Deciding to buy your dream home in a foreign land is a great idea, especially if you have already studied the country of destination, met the locals, and decided what kind of residence you need the most. It is a challenging process that always takes time, which means that you should not hurry and consider all the cons and pros of each proposal. Of course, even before you sign the final rental agreement, it is vital to have all your documents translated so the paperwork does not take too long. Make sure that you study it all with your legal advisor before you proceed any further. Your safety always comes first!
Documents to Translate When Buying Your Home Abroad
- Selected Property Documents Validity.
It stands for the utility payments like electricity, water, and housekeeping services. Always check twice to ensure that there are no debts because it is often the case in the countries like Spain and Turkey where some owners have previous debts and avoid relevant payments.
- A Purchase & Sale Contract In 2 Languages.
As a rule, it is the most important document that discusses your legal rights as you purchase the property abroad. It also lists the responsibilities of the real estate company and the person who sells the property to you. Remember to approach a certified translation services company to have them translate this agreement for you independently. By doing so, you will always remain safe and will see that both documents have the same content!
- Tax Number.
You can receive it at the local police station in most countries. If not, consider visiting the Bureau of Labor. It won’t take you long and you can also register your international driver’s license. You will also have to translate some documents for your car as it will help you to move around more freely. Having your driver’s license registered will also help you as you will never miss any important deadlines and will be able to explore the neighborhood on your own without anyone’s forcing you to stop here or there!
- Foreign Passport Translation.
The translation of your passport should always come first even before you buy property abroad. Just remember to check the correct spelling of the translated names, birth dates, foreign residence address, and any information that is unique to your case. You will help yourself a lot if you just take time to check these things manually. Make sure to request several photocopies just in case you need them for the bank account opening or any other cases!
- Power of Attorney Agreement.
Your agreement must be with a power of attorney signature. It is necessary to give it the necessary legitimacy. As a rule, always approach only certified translation specialists and consult with your legal advisor not only when you have certain concerns but when everything looks safe and sound. Always check if some additional documents like a criminal record check or your bank income report may be required. While it is usually not necessary, it may still be asked to check the safety of the real estate deal.
Permanent Residence or Only Summertime Visiting?
You should also consider certain aspects like taking care of your residence. Regardless if we are talking about a small studio apartment or a remote villa in the cozy Spanish countryside, you should learn all the fees that come along and have some company that would control all the matters related to water and electricity when you are away. Visit the country of destination both in winter and in summer to determine whether it works for you. It’s always helpful because some countries are totally different in winter and it might or might not be your thing! You have time to discover so use it wisely before you make your final choice.
BIO
Christian likes to travel the world and explore various cultures through the lens of technology, education, and a healthy lifestyle. He constantly seeks the most efficient solutions that can be applied anytime, anywhere. Follow Michael to learn something new and travel along as he discovers new amazing places and amazing ideas.