R U A R Y 2 0 1 4 V O L U M E 2 , I S S U E 1
A P U B L I C AT I O N O F I N T E R N AT I O N A L R E A L E S TAT E F R O MB E T T E R H O M E S A N D G A R D E N S R E A L E S TAT E | G A RY G R E E N E
Internationale
F E B R U A R Y 2 0 1 4V O L U M E 2 , I S S U E 1
A P U B L I C AT I O N O F I N T E R N AT I O N A L R E A L E S TAT E F R O MB E T T E R H O M E S A N D G A R D E N S R E A L E S TAT E | G A RY G R E E N E
In this Issue: Korean Air to Launch new Houston-to-Seoul Service
Expat Housing in China
Understanding Islamic Mortgages and Sharia-Compliant Financing
Upcoming Networking Events
Internationale
Korean Air will launch a new nonstop service between Houston's George Bush Intercontinental Airport and Seoul, South Korea's Incheon International Airport
Click on image to learn more
Korean Air to Launch NewHouston to Seoul Service
An expat transferring to China will place value on things such as property condition, proximity to public transport, and international schools.
Home searches should begin at least eight weeks before the move-in date given some ownership restrictions.
Click on the image to learn more
Expat Housing in China
Understanding Islamic Mortgages & Sharia Compliant
FinancingIslamic mortgages and Sharia compliant financing prohibits charging interest on loaned money. The basic principle of Islamic banking is based on trade rather than risk-transfer as in conventional banking.
In an Islamic mortgage transaction for example, a lender will buy the property from the seller and resell it to the home buyer at a profit. The home buyer pays the lender in installments with the property being registered in the name of the home buyer. The lender's profit cannot be made explicit and no additional penalties for late payments can be assessed. To protect itself against default, the lender may require absolute collateral in the property.
Another alternative allows for purchase in the form of rental. The lender and borrower form a partnership with each providing capital to purchase the property. The partnership rents out the property to the home buyer and charges rent. The lender and the homebuyer share the…….
Upcoming Networking Events
FEBRUARY 6TH8:00AMAsia Society Texas Center: Crisis in Governance, Energy Security, and the U.S. Withdrawal from AfghanistanAsia Society713-496-9901
FEBRUARY 11TH12:00 PMGerman American Chamber of Commerce South Houston: Wirtschaftsrunde—German Business RoundtableGerman Consulate [email protected] 6:00 PMRussian Chamber of Commerce: Reception Honoring Russian Delegation to Arctic Technology Conference 2014Four Seasons Hotel713- 429- 4680
FEBRUARY 13TH8:00 AMAsian Chamber of Commerce: A Taste of A.S.I.A.—Exceptional Presentation SkillsHESS Club713-782-7222
FEBRUARY 15TH9:00 AMBilateral US-Arab Chamber of Commerce: Bilateral Model Arab League ConferenceUniversity of Houston713-568-8473
FEBRUARY 19TH11:00 AMGerman American Chamber of Commerce South Houston: Houston Keynote Luncheon—TTIP & Transatlantic Economic ForecastFederal Reserve [email protected]
FEBRUARY 20TH 11:15 AMDanish-American Chamber of Commerce: Luncheon with speaker Laurie S. Fulton, former US ambassador to DenmarkHilton Americas Hotel713-620-4200
FEBRUARY 21ST8:45 AMColombia Texas Chamber of Commerce: Palermo Free Trade Zone as Industrial and Logistics Platform for the Oil and Gas Industry.Federal Reserve Bank Houston Branch713-9621014
FEBRUARY 22ND2:00 PMIndo-American Chamber of Commerce: American Tax Laws As Applicable to NRIs and Overview of 2014 ChangesIndia [email protected]
FEBRUARY 27TH 7:30 AMHouston Hispanic Chamber of Commerce: Networking and Business Development BreakfastFederal Reserve Bank713-644-7070
The Gary Greene organizational culture accommodates the International clients’ language, lifestyle, and cultural
nuances.
It’s what differentiates us from the competition
INTERNATIONAL DIVISION
Oscar Gonzales, MBA, PhD | International Division DirectorBetter Homes and Gardens, Real Estate | Gary Greene10575 Katy Freeway, Suite 100Houston TX 77024Office: 713-465-6644 ext. [email protected]
