4 Difficult Places For Foreigners To Buy Real Estate

Photo: Bruno [BRA]

Have you ever dreamed of owning property in a foreign country? Plenty of people do it, but how difficult the process is has a lot to do with where you choose to buy.

Buying property is a complex process that involves numerous steps, and requires specialized knowledge, to ensure the correct, legal transfer of property, and the protection of both the buyer's and seller's legal and financial interests. When you take an already complex process, translate it into a foreign language and add unfamiliar customs and laws, buying property abroad can seem like a minefield.

To learn about four countries where the ownership rules, borrowing and payment restrictions, and local customs make it extra difficult for foreigners to buy real estate, read my Financial Edge article for Investopedia, 4 Difficult Places For Foreigners To Buy Real Estate.

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