June 30, 2015
Dear Overseas Property Alert Reader,
When you buy a property overseas, it will sometimes come with an important bonus: It can open the door to foreign residency. When it does, you not only have a second home in the traditional sense, but you’ve got a second home in the broad sense as well—a place that, when you go there, they have to take you in (to steal a phrase from Robert Frost).
And this overseas residency will also provide you a gateway into the host country’s banking system and financial services sector, along with a potential path to citizenship.
Obtaining residency can be a hassle, requiring you to provide extensive financial records and check stubs to show you qualify. But when you qualify as a property owner, you’ll often shortcut a lot of red tape.
Here are five of my favorite places where you can obtain residency by buying a property. Continue reading