Guide To Moving Abroad

If this is the first time you have seriously considered buying a home overseas then the best thing you can do is talk to an expert. It would be best to seek advice from several different sources to help you get the best possible idea of the important areas that need to be covered.

Found an ideal Phuket villa for sale? Keep calm!

Getting wrapped up in the excitement of moving overseas may not help you in the long run. Selecting the right independent legal professionals pays dividends.  You will need reliable experts who will verify who is selling the property, its location and all the normal, necessary due diligence.

The UK based Association of International Property Professionals have published a guide on how to buy property overseas safely. For example; the guide gives details on the responsibilities of agents and developers including pointers on how to find the very best. You might like to check if there are similar guides and professional organisations available specific to your country.

Here is a detailed document put together by experts to guide you in more detail.

Have a think about some of these important issues. How would you go about creating a rental income?  Would you like to make your move a permanent one... and if so how? How will you calculate the costs of sending funds in and out of another country? What are the reasons for buying a house overseas? How will your new home be financed? What kind of due diligence will you need a lawyer to do?

Understanding the buying process of the country you will move to will help you avoid many potential problems in the future. You could for example visit industry exhibitions and talk to experts and gather up to date information.  

Respectable companies will provide buying guides, for example Phuket Project Co. Ltd, the owner of this website’s guide can be found here.

Another good place to find plenty of information on local buying processes is your country’s Foreign Office website.  

If you are buying through a company registered in your country, of course you should also be protected by your country’s consumer protection laws, make sure you check them out.

Once you have gathered all the right information you can be much better positioned to take a look at and find the right Phuket Villa for sale for you.