Legal and financial advice for property investors
Overseas
First and foremost, it is essential to secure professional legal and financial
advice before you invest in a property abroad. Overseas property law is
complicated and there have been some cases of unwary investors being misled
by unscrupulous sellers. No matter how tempting the offer might be, never
sign anything without the express agreement of a qualified, local-speaking
lawyer. Click here to learn about the role
of the lawyer in property investments.
There are several ways to finance the purchase of your overseas property,
each with advantages and disadvantages, and these are covered in our
Mortgages
section. Other countries also has a comparatively high rate of capital gains tax
and you should familiarise yourself with this to help with long term planning.
Information on tax issues can be found
here.
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Exchange Rate
1.517 €/£. Last updated at 16:29 on the 24 January 2007
