| Guide to Buying Property Abroad |
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recognised governing body such as the Federation of Overseas Property The costs of buying property vary tremendously from country to country. As a basicrule of thumb you should allocate around ten per cent of the purchase price to cover costs. These will be broken down into the following categories:
* Legal fees Depending on where you buy, you may also need to budget for residency visas.
Unfortunately, selling property isn’t a cheap process either. The following costs Making a permanent move to another country means that you must look at all of the issues surrounding where you are living, from the established infrastructure of the are with regards to Healthcare, cost of living and work or residency visas to weather, local culture and the proximity of airports. Make a list of what is important to you and put in the hours to do some research. This will make making the move easier and also help you to clarify what it is that you want from your new home, now is not the time to make compromises. Buying Abroad Do’s and Don’ts
• Don’t rush. This is an important move, with processes extremely different to those of the UK property market, take your time and impulse buy.
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