need info on investing in properties overseas

[Stainz]

Hi, I'm thinking of buying property overseas, does anyone know anything about this? How are you taxed when you're not living in that country, how can the revenue be sent back to the country I live, any risks involved etc etc..
thanks in advance!

 

[Jumpem]

Not sure about the taxes, but just remember to be sure that the government of the said country is stable and friendly to the US. When the governments changed in Vietnam and Cuba they seized all American owned properties>

 

[Stainz]

hmmm is Howard good mates with Bush? (i live in australia)