The Best Way to Buy in Romania
Date: 01/25/2008Saturday, Jan. 26, 2007
Read more about investing in international real estate in International Living Postcards—Saturday Edition
Last week, I wrote about investing in Bucharest. A couple of readers who own real estate in Romania took issue with the following statement:
“While foreigners can’t own real estate directly in Romania, setting up a Romanian corporation to hold the property is straightforward. And the corporation can be owned 100% by a foreigner.”
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The Best Deals in Montevideo
Date: 01/23/2008
Thursday, Jan. 24, 2007
Montevideo, Uruguay
Read more about Uruguay in International Living Postcards—your daily escape
I’ve been to enough property auctions in Uruguay now to know a good deal when I see one. I also learned that just because the location is good doesn’t mean the property will be…and that if an area is generally run-down, it doesn’t mean you won’t find high-quality properties there.
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A Little-known Panamanian Law Could Save You Thousands
Date: 01/22/2008
Wednesday, Jan. 23, 2008
Panama City, Panama
Read more about Panama in International Living Postcards—your daily escape
A little-known law in Panama means that you can get financing on your Panama residence at very low interest rates.
The law, due to expire at the end of the year, qualifies buyers of certain homes for mortgage interest rates of 2% to 3%.
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