Too many people tend to overcomplicate the issue of buying property overseas, especially those of us who’ve been doing it for a while.
The reality is that in many ways, it’s not much different than buying a property back home—in some respects, it’s easier. But what makes it difficult is having a blank slate to work from, as strange as that may sound.
I moved a number of times in the United States, back when I had an actual job. But I was always moving to a new work location, so the country, state, and often the city were already chosen for me. My selection of neighborhood was based more on convenience for living and commuting rather than any expectation of fun and adventure.
You’ll find that it’s actually harder to pick a property when you have no restrictions whatsoever on where you might buy—when you have the whole world to choose from. So you’ve got to consider a number of factors that didn’t usually come into play when making moves within the United States.
Here are a few tips that I use to get started on an overseas purchase. Continue reading