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Seven reasons to buy an international property

Posted on 03 March 2017

With the arrival of springtime, now is the time to be making that trip to look at property abroad. Does that fire you with enthusiasm or make you weary at the thought of talking to estate agents and engaging a lawyer? If only we could just fly forwards in time to when the property is ours and we’re moving in for the first time!

But we can’t do that, so here we offer seven simple things to remember when we start to flag in our efforts to buy a home abroad.

  1. Smart goals

Simple, Measurable, Agreed upon, Realistic, Time-based. Put the processes into a time table and stick with it. If making your move abroad isn’t prioritised the world has a habit of dragging your plans down. Recognise that there probably won’t be a ‘perfect’ time, and even a life-enhancing purchase abroad will take some effort and entail some sacrifices in time and money. But it will be worth it!

One of your essential steps will be exchanging currency, and our trusted currency partner is Smart Currency Exchange. Click here to get a free currency quote from Smart Currency Exchange.

2. You’re not getting any younger

You are never too old to move abroad, but why wait? Whatever your age, now is the perfect time to start a new life overseas or buy that holiday property you have always wanted. Don’t wait to start living.

3. A safe investment in bricks and mortar

Brexit, protectionism, pivotal elections in Europe… the stock markets might be up at the moment but when it comes to long-term investments with fringe benefits, nothing beats bricks and mortar. It’s one of the few investments you can throw a party in!

4. It has never been easier to live abroad

Living abroad in 2017 has never been easier or the folks back home felt closer. Skype lets you talk to your mum any moment of the day, budget airlines can whisk you back on the cheap, the rise of “flylancing” (freelancing from anywhere in the world) lets you work from the beach, you can even get your favourite foods sent from home… Really, emigrants have never had it so good!

5. Golden visas

For now, UK citizens have continued rights to live and work in the EU, and vice versa. No-one knows what will happen in the future, but owning a property abroad before the UK leaves could well end up protecting your EU rights. If you have always wanted to spend some time in Spain, or learn French in the French Riviera, now is the time! There are likely to be reciprocal or continued rights after Brexit is all said and done, but just in case, don’t delay living out your European dream now.

6. Just what the doctor ordered

Living abroad is good for your health. In a study of British expats conducted by health insurer AXA PPP International, it was found that 61 percent of expats believed their physical health had improved by moving overseas, while 64 percent believed their mental health had improved.

7. You do have time

“If you can fill the unforgiving minute
With sixty seconds’ worth of distance run,
Yours is the Earth and everything that’s in it…”

To finish on a poetic note, Kipling makes a good point about our use of time. The processes of buying abroad are simple, well-trodden and not even especially time consuming. Come on, off the sofa, let’s do this!

For further information about how to buy a property abroad, get your free download of the Buying Overseas Guide, by clicking here.

 

 

 

 

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