Tips on Buying International Real Estate

How often have you sat starring deeply into space, imagining your luxury villa in Cabo or the
small tattered tent you’d been using to camp for
months under the stars on the shores of Mele Bay in Vanuatu? Too many times to count, eh? Whether your escape
out of the country entails buying a pricey piece of real estate abroad or roughing it because you say, “to hell with
the American dream and material things,” including a house, you’ll need to do some serious planning ahead.
I’ve been impulsive many a time in my travel planning and timing, but relocating and major transactions are bigger
issue than my silly excursions here and there.

Associated
Content
has a nice piece on some questions and things to consider before buying abroad. They are rather basic and
follow the same rules as any purchase here in the states would, but you’ll want to let this one sit on the brain a
little longer. (Or if you’re really fed up and that shabby little cottage tucked away in Ireland is sounding like a
castle, take the plunge. I’ll be rooting for you.) However, here are a couple notes to get you thinking ahead if
becoming an expatriate before Christmas is high on your agenda.

  • Research and talk to other expatriate’s in the area.

  • Find a good realtor.

  • Think twice about renting while you’re away.

  • Financing may not be possible.

More detailed info in the piece found
here.