Americans Abroad: Important Information for Overseas Home Buyers
The American Dream isn’t only ‘American’: many expats who move outside the US for a lengthy period of time consider purchasing a home in their new country. Often, this is not a decision based only on finances. Expats frequently look to make a connection to the local area, and regain a feeling of permanence and stability. And, in some cases, expats don’t want to be left out of quickly appreciating housing markets.
Similar to making a purchase in their home country, purchasing a home in a foreign country could be a wise decision. However, it remains a decision with potentially large financial consequences. It isn’t a decision that should be make without giving it careful consideration.
This article explains some basic information that is important for you to know prior to purchasing a home in another country.
Original Story at TFE.