Property abroad – what could go wrong?
One of the phenomena of recent years is the growing interest of Polish investors in purchasing foreign real estate.
This applies in particular to Mediterranean countries that are attractive to tourists: Italy and Spain. Many decades of limited wealth among Poles have meant that the market for investments in foreign real estate remains a young market. For this reason, some investors still fail to realise that behind the charming facades of Italian villas and Spanish residences there may be legal and tax surprises, resulting not only from the regulations in force in a given country, but also from the conditions of the local legal market.
In today’s article on Lexplorers, Aldona Leszczyńska Mikulska, attorney-at-law, takes a look at three markets popular among Polish investors: Italy, Spain and the United Kingdom.
Link to the article: https://tiny.pl/bpnp7v8z
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