All Topics / Finance / Finance for overseas property.

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  • Profile photo of gocoastalgocoastal
    Member
    @gocoastal
    Join Date: 2007
    Post Count: 14
    May 20, 2008 - 7:20 am

    Can anyone shed some light on obtaining finance for property in South America..I have been looking at a hotel complex and have a decent deposit.I work in Australia , but partner is from South America..any feedback appreciated,thx

    Profile photo of MortgagemanMortgageman
    Participant
    @mortgageman
    Join Date: 2004
    Post Count: 164
    May 22, 2008 - 1:59 am

    Hi Go Coastal,

    In which country are you looking? Generally the best bet is dealing with international banks like HSBC who have a presence there. Also, how much are you looking to borrow?

    Kind Regards

    Cameron Perry
    Perry Financial Strategies
    Level 13 / 30 Collins Street
    Melbourne VIC 3000
    Ph: (03) 9662 1999
    Fax: (03) 9662 2044
    email: [email protected]
    Profile photo of ducksterduckster
    Participant
    @duckster
    Join Date: 2004
    Post Count: 1,674
    May 22, 2008 - 2:19 am

    City bank are an international bank also that would be worth investigating.

    Profile photo of gocoastalgocoastal
    Member
    @gocoastal
    Join Date: 2007
    Post Count: 14
    May 22, 2008 - 2:36 am

    thanks , i did do a search, the only bank i could see with a global presence is abn amro.I am not too sure though if the do business loans,finance etc..

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