Managing Foreign Exchange When Buying Property Overseas
We are pleased to introduce you to Regency FX, our forex and international payments partner. They are able to assist you in all your requirements for all aspects of managing your foreign exchange risks and international payment requirements. Here they outline the assistance they can provide when you are buying a property abroad. Regency FX...
Taxes For Non-Resident Citizens Buying Property In Spain
Here is a guide to the taxes payable by non-residents buying property in Spain, which will depend on a number of factors including whether you are an EU/EEA citizen and whether you are buying for your own occupation or to rent out. The brief analysis set out below is based on the tax regulations in...
7 Reasons Why It’s Better To Buy Than Rent When Moving Overseas
Whether you’re contemplating retirement under the Mediterranean sun, taking the family to Australia or a career relocation to the Far East, moving abroad is an exciting, life-changing prospect. But when it comes to finding a home, the question is whether to buy or not to buy. Renting a home has its merits, but so does...
Buying Property In Spain: What Expats Need To Know
There’s no denying that there is something special about Spain. Expats have been relocating to the country for years for the vibrant culture, temperate climate, long sandy beaches and low cost of living. In fact, Spain has become such a popular haven for expats that in 2022, 20% of property sold was snapped up by...
Buying Property In Spain
Step one is to get your professionals lined up and ready. That should certainly include a lawyer who is independent of the estate agent or developer whose property you are viewing, who is qualified and who is a specialist in property in Spain and land law, known as urbanismo. By Christopher Nye It is also...
What To Know When Buying A Second Property Abroad
Owning a second property abroad has become increasingly popular among UK residents, offering a blend of lifestyle enhancement and investment diversification. Whether you’re purchasing a holiday home, an investment property or somewhere you are looking to retire, purchasing real estate overseas requires careful consideration and thorough research. Here’s what you need to know before taking...
Outlook For The Spanish Property Market In 2024
Buying property in Spain remains a very popular option with people looking to move there to enjoy the climate and lifestyle as well as with people looking for a holiday home or investment opportunity. 2023 saw the Spanish property market exceed expectations with record levels of international buyers. What are expectations for the Spanish property...
Investing In A Holiday Home In Spain In 2024
Spain is popular with expats and is one of the most popular holiday destinations. Many choose to invest in a holiday home so that they can travel to take advantage of the lifestyle, almost year-round sunshine and affordable prices of property. If you are considering investing in a holiday home in Spain this post will...
Spanish Expat Mortgages – A Guide
If you are buying property in Spain and need to take out a mortgage to finance the purchase you need to understand how to obtain a mortgage. There are similarities between Spanish expat mortgages and what you may be familiar with at home but it is vital that you understand the differences. How much deposit...
Tips For Managing Spanish Mortgage Payments
Home purchasing is one of the most significant financial obligations you will make when moving to Spain. It can support your financial future investments, give you a secure place to live, and give you a place you can call home for many years. Your lender and the kind of loan you have will determine what...
Pent Up’ British Demand For European Property Could Lead To Record Transactions In 2024
Kyero, the UK-based international property portal, has outlined the potential for record European property transactions in 2024 as the company described ‘pent up British demand’ for European property as buyers await a possible relaxation in the post-Brexit 90/180 day residency limits. In an analysis of one of the largest data sets in the industry (consisting...
Common Mistakes People Make When Purchasing Property Abroad – And How To Avoid Them
Prospective expats and holiday home buyers have been offered expert tips and advice to prevent them from making easily avoidable mistakes during the property buying process. From planning viewing trips in the height of summer to ignoring each country’s basic legal requirements, overseas property experts at YourOverseasHome.com have issued advice to highlight eight of the most...