Financing Your Overseas Real Estate Purchase

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“Kathleen, what do you do about leverage outside of the United States? For example, can you get loans in Colombia, or do you need to pay all cash?”

–Andrew P., United States

In most of the world, financing for non-residents is difficult or impossible to organize, meaning you need to pay all cash for the purchase of real estate. In Colombia, specifically, some foreign sellers will carry back a mortgage, but the terms will be short and the interest rates higher than what you’re used to in the United States.

Continue Reading: Do You Really Need An Offshore Corporation?

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Live And Invest Overseas

Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.