Find answers to common questions about visiting and exhibiting at the Shanghai International Real Estate & Study Abroad Expo, including visas, universities and overseas property.
What should I check before buying property abroad?
Answer:
Before purchasing, make sure to:
Verify the developer’s reputation and track record
Check ownership rights and land titles
Understand local tax policies and inheritance laws
Visit the property or request a third-party inspection
Consult local legal and tax professionals
Doing proper due diligence protects your investment and ensures a smooth transaction.
Can I get financing or a mortgage for overseas property?
Answer:
Yes, many international banks and local lenders offer mortgages to foreign investors, though terms vary by country. Some require larger down payments (30–50%), while others may require proof of foreign income. Alternatively, buyers can use home equity loans or cross-border financing from their home country.
What are the main costs involved in buying overseas property?
Answer:
Besides the purchase price, buyers should consider:
Stamp duty and property tax
Legal and notary fees
Agent commission (typically 2–5%)
Maintenance and management fees (if renting out the property)
Currency exchange and international transfer costs
It’s important to calculate all these expenses to understand your real investment yield.
Is it possible for foreigners to buy property abroad without residency?
Answer:
Yes, in most countries foreigners can purchase property without having residency or citizenship. However, some countries have specific restrictions or require additional steps such as government approval or higher stamp duties. For example, Australia limits certain types of property purchases for non-residents, while the U.S. and U.K. are generally open to foreign buyers.
What are the most popular countries for overseas property investment?
Answer:
The most popular destinations for overseas property investment include the United States, the United Kingdom, Australia, Canada, Portugal, Spain, and the United Arab Emirates (Dubai). These countries are favored for their stable economies, transparent legal systems, and potential for both rental income and long-term capital growth.
