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Product Description
Passport to Exotic Real Estate: Buying U.S. And Foreign Property In Breath-Taking, Beautiful, Faraway Lands (9780470173305): Steve Bergsman: Books. Give the current condition of the domestic real estate market, buying a second home in desirable vacation or retirement areas within the continental United States has become a difficult endeavor. That's why many people are turning to the other regions of the world—from Mexico and Canada to Central America, the Caribbean, and the Pacific Islands.But if there's one problem with investing in properties abroad, it's uncertainty. One never knows when governments will change, if basic services will be available, if ownership rights can be protected, and how secure anyone's legal position is. For the serious second home buyer, there are a number of options to reduce these risks. Certain locations around the globe offer beauty and a measure of security, while others are, in fact, located on American-owned soil.In Passport to Exotic Real Estate, real estate expert and travel writer Steve Bergsman offers detailed advice on the benefits and challenges of buying property in more than a dozen locations around the world, including U.S. territories such as American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands as well as places a little closer to home like Costa Rica, Panama, and the Canadian province of Newfoundland.Though interviews with “locales” familiar with their real estate market—from developers, brokers, and agents to homeowners, resort operators, and attorneys—and firsthand stories of people who have gone through the buying process, Bergsman answers essential questions about each area, including: Are foreigners welcome? What visas are required? Can loans be secured? What are the tax implications? Are medical services nearby?Chapter by chapter, you'll be taken on a virtual tour of various lands and discover the pros and cons of each one. Bergsman provides you with timely tips to take into consideration before making any commitments and shows you how to go about purchasing everything from condos and single-family homes to undeveloped land.The prohibitive cost of desirable vacation and retirement areas within the continental United States, combined with the relative ease of modern travel, has made buying a second home abroad more attractive than ever. Read Passport to Exotic Real Estate and take the first step to securing an oasis of your own.
Shipping Weight: 2 pounds
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