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Finance for overseas property.

gocoastal's picture

Submitted by gocoastal on May 20, 2008 - 5:20pm.

Joined: 16/11/2007

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



May 22, 2008 - 11:59am

Joined: 11/11/2004

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: cameron@perryfinance.com

duckster's picture

May 22, 2008 - 12:19pm

Joined: 19/12/2004

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

Comments are of a general nature and may not be relevant to your individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.


gocoastal's picture

May 22, 2008 - 12:36pm

Joined: 16/11/2007

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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