More people than ever are investing in property abroad, and with incentives such as cheap flights, a faster than ever Eurostar connection and a strong pound, you may be tempted to join them.
However, buying overseas takes planning. When getting started on a new venture in a potentially unfamiliar cultural and social environment, you need to give thought to your investment strategy, choose a place carefully, calculate costs and work out how you will manage the property.
For some recommendations for before you go from those in the know, check out Before you Fly and Buy: Top Tips. These include ideas about financial planning, getting a mortgage and using local services.
An investment abroad can be lucrative, but your take-home profit can be substantially reduced if you fall foul of international tax laws. See some of the points you should consider in Tax on Jet-to-Let properties.
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