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Homes > Costs &
Benefits
Extra costs:
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Taxation - this will vary enormously from country
to country, so it is very important you look into the countries
policies on this.
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Sales commission
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Conveyance fees
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Stamp duty - some countries impose extremely high
stamp duties, although these may come under general taxation issues.
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Also consider the costs of communicating with, and
visiting the country.
There can be other fees, not mentioned here, so it is vital that before
purchasing a property, you familiarise yourself with all possible
costs you will incur.
Benefits:
Besides the obvious benefit of owning a home in another
country for personal pleasure, the financial benefits can be huge. In
some countries, the property markets are their biggest growth industries.
Therefore a property bought abroad could become a considerable personal
asset.
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