How to buy Overseas Property Safely
Investing in Overseas Property can be incredibly tempting giving the nature of investments especially in high growth countries like Cambodia, Vietnam, Bangkok where they offer Low/Deferred Payment Schemes, Guaranteed Rental Returns, Potentially Higher Capital Growth but at just a fraction of Singapore’s Prices.
We have always heard of this investment principle; “High Risk High Returns”, “Low Risks, Low Returns”. While this is true, i personally feel that we can somehow mitigate the risk by doing our due diligence and research before investing in Overseas Property or even in any form of investments. So today, we will looking at how to buy Overseas Property Safely;
Some factors to look out for when investing in Overseas/Foreign Property;
1) Regulations
This is one of the most important factor. Different countries have different laws and regulations on foreign ownership. Like for example; Cambodia, foreigners are restricted from buying land or landed properties but they can invest in Luxury Condominiums/Apartments or even Strata Title Retail Shops with Freehold Status. In Vietnam, with the new Vietnam Housing Law with effective from 1st July 2015, foreigners..
To be continued at https://investintproperty.com/how-to-buy-overseas-property-safely/
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