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Are foreigners able to secure loans to buy property overseas ?

By

admin

Posted in On May 02, 2015

This also depends on the country and their regulations as it pertains to foreigners purchasing real estate. Speak to your real estate agent to see if you are able to secure a loan from a local bank or not. Depending on the country you may have to start a corporation or trust to acquire the property.  Also speak to a lawyer in the country you decide to purchase in and ask about any hidden fees, bank fees, annual fees, renewal fees, etc.

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