Property Abroad - Living Overseas

Property Abroad - Life Overseas

Lets assume you are looking at the possibility of buying a property abroad. Lets also assume you intend to live, for at least part of the year, in your overseas property. There are some basic fundamentals that should not be forgotten. Before you go anywhere do some research on the country you are considering buying an overseas property in. Think about it...

Is your property abroad within the European Union?

If it is, you have the protection of the EU and its laws. This can make a big difference in your life. If you accidentally fall upon some trouble or hard times, offend the wrong person or have legal difficulties, the fact of being in the EU or not will make a huge difference.

Your Property Abroad - Their Country

Thats right, its their country. The boom in overseas property purchases in the last two decades has led to various situations in different countries. For example, there are parts of Spain that have so many British immigrants you would hardly know you were in Spain. Pubs with Union Jacks and dartboards, fish and chip shops and English flags everywhere are just some of the signs. Guess what...it IS Spain! Regardless of the situation, respect the country your property abroad is located in.

Overseas Property - Why Live Abroad?

Are you going abroad to complain about all the things from back home they dont have? Believe me, in my journeys around Europe and business dealings, I've encountered this attitude many times. How about moaning about the country you're in, or hammering home to all your visitors all the negative aspects? If these are things you may do, I suggest you put your dream of a property abroad on the backburner. Would it not be wiser to love the country you have purchased your overseas property in? Think about it.