Should You Invest In Abroad Properties?

For Indians, London, Singapore and Dubai are the most popular property destinations. However, adventurous home buyers seek locations like ranch-style houses in far flung Nairobi in Kenya and beachfront house in Muscat, Oman. However, Dubai is among the most preferred investment hotspot for Indian buyers. According to an official report, Indians are top foreign investors in Dubai's real estate market, with transactions of over 132.6 billion made by them during the first half of 2013, reports PTI.

Be cautious!

As a precaution measure, Indians who desire to buy property abroad should always keep in mind that each and every thing has pros and cons. Similarly, there are investment and liability risks which Indian buyers may face in a foreign country. There are countries where land laws for immovable properties are not transparent as well as complicated. It is better not to invest in properties that have no proper physical representation in India. Also foreign properties come with their own regulation and permission mechanisms.

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