CrossBorder Learning Center -

FEATURED ARTICLES

FREQUENTLY ASKED QUESTIONS

Why invest Internationally?

Investing internationally simply opens up a whole host of new options. Instead of being restricted to the offerings of one single geographic location, which could possibly be suffering an economic downturn, having a broader set of choices means a much better economic outlook.

How do international taxes work?

Normally the taxes are dependent on the country in which you are buying Real Estate and the country you are from.

Will I need to hire a real estate lawyer?

Although not mandated, you may want to seek the services of a real estate attorney to help with any legal issues or questions you may encounter along the way. A real estate lawyer can review the sale contract for you, check the title company and other documents relating to your purchase, and advise on legal and tax issues concerning your property. You can also appoint a title company to take care of your property purchase transactions.

Are there additional fees I will need to pay at closing?

Yes, the buyer is typically responsible for paying for the title search and insurance, legal fees and recording fees, amounting to an additional 1 percent to 2.25 percent of the total cost of the transaction. On a $300,000 home, that amounts to another $3,000 to $6,750. There is no purchase fee in the U.S. for buying a property.

What Does a Property Management Company Do?

Management companies deal directly with prospects and tenants, saving you time and worry over marketing your rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints, and even pursuing evictions. Plus, a good management company brings its know-how and experience to your property, giving you the peace of mind that comes with knowing your investment is in good hands. Finally, a management company is an independent contractor, so you avoid the hassles of being an employer.

How does international taxes work?

Normally the taxes are dependent on the country in which you are buying Real Estate and the country you are from.