How to Buy Real Estate Overseas

Book description

Practical advice on how to enjoy the unique benefits and avoid the pitfalls of investing in real estate abroad

In the current uncertain investment climate, foreign real estate represents a more important opportunity than ever before, for both the investor who wants to move a portion of their wealth abroad and the retiree looking for affordable living options. How to Buy Real Estate Overseas explains one of the best options available today for diversification, asset protection, and a safe haven for wealth. Foreign property is a hard asset that, unlike stocks, for example, can't go bankrupt and collapse to zero.

This book is an expert guide to the advantages and the challenges of investing in real estate overseas.

Author Kathleen Peddicord, an American currently based in Panama, is considered the world's foremost authority on overseas retirement and foreign property investment. She has traveled to more than 50 countries, invested in real estate in 18, established businesses in 7, renovated historic properties in 6, and educated her children in 4. She knows from personal experience how foreign real estate can appreciate significantly over time, throw off an annual cash flow, and provide personal enjoyment for you and your family.

An investment in a piece of real estate in a foreign country is a chance for both profit and fun. How to Buy Real Estate Overseas offers practical advice on how to find great deals, buy and manage property profitably in unfamiliar and potentially volatile foreign markets.

Table of contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Dedication
  5. Part I: Launching Your Overseas Property Adventure
    1. Chapter 1: This Isn't Only about Making Money
      1. What Is Your Dream?
      2. Could You Really Do This?
      3. Can You Afford to Buy Real Estate Overseas?
      4. How Can You Be Sure Something Won't Go Wrong?
    2. Chapter 2: Buy Overseas to Diversify Your Assets, Protect Your Wealth, and Avoid Taxes while Creating Cash Flow and Profits
      1. Real Estate Is a Real Asset
      2. How to Buy for Investment
    3. Chapter 3: Buy Overseas to Save Your Retirement
      1. Owning versus Renting
      2. Rent-Free Retirement
      3. How to Buy for Retirement
      4. Are You Ready to Go Local? (If Yes, You Could Retire Well on as Little as $700 per Month)
      5. Meters and Measures
      6. Three Places to Live the American Retirement Dream Overseas
    4. Chapter 4: Buy Overseas to Make Travel and Adventure Part of Your Life Right Now
      1. Sizing Up a Holiday Home/Vacation Rental Buy
  6. Part II: How to Target Where to Buy: Five Strategies for Choosing a Property Market Overseas
    1. Chapter 5: Buy Crisis Opportunity
      1. Crisis Buy 1: Argentina—The World's Most Experienced Crisis Market
      2. Crisis Buy 2: Ireland—Bust to Boom to Bust in a Single Generation
      3. Crisis Buy 3: Spain—Where Have All the British Gone?
      4. Crisis Buy 4: Nicaragua—Never Mind Ortega
    2. Chapter 6: Buy for the Income
      1. Short Term versus Long Term
      2. Sizing Up a Rental Investment
      3. You're Also Buying the Building
      4. How to Project Your Cash Flow
      5. Top Cash-Flow Markets
    3. Chapter 7: Buy Growth
      1. Growth Buy 1: Panama—Gunning for First World Status
      2. Growth Buy 2: Colombia—Don't Tell Anyone, but Pablo Escobar Is Dead
      3. Growth Buy 3: Mongolia—Boomtown at the End of the Earth
      4. Growth Buy 4: Brazil—Big Upside Potential but Unique Challenges
    4. Chapter 8: Buy Agri-Profits
      1. Agri-Buy 1: Panama—Where Money Grows on (Teak) Trees
      2. Agri-Buy 2: Brazil—Cuckoo for Coconuts
      3. Agri-Buy 3: Uruguay—Cultivating Profits from the Global Race to Farmland
    5. Chapter 9: Buy Where Your Heart and Your Wanderlust Lead You—20 Countries to Consider
      1. Argentina
      2. Belize
      3. Brazil
      4. Chile
      5. Colombia
      6. Croatia
      7. Dominican Republic
      8. Ecuador
      9. France
      10. Ireland
      11. Italy
      12. Malaysia
      13. Mexico
      14. New Zealand
      15. Nicaragua
      16. Panama
      17. Philippines
      18. Romania
      19. Spain
      20. Uruguay
  7. Part III: You're Not in Kansas Anymore: Eight Unexpected Realities of Buying Real Estate Overseas and How to Prepare for Them
    1. Chapter 10: Don't Count on Leverage
    2. Chapter 11: Don't Expect Comps
    3. Chapter 12: Google Isn't Always Your Friend
    4. Chapter 13: Why Net Pricing Is a Dirty Word
    5. Chapter 14: You're a Gringo—Get Over It
    6. Chapter 15: Rights of Possession and Other Ownership Concerns
    7. Chapter 16: Sometimes Really Cheap Isn't a Good Deal
    8. Chapter 17: Margarita Madness and How to Avoid It
  8. Part IV: How to Buy Real Estate Overseas: Eight Easy Steps
    1. Chapter 18: Get on a Plane
    2. Chapter 19: Figure Your Budget
    3. Chapter 20: Build an In-Country Network of Reliable Contacts
    4. Chapter 21: Identify a Purchase
    5. Chapter 22: Negotiate the Purchase
    6. Chapter 23: Close the Deal
    7. Chapter 24: Take Title
    8. Chapter 25: Manage the Asset
  9. Part V: What Every Overseas Property Buyer Needs to Know about Moving Money around the World
  10. Part VI: Where Not to Buy: Markets Perhaps Better Avoided
  11. Appendix A: Market Data
  12. Appendix B: Due Diligence Checklist
  13. Acknowledgments
  14. Index

Product information

  • Title: How to Buy Real Estate Overseas
  • Author(s):
  • Release date: April 2013
  • Publisher(s): Wiley
  • ISBN: 9781118518595