special consideration for investing overseas

[Keith Kennedy]

What should I consider when purchasing rental income property overseas?

[Colin G Murphy]

Hi @Keith Kennedy

Which markets are you looking at specifically? Some markets (such as UK, Ireland and Germany) are very safe and transparent while many others are not. 

Aside from establishing whether a specific property is well priced, the currency, taxation, legal framework and property management areas will be the most important ones to research. I can confirm that investing in countries where the paperwork isn´t in English is a lot trickier! 

Don´t let any of that overwhelm you though. Just as many overseas residents (myself included) had obstacles to overcome before investing in the US, many Americans have been successfully and happily investing abroad for generations.