Buying a property overseas is probably one of the most significant financial undertakings you'll ever undertake and brings legal and financial consequences beyond the most obvious.
Your property will form part of your overall estate, so you'll need to understand the laws of succession and also your inheritance tax liabilities.
If you wish to rent your property you'll be liable for income tax at home and abroad and need to understand that liability, your declaration responsibilities and any double taxation agreements.
All of this is compounded by differing language and legal systems. Thus, without decent legal representation, an overseas property purchase would be fraught with problems.
That's why we always recommend you use the services of a reputable, independent lawyer who can best represent your interests.
In all the countries where we sell, we can help you to find the right lawyer for you.
To find out more, contact us.