The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Riskmgmt who wrote (38075)	8/16/2005 2:48:19 PM
From: bentway	Read Replies (2) of 306849

I'm interested in that idea, but the idea of buying overseas RE is SO complicated! Could I become a citizen? How hard is it? Would the local laws protect my investment? How stable is the government? What are the prospects for the local market? What's the tax situation, and how stable is THAT? As a foreigner (and an AMERICAN), how would I be treated? I wouldn't feel comfortable unless I'd lived there a while myself. I know some people who bought some 99 year leases on condos in Baja, only to lose them because the developer didn't own the land they were built on! (He's long gone)

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