Buying overseas?

[DanielN]

Just a quik question in regards to buying overseas, my friend is wanting to buy in Columbia as he plans to migrate there in 4 - 5, he asked me i knew and i thought you guys would be the best guys to ask..
How would he go about buying over there? In terms of getting a loan with a Columbian bank etc? I have all ready researched if foreign ownership is avabilable and it is..
Any advise guys??

Cheers in advance=)

 

[BayView]

I would suggesting that he wait until he gets there, get established and have a chance to learn their system and procedures, as well as learning the market/s to find the good and bad areas.

Either that or go over there for a month or so to do the above, but who has time to do that?

 

[Perp]

With apologies to those who've heard me sing this website's praises before, I would refer your friend to the Colombia page of Global Property Guide:

http://www.globalpropertyguide.com/Latin-America/Colombia