In theory yes, as properties are about half the price and about twice the size.
My family lives in the states, I am in the UK, and I wanted to get a buy-to-let out there. But from what i could see, you can’t get a mortgage (either on this end or that) for an overseas property.
So I don’t think it’s a real option for anyone.
jk_thego said: 2010.02.08 00:22
Much cheaper options would be Bulgaria or Croatia. Especially if your buying to rent. If your buying to live, then Euro is still easier as working permits for US are few and far between. There are specialist web sites where you can check your ability to apply for work abroad based on a points system.
'Dr Greene' said: 2010.02.08 01:04
You are right about the exchange rate, but I don’t know if there are rules proventing overseas ownership to steer around. I’m sure one of our US Yamsters will let us know.
I’d love to live in the states if they’d have me, as would many of the people I know. Last one out turn the lights off?
In theory yes, as properties are about half the price and about twice the size.
My family lives in the states, I am in the UK, and I wanted to get a buy-to-let out there. But from what i could see, you can’t get a mortgage (either on this end or that) for an overseas property.
So I don’t think it’s a real option for anyone.
Much cheaper options would be Bulgaria or Croatia. Especially if your buying to rent. If your buying to live, then Euro is still easier as working permits for US are few and far between. There are specialist web sites where you can check your ability to apply for work abroad based on a points system.
You are right about the exchange rate, but I don’t know if there are rules proventing overseas ownership to steer around. I’m sure one of our US Yamsters will let us know.
I’d love to live in the states if they’d have me, as would many of the people I know. Last one out turn the lights off?