How To Buy An Apartment Abroad

Table of contents:

How To Buy An Apartment Abroad
How To Buy An Apartment Abroad

Video: How To Buy An Apartment Abroad

Video: How To Buy An Apartment Abroad
Video: Laura Hamilton: buying property overseas 2024, March
Anonim

The number of Russians who want to buy real estate abroad is increasing every year. However, before deciding on such a crucial step, it is important to study all the details in advance and become familiar with the possible risks. Having mastered the necessary information, you can start looking for a suitable apartment.

How to buy an apartment abroad
How to buy an apartment abroad

It is necessary

  • - select a country;
  • - study the real estate market;
  • - select an object;
  • - to have a deal.

Instructions

Step 1

First of all, familiarize yourself with the legislation of the country where you decided to buy property. In many countries, the fact of purchasing a home does not give the right to obtain a residence permit. In order to legally reside in such countries, you will need an immigrant visa, which you can obtain by investing in the economy or in local exchange-traded securities, as well as by starting your own company or becoming an employee. It all depends on the laws of a particular country. There are countries where buying real estate gives you the right to obtain a residence permit.

Step 2

Before you finally decide on a particular country, study the trends in the real estate market. If there are many building sites in the region, this can lead to a drop in housing prices. Supply will outstrip demand and you will lose most of your investment. In this case, it makes sense to reconsider your plans and look for a more suitable place to buy real estate. By purchasing housing in a country where there is a shortage of construction sites, you will increase your capital, as in such places real estate will grow steadily.

Step 3

Having decided on the country, you can start looking for an object. You can get an idea of the offered real estate and the order of prices on the Internet. After that, it is better to personally go to the country and see everything with your own eyes. You can buy an apartment abroad through Russian real estate agencies, or through local real estate companies. Better to resort to the second option, it will cost you much less. If you do not know the language, use the services of an interpreter. In addition, many foreign companies employ Russian-speaking employees. Inspect as many apartments as possible, check prices. Then you can make the right choice.

Step 4

Find out all the details of the upcoming deal. Ask what taxes you will have to pay when buying, and what costs await you for the maintenance of the apartment. Do not forget to clarify how much you will have to pay the real estate company and the lawyer. What other costs can there be. If everything suits you, you can set a date for the transaction.

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