To date, the issue of buying real estate abroad is becoming more and more relevant among Russians. Due to the unrestrained increase in the cost of apartments and houses, both in the capital and in the nearest cities, Russian citizens pay more and more attention to the foreign housing market, which at this time looks much more attractive and affordable. But between the decision to buy real estate abroad and receiving the treasured key from a house or apartment, there is a “huge abyss”, consisting of choosing good housing, collecting all the documents necessary for this and signing them. That is why we decided to write this article, which proposes useful information about the rules for the acquisition of real estate in other countries.
It is worth noting that the purchase of real estate abroad without intermediaries is possible only if you definitely have decided to buy. The fact is that someone wants a huge house in the UAE, and someone is enough for a small apartment in Bulgaria. Therefore, before taking this process seriously, decide for yourself for what purpose you acquire this real estate.
The main motive for the purchase of housing abroad can be the desire to protect your old age, because owning an apartment or house in the state with a stable political and economic life may come in handy if any unrest begins in Russia. For some, the purchase of houses abroad is a competent investment. In this case, housing can be leased or its subsequent profitable sale. You can buy real estate on the coast of the sea and use it as a summer house.
What goal you would not pursue, you still have to take into account several factors when buying foreign housing: the economic and political situation in the country, its taxation system, price forecasts and visa and visa.