There's some relevance in that investors like that are likely to have no ties to the community and no interest in anything other than profit. Of course many local investors are the same way.

Investors from outside of the community may not have interest in anything other than returns. “Investors” from an autocracy where future property rights can’t entirely be taken for granted may not be interested even in that; they could just want to hedge their government risk by parking some money in non-seizable assets located outside of the country, and then minimize any resulting management headache.

Do investors inside the community neccessarily care any more than ones outside it? It brings to mind the stupid xenophobia of thinking being oppressed by "their people" is better than having open elections where an immigrant can run.

Investors inside generally have different incentives. They are close enough to drive by and see how things are doing. Wreck the building and they will notice. Investors from outside can be fooled.

Also if the investor is just looking for a place to save money outside of their unstable country they may be better off losing money on the deal!