Country Buying Guides
From Bulgaria to Turkey, we aim to offer a full education and insight into how to invest successfully in the key countries around the globe. We are continually expanding our range of country guides, with more content being added on a daily basis.
Buying Guide For Brazil
It is essential to use an independent lawyer with a legal knowledge of both the English and Brazilian legal systems, who are able to translate the documents and explain the terms to your full understanding.
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Buying Guide For Bulgaria
In Bulgaria both the vendor and the purchaser pay estate agent fees, this can amount to 3% - 5% of the property value. Also in Bulgaria there is a municipal tax (stamp duty) this is currently 2% of the purchase price.
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Top Ten Reasons to Buy Land in Bulgaria
With Bulgaria standing out as a potentially solid investment prospect, we take you through the top ten reasons to buy land in the country.
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Top Ten Reasons to Invest in Bulgaria
Bulgaria has long been considered an investment opportunity to take note
of, so we will take you through the top ten reasons to buy an investment
in the country.
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Buying
Guide For Cape Verde
It is important to carry out due diligence on the property you are purchasing in order to ensure there are no encumbrances on the property. Your independent lawyer will do this on your behalf.
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Buying Guide For Egypt
It is common the draft of the contract will be provided written in Arabic. Again increasing your need for a lawyer with experience of the two legal systems.
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Buying
Guide For Estonia
In order to become the legal owner of a property in Estonia, as in England, the proprietor has to be duly registered on The Land Register. This process of Registration takes between one to four months.
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Buying Guide For France
Special assur’titre insurance policies can be taken out to insure the title of a property against unknown title defects, such as unforeseen claims by third parties and the violation of planning regulations by former owners, as well as mistakes on behalf of the notaire.
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Buying
Guide For Lithuania
In Lithuania the payment of the purchase price is divided into two parts. The first part is a pre-payment. The second payment of the residual money is made after the transfer acceptance deed has been signed.
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Buying Guide For Montenegro
In order to become the legal owner of a property in Montenegro, as in England, the proprietor has to be duly registered on The Land Register. This process of Registration can take up to a month and there is a registration fee of 0.5% of the property value.
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Buying
Guide For Portugal
You must ensure that you apply for, and obtain a fiscal number (Numero Fiscal de Contribuinte). This can be obtained from the local tax office (Reparticao de Finanςas). Your independent lawyer can arrange this for you
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Buying Guide For Spain
In Spain, some aspects of conveyancing (drawing up deeds, witnessing signatures) can only be performed by a public notary (notaio). It is your lawyer and not the Notary, however that will check the statements, the Notary is a neutral party.
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Buying
Guide For Turkey
In Turkey, for the transfer of the title deed into to the name of the purchaser, a formal deed has to be executed by the Land Registrar in the presence of the parties or their legal representatives at the Land Registry.
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Top Ten Countries To Invest In
So many countries, so little time and money! Discover and Invest are proud
to present our Top Ten Countries To Invest in, providing insight into the
reasons why we feel there are certain countries that you really should consider
for investment.
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Buying Guide For Florida
Vendor agents in the US act as a lawyer would in the UK so it is common during a purchase of a property in Florida for your lawyer to deal with an agent not an attorney.
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Buying Guide For Goa
It is important to carry out due diligence on the property you are purchasing in order to ensure there are no encumbrances on the property and that Title Deeds and such are in order. Your independent lawyer will do this on your behalf.
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Buying Guide For Greece
In Greece the purchaser must pay a transfer tax of 7% - 11%,.notary fees of 1.2% and registration fees of 0.5% of the purchase price.
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Buying Guide For Grenada
It is important to carry out due diligence on the property you are purchasing in order to ensure there are no encumbrances on the property. Your independent lawyer will do this on your behalf.
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Buying Guide For Hungary
Prior to purchasing of real estate as an individual in Hungary, a foreign national must obtain permission from the Hungarian Land Registry to purchase real estate.
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Buying Guide For India
In India Stamp duty is the responsibility of the purchaser, unless your agreement states otherwise and varies in amount from state to state ranging from 4% – 10%.
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Buying Guide For Italy
Britain and Italy have a double taxation treaty meaning that tax is only payable in either country, not both. These vary from case to case depending on situation. There is no wealth tax in Italy.
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Buying Guide For Morocco
Documents for use in Morocco require legalisation by the Moroccan Consulate. The documents must first be certified by the UK Foreign and Commonwealth Office.
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Buying Guide For New York
Prior to closing, after the Vendor has vacated, your Agent will accompany you on an appointment to inspect that the property is in the same condition or promised condition as stated in the contract.
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Buying Guide For Nicaragua
Foreigners have the right to own property and to establish business as they wish in Nicaragua
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Buying Guide For Poland
Normally the purchaser is required to place a deposit at the time of signing the initial contract, the deposit is normally between 10-15% of the purchase price.
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Buying Guide For Sri Lanka
All property transactions are done in cash, in rupee. Most locals do not accept cheques or money transfers.
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Buying Guide For St Lucia
Most foreign legal systems’ inheritance law is different to our system, hence it is extremely important to use your independent lawyer to help you make a will so that in the unfortunate event of your passing, your wishes and not the word of the law is followed.
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Buying Guide For Thailand
Completion usually takes 30 to 60 days. This includes the exchange of contracts and settlement of the remaining balance
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