Investing Overseas: Top Ten Dos and Don'ts

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If you haven't enough time to read any of our factsheets our eBook or one of our books, or are at an early stage in thinking about investing in property Overseas, then make sure you check out our Top 10 Tips:

Top Ten Dos and Don'ts when Investing Overseas:-

1. Do spend time researching the area and understanding how you will gain a return on your investment.

2. Don't just believe information provided by a Property Investment company - check every detail of the deal offered.

3. Do visit the country, area and property before you hand over any money - however time-consuming/costly or far away it is.

4. Don't invest any money until you have visited an Independent Financial Adviser and a Property Tax Specialist

5. Do make sure you have enough money in the right currency to pay for your Property Investment.

6. Don't rely on one legal company to carry out the buying process, use a local AND international, English-speaking legal company.

7. Do make sure you budget accurately for all the costs of your investment, then work out how and when you will cash your investment in.

8. Don't try to make a 'fast buck' as this can often mean you end up losing money; always take your time and do your due diligence.

9. Do pick the country and area and type of Property Investment that will give you the best return - which is not necessarily a property that would also be a holiday home!

10. Don't put yourself in a situation where you are forced to sell the property you've invested in. Make sure you can do without the money invested for 5-10 years.

To find out more about how we can support you during your property project visit our Introduction page in the Essentials section.

Consider signing up for membership:
Join now as a member for just £19.99 so we can give you unbiased and expert support throughout your project. Each member receives a FREE Which? Property Book, email/telephone support and discounts off great products and services! 

For more information about how membership can help support you throughout your property project, please email: enquiries@designsonproperty.co.uk or call us 0845 838 1763. We'd love to speak to you! 

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