How To Invest In The UK From Overseas
Money comes from all over the world, so why should those outside of the UK be restricted in investing into one of the world's most valuable markets?
In this show, Simon talks you through how you can invest from abroad, or use money from overseas, to build your portfolio of properties, and make the most of your UK-based property adventure!
It's imperative that you have the right financial advice from someone who understand the local tax in your area of investment, It's also wise to be in contact with a mortgage broker there, as well as estate agents and property sourcers.
The first step is to set up a UK company. You can buy a property in your own name, but this is very difficult in terms of finance and taxation.
Make sure you have a valuable network of managers who can manage your property for you. Managing yourself is not a valuable use of your time, and will cost you far more in the long run.
No one knows when the market will bottom out. It's always best to look at the deals you like and decide for yourself when time is right. Is it going to make you money? If the answer is yes, then pull the trigger - but don't wait too long!
'I've actually purchased several properties that I've never actually visited'
'You need people on the ground that you can trust, and who can do a lot of the legwork for you'
'It's worth having a diversified portfolio. It's always good to spread your risk'
'Now is always a good time to invest'
If you are an overseas investor and want to learn more about investing in the UK who not join Simon for some live online training here:www.PropertyInvestingInTheUK.co.uk
To access the training mentioned in this show go to www.propertyinvestingintheuk.co.uk
To access more free Creative Finance Strategies visit www.creativefinancetraining.co.uk
Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi
To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20).
Register at Mindset For Property at - www.mindsetforproperty.co.uk
ABOUT THE HOST
Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32.
Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003www.pinmeeting.co.uk. pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors.
Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way. How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth.
Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book.
Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.
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