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Investing In Foreign Property In A Country Where You’re Not Living

“Kathleen, you give the best presentation, I have to say. Don’t change anything. It’s real and earthy and comes from the heart. I’ve appreciated your recent writing about Paris and France. I haven’t visited it yet, but France is on my list for places to visit and maybe buy.

“Unfortunately I will be out of town for your Orlando, Florida, presentation, and I’m sorry for that. I just wanted to show support for your realistic writing style.”

–Tom D., United States

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“Kathleen, would it be wise to invest in agriculture even if you are not sure of moving to that country?

“Would appreciate your reply.”

–Sherali V., United States

Investing in a country and living in a country are two different things that needn’t be connected. I recommend that you like any country where you decide to make a real estate investment at least well enough to want to visit to check on your property. However, it’s possible to make a hands-off property investment—a rental property, for example (if you have a good property manager), or, especially, an agricultural investment.

If you buy into a turnkey agricultural project, you could visit once as part of your pre-purchase due diligence and then never again if you didn’t want to. I don’t recommend that. I think it’s a good idea to check in on any investments you make overseas if you can. That’s not always possible, though… and this is a rule Lief and I break ourselves. We own a piece of land in Nova Scotia that we’ve never seen…

Continue Reading: Coastal Retirement In Valencia, Spain

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