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When it comes to investing money in a foreign property, you must make sure that you invest money in the right manner and make sure that you choose to deal with a trustworthy real estate agent.
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Oh that's true, especially in a situation where you do not have someone to help you verify the property you are buying. There are cases where the property might be legit, but it would be below what you paid for.Investing in real estate is good but it may be more challenging when you are investing in the one that is in another country. The legitimacy is always the major problem
There are a lot of properties that are legit but you wouldn't know if the person you are buying from is legit because I have seen cases where over ten people sold one propertyOh that's true, especially in a situation where you do not have someone to help you verify the property you are buying. There are cases where the property might be legit, but it would be below what you paid for.
There are a lot of properties that are legit but you wouldn't know if the person you are buying from is legit because I have seen cases where over ten people sold one property
Getting visa is also quite difficult as you have said. There are some people who processed visa in the wrong person's hand and they get scammed at the end of the day so we should be carefulNowadays it is quite hard to get a visa, even if you buy a property in a foreign country. This is why so many people are now struggling to immigrate to another country. People cannot afford it due to the fact that inflation is increasing so much.
You need to do some homework if you are interested in buying real estates in a foreign country. You need to know the regulations, the reputation of the builder and the tax implications. It is true that a lot of rich people have properties overseas. They rent out those properties and earn a decent amount of passive income.
For me l have never been engaged on that kind of jobs because l have never tried out that one.When it comes to investing money in a foreign property, you must make sure that you invest money in the right manner and make sure that you choose to deal with a trustworthy real estate agent.