Hey everyone,

I am from Scotland originally (Ayrshire to be exact) but have lived in Bermuda now for about 7 years.

A long way from home and it can certainly make it difficult to do any property investing, but I am willing to learn as much as possible and get on the "property as investment" industry.

Am a Chartered Accountant by trade so if any of you have any UK based accounting questions please feel free to ask, would be more than happy to help.

Any advice on property investing would also be very much appreciated. I don't have particular locations in mind for investing - very much open-minded when it comes to these things - have been looking as far afield as Turkey and the US so no opportunity would be ignored.

Anyway, hopefully I will get to know a lot of you a whole lot better in the coming months and years.

Wishing you all a very prosperous property investment journey !

Craig

Hi Craig,

Welcome to the forums, a great place to learn and prosper ;)

Have a look at this link.. for foreign property deals...

http://www.property-system.com/phpBB...forum.php?f=14

However there is plenty of great stuff in these forums.. just start searching and reading :D :D :D :D

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Hi Craig, welcome to the forum

welcome to the forum craig...

Craig, a fellow Scot! Welcome and hopefully we'll get a chance to chat property one day.

Regards,

Greg

Hi Craig

Just wanted to say welcome to the forum, you have chosen a great time to join...

Good luck with all your property ventures.

Kind Regards

Robert Clark

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Thanks very much for the good wishes everyone - it is certainly nice to be amongst like-minded people.

And if any of you are ever in Bermuda remember to drop me a note and I would be happy to show you some of the sights and take you for a beer or two.

As it happens my wife and I are planning a trip your way so if it comes together I will send you a mail and take you up on that offer of a beer!

Regards,

Greg & Suzy

Absolutely Greg - will be more than happy to host a beer or two with you and your good lady.

Weather is starting to pick up now so hopefully we are seeing summer.

When the time comes if you need any info on things to see or do then let me know, certainly can help in that regard too

Hi Craig,

How did you end up in Bermuda if you don't mind me asking?

Welcome!

deep

Hi Deep,

Firstly, thanks for the opportunity to be a member of this group of like-minded individuals !

As for me ending up in Bermuda - I always wanted to travel so when I qualified as an Accountant (back in 1997 - makes me feel old) I had a colleague who had been here for a year and loved it, it was English speaking and is still a British colony - made it a very easy transition.

We had :

1. Someone we knew with personal experience of the island
2. No language barrier
3. Security knowing it was still "owned" by the UK.

3 tick marks which we wanted to see.

The downside is that we are approaching 7 years and starting to build some savings - but getting into the property market from afar is slightly concerning for me (I like to be close to the market I am operating in) - So any assistance that any of you may be able to provide in how to obtain "ex-pat" mortgages/loans would be greatly appreciated.

I would say that I could watch the Bermuda market for you all too - but the prices here are astronomical AND any ex-pat purchaser has to pay 20% on TOP of the actual asking price (it is the government's way of trying to deter the foreign investor).

Hi Craig.
If you're interested in the US, I'm currently doing short sales in Florida.
Regards
Frank

Hi Craig,
Welcome to the forum. It's great to see members overseas. I was an expat for 27 years and it was worrying to invest in the UK. I got lucky since an old friend and business colleague fronted up for me in the early days, and never let me down. Now I'm living in blighty, it's a whole lot easier.

I may take you up on that offer to meet in Bermuda. But for the kids, my wife and I would be off trotting every 3 months or more frequently.

About the expat mortgages, I recall recently reading a Money Centre article about how many lenders are now treating UK expats on the same terms as UK residents (from a cost perspective) for BTL. I'm a past customer, and found their service exemplary. Drop a line to Doug Lowther there and ask him for some guidance / advice. I am sure he will help you research products. I use another broker now, but since you are remote, you may well find that their services are worthwhile.

dlowther@themoneycentre.net

There are other members on here who offer broking and complete deal services. I am sure if you put a post for help in the general chat section, you will receive many offers for help, paid or unpaid


Regards, Gerry

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Thanks very much for the welcome everyone, very much appreciated.

Thanks for the info Gerry - it is a bit daunting so far from home but hopefully we will find our feet swiftly.

If you make it out this way feel free to drop me a line and beers are on me.

Hi Craig,

Nice to see a fellow Scot with a tan You have made the right choice with this forum, the advice and help with all manor of things is truly overwhelming. Stef and I are based in Edinburgh but if you need anything just give us a shout, always willing to help others when I can.

So good luck and happy property buying

Mark n Stef :D 8)