How to Buy Real Estate Overseas, 1st Edition

  • Published By:
  • ISBN-10: 1118607422
  • ISBN-13: 9781118607428
  • DDC: 332.63
  • Grade Level Range: College Freshman - College Senior
  • 248 Pages | eBook
  • Original Copyright 2013 | Published/Released May 2014
  • This publication's content originally published in print form: 2013

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In the current investment climate, foreign real estate represents a more important opportunity than ever before, for both the investor and the retiree. Investing in property overseas is one of the best options available today for diversification (of market, of currency, and of asset type); for asset protection (it is difficult or impossible for a U.S. plaintiff or creditor to seize an apartment in Panama City, say, or a beachfront lot in Belize); for privacy (foreign real estate remains one of the few offshore assets a U.S. citizen is not required to report to the IRS); and for safe haven (a property investment overseas can double as a holiday home and an escape hatch). Like real estate anywhere, foreign property is a hard asset that, unlike stocks, for example, can't go to zero. Buy right, and you have something of intrinsic value that not only can benefit from capital appreciation over time and potentially throw off an annual yield, but that also can provide personal enjoyment for you and your family. That is, an investment in a piece of real estate in a foreign country is a chance for both profit and fun, and the most successful purchases are those where youre able to marry these two agendas. While investing in real estate overseas carries more important upside and advantages today than ever in our history, it also comes with particular and unexpected challenges and pitfalls. And, while many books have been written on how to invest in U.S. real estate with success, little credible information or advice has been published to help the small individual investor enter foreign markets safely and successfully.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
1: Launching Your Overseas Property Adventure.
2: This Isn't Only about Making Money.
3: Buy Overseas to Diversify Your Assets, Protect Your Wealth, and Avoid Taxes while Creating Cash Flow and Profits.
4: Buy Overseas to Save Your Retirement.
5: Buy Overseas to Make Travel and Adventure Part of Your Life Right Now.
6: How to Target Where to Buy: Five Strategies for Choosing a Property Market Overseas.
7: Buy Crisis Opportunity.
8: Buy for the Income.
9: Buy Growth.
10: Buy Agri-Profits.
11: Buy Where Your Heart and Your Wanderlust Lead You—20 Countries to Consider.
12: You're Not in Kansas Anymore: Eight Unexpected Realities of Buying Real Estate Overseas and How to Prepare for Them.
13: Don't Count on Leverage.
14: Don't Expect Comps.
15: Google Isn't Always Your Friend.
16: Why Net Pricing Is a Dirty Word.
17: You're a Gringo—Get Over It.
18: Rights of Possession and Other Ownership Concerns.
19: Sometimes Really Cheap Isn't a Good Deal.
20: Margarita Madness and How to Avoid It.
21: How to Buy Real Estate Overseas: Eight Easy Steps.
22: Get on a Plane.
23: Figure Your Budget.
24: Build an In-Country Network of Reliable Contacts.
25: Identify a Purchase.
26: Negotiate the Purchase.
27: Close the Deal.
28: Take Title.
29: Manage the Asset.
30: What Every Overseas Property Buyer Needs to Know about Moving Money around the World.
31: Where Not to Buy: Markets Perhaps Better Avoided.
Market Data.
Due Diligence Checklist.