Dec. 3, 2013, Panama City, Panama: Some countries allow for financing for foreigners to purchase real estate, some do not, or have tightened their allowances considerably in the face of the economic downturn. Here are your options for financing as a foreigner...Dear Live and Invest Overseas Reader,
It is not possible in much of the world for a foreign buyer to borrow money locally for the purchase of real estate. No bank will lend to you. And, in places where it is possible for a foreigner to borrow locally to buy property, you won't find the terms as appealing as they can be in the United States.