Earn Residency By Buying Property In These Five Top Retirement Havens
When you buy a piece of property overseas
When you buy a piece of property overseas, it can sometimes come with an important bonus—it can open the door to foreign residency. When it does, you not only have a second home in the traditional sense, but you’ve got a second home in a broader sense as well… a place where, when you go there, they have to take you in (to borrow a line from Robert Frost).
And this overseas residency will also provide you a gateway into the host country’s banking system and financial services sector, along with, sometimes, a potential path to citizenship.
Obtaining residency can be a hassle, requiring you to provide extensive financial records and check stubs to show you qualify. But, when you qualify as a property owner, you often shortcut a lot of red tape.
Here are five of my favorite places where you can obtain residency by buying real estate.
#1: Colombia Provides The Easiest Process I’ve Found For The Property Owner
I gathered the required paperwork specified on their website and walked over to the Ministry of Exterior Relations in Bogotá. There was a line outside when I got there, but they let us into the building at 7 a.m. I took a number… waited my turn… and left the building at 7:55 a.m. with
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