Residence Permit

When making a property purchase, one may need to seek advice on the procedure for obtaining a residence permit. Buying property abroad is not always is to receive a full package of civil rights to foreign property owner. As a rule, is quite the opposite – the right of the owner of a house or apartment are significantly limited. Acquisition real estate in a particular country may be only a first step towards obtaining a residence permit or to work and do business in this State. By and large, no single country is not ready grant citizenship to the buyer of real estate on its territory immediately after making the relevant documents. Residence permit to get is also not so easy. In most cases, the first time, tenure can be rely only on concessional obtain business or tourist visas, the duration is limited. Only invest in a state of its legislation the amount, creating jobs for citizens of the country is rapidly developing its own business in the state, we can accelerate the receipt of permits.

Today many talk about how beneficial is to invest in overseas property. Indeed, house prices in Europe, albeit not very fast, but growing, and putting money into it warrants, though not significant increase, but at least the preservation of capital. Trimming the higher profit it is quite possible when buying property in countries where it is rapidly becoming more expensive. For example, in Egypt, where rising real estate prices of 30 – 40 percent a year..