Real Estate Development Internships Abroad

Real estate development is a process that involves the acquisition, improvement, and management of real property. It can be a lucrative career path for those with the right skillset. If this field interests you as a future career, consider applying to a real estate development internship program abroad. Many companies offer these programs as a way for young people to learn about the industry and get some experience under their belt.

Why Real Estate Development?

In the last decade, real estate development has become one of the most popular industries for internships. It is a complex process that requires many different skills. By interning abroad in this field, you will learn all aspects of real estate development, from acquisition and financing to construction and marketing.

In addition, interning abroad will allow you to network with other young professionals in the industry and make international contacts that could benefit your career. And, because the industry is constantly changing, interning abroad can give you a leg up on the competition when you enter the job market.

What Do You Do as a Real Estate Development Intern?

Real estate development internships are typically divided into two parts: project management and research.

As a project manager, you will assist with the day-to-day tasks of developing a real estate project, such as coordinating with architects and engineers, conducting market research, and preparing reports.

As a researcher, you will be responsible for collecting data and conducting analysis on potential real estate projects. This information will be used to help the development team make decisions about which projects to pursue.

Both project management and research internships are essential to the real estate development process, and you will likely have the opportunity to do both during your internship.

Skills You Will Need as a Real Estate Development Intern

To be successful in a real estate development internship, you need to have strong analytical skills and be able to think critically. You should also be detail-oriented and organized, as real estate development is a complex process with many moving parts.

In addition, interning abroad will require you to be adaptable and flexible, as you will be working in a new country with different customs and laws. Finally, it is important to have strong written and oral communication skills, as you will be working with people from all over the world.

How to Find a Real Estate Development Internship Abroad

If you are interested in interning abroad in real estate development, there are a few ways to go about it.

First, you can search online for internships, specifically in real estate development. This is a great way to find internships specific to your interests. For example, many platforms allow you to search by location, industry, or company:

• Indeed
• Glassdoor
• SimplyHired
• China Internship Placements
• Virtual Internships

Second, you can look for internships with companies that have real estate development divisions. Many large companies, such as investment banks and accounting firms, have real estate development arms that offer internships. Some examples of these firms are:

• Goldman Sachs
• KPMG
• Cushman & Wakefield
• PwC
• Deloitte
• JLL
• CBRE
• Tishman Speyer

Finally, you can search for general internships in the country where you want to intern. Once in the country, you can contact companies directly and inquire about internships in their real estate development divisions. See the top ten real estate internships in these countries:

1. USA
2. UK
3. Australia
4. China
5. New Zealand
6. Spain
7. France
8. Germany
9. Italy
10. India

No matter which method you choose, be sure to do your research and make sure the internship is a good fit for you.

Requirements for Real Estate Development Internships Abroad

Most real estate development internships abroad are open to students and recent graduates who have a background in business, finance, or economics. However, some programs may require you to have prior experience in the field.

It is also important to be proficient in English, as most internships will be conducted in this language. If you are interning in a non-English speaking country, you may be required to have a working knowledge of the local language.

Also, most internships will require you to have a valid passport and visa.

Application Process for Real Estate Internships

The application process for real estate internships can vary depending on the company you are applying to. However, there are a few steps that are common to most applications.

First, you will need to submit your resume and cover letter. Your resume should highlight your previous work experience and education, as well as any relevant skills or coursework. In your cover letter, express why you want to intern with the company and what things you hope to learn or accomplish during your time there.

Next, you will likely be asked to complete a written application and/or take a skills test. This is designed to assess your knowledge of the real estate industry and determine whether you are a good fit for the internship.

Once you have submitted your application, the next step is usually an interview. This is your chance to show the company why you are the ideal candidate for the internship. Be prepared to answer questions about your qualifications and explain why you are interested in interning with the company.

Do Real Estate Interns Get Paid?

In most cases, yes! Real estate development internships are typically paid positions. However, some internships may be unpaid or offer a stipend instead of a salary. Unpaid internships are more common in countries where the cost of living is lower, such as China and India.

If you are interning in a non-English speaking country, it is important to research the local laws regarding intern compensation. For example, China has very specific laws that must be followed in order to intern in the country legally, like obtaining a visa. So, before you accept an internship, be sure to clarify the compensation with your employer.

How Long Do Internships Last?

Real estate development internships can last anywhere from a few weeks to a full year. The length of your internship will depend on the company you are interning for, as well as your availability.

Summer internships tend to be shorter, while internships span an entire school year and are more common. Though, you can go for spring or winter internships too!

5 Key Benefits of Interning Abroad in Real Estate Development

1. Gain international experience: One of the best things about interning abroad is that you get to experience a new culture. This is especially beneficial if you intern in a country with a different business culture than your own. For example, interning in China will give you an insight into the Chinese business world, which is very different from the Western world.
2. Learn about new cultures: In addition to experiencing a new culture yourself, you will also learn about the culture of the country you are interning in. This is a great way to understand the local people and their way of life.
3. Build your resume: An internship abroad looks great on a resume, showing that you are willing to take risks and step out of your comfort zone. This will make you more attractive to potential employers when you graduate.
4. Make new friends: Interning abroad is a great way to make new friends from all over the world. Meeting people from other cultures can be a great experience that broadens your horizons.
5. Improve your language skills: If you intern in a country where English is not the primary language, you will have the opportunity to improve your language skills. This can be a great asset to your career, as being bilingual always impresses potential employers.

How to Prepare for an Internship Abroad

Now that you know how to find a real estate development internship abroad, it’s time to start preparing for your adventure.

1. Brush up on your language skills. If you are interning in a country where English is not the primary language, you will need to communicate effectively in the local language.
2. Research the real estate market in the country where you will be interning. This will help you hit the ground running when you start your internship and make you more valuable to the team.
3. Reach out to your network of contacts in the real estate industry. These individuals can provide you with valuable insights into the field and may even be able to help you secure an internship.

As a pro tip, try to find a mentor in the real estate industry before you intern. This person can help guide you through your career and offer advice on your next steps. And, start networking and building relationships with people in the industry. The more connections you have, the better your chances of finding a job after graduation.

If you are interested in interning in real estate development, be sure to follow the tips in this article to prepare for your internship. And don’t forget to enjoy the experience!