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Is it Time for You to Live Abroad?

At some point in your life, you may have to move from one place to another; however, very few will only consider moving to a completely different country. Is it time for you to experience life away from the U.S. and start living a new one in another country?

You may have traveled to a different country, but living in one is a completely different topic. However, immersing yourself in a completely different culture may be just for you.

If you have always felt that the place where you are at is not giving you the growth that you have always been looking for, then maybe you are at the wrong place. Others may also feel the need to return to their previous hometowns, as they have often felt that they left a piece of them from their earlier years.

As previously discussed here on Realty Today, HSBC has recently released the list of best places to live in overseas. Singapore ranked as the world's best place to live in for expats, taking into account their safety and growth opportunities.

In a report from Realtor.com, three Americans shared their experiences buying a home abroad and how they were able to successfully make the purchase. One of the issues that most people encounter when purchasing a house overseas is looking for a bank.

"We worried about securing a mortgage because foreigners have to jump through hoops to get loans from Costa Rican banks," said Jones Martinez, a former New Yorker, who got a house in Costa Rica.

While securing a mortgage for getting a house abroad can be a completely difficult task, the publication suggested on finding a good real estate lawyer, instead of an agent to help you make the purchase. It would also be great if you can simply find a purchase price that works for you and the seller.


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