How to buy property in London as a foreigner: Easier than you think

[@Freddie-09]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.,

[@Elliot-Ivan]

I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...

[@Freddie-09]

@@Elliot-Ivan That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

[@Elliot-Ivan]

@@Freddie-09 My advisor is VICTORIA CARMEN SANTAELLA;

[@Elliot-Ivan]

You can look her up online

[@Elliot-Ivan]

Nah I Can't say I can relate, VICTORIA CARMEN SANTAELLA charge is one-off and pretty reasonable when compared to what I benefit in returns.

[@ec345cayman]

How many days can you live in the place per year without becoming a tax resident (as an American 🇺🇸)?

[@mysticdragon77]

Are there any property taxes due annually like in the US? I don't really see any mention of it in videos as part of the annual cost of buying.

[@UgoArinzeh]

Hi! Thank you for this feedback. We'll make sure to create videos that are more comprehensive. To answer your question, yes, there are property taxes due annually in the UK, if you buy while you are overseas. The property tax in the UK is called Council Tax and it is paid to the local council. The amount of Council Tax you pay depends on the value of your property and the local authority. You may also have to pay additional taxes depending on the situation of your property.

[@kursatosmanoglu6888]

Extremely helpful. Are there any barriers for foreigners who are non residents to open bank accounts in UK?

[@UgoArinzeh]

There may be some barriers most UK Banks require proof of residency and a UK address before opening an account. Non-residents may also be required to provide additional documentation from their home country. Additionally, some banks may require a minimum balance or charge higher fees for non-resident accounts. It's best to look at the specific bank you are attempting to open an account on as a non resident.

[@Fgh-iy1hw]

I am selling my house to a cash buyer

[@wheretv6434]

Around how much will the buying agent charge?

[@UgoArinzeh]

Thanks for your question! 😊 The cost for a buying agent can vary depending on the property and services involved. If you’d like more details specific to your situation, feel free to email me at [e-mail], and I’d be happy to assist you further! ✨

[@liszaf3976]

Can you recommend a mortgage broker please for Expats, I already have property thank you

[@Manpreet0891]

I have a question- if one buy property in London then can he / she can get residency of London?

[@UgoArinzeh]

Buying a property in London does not automatically Grant residency in the UK. However, there are different visa and residency options available for individuals who want to live in the UK. It is important to consult with an immigration specialist to explore the available options and to plan the best course of action.

[@RiazADAM-rf8te]

Hi. Can we buy a property if we from South Africa. We need help to invest in London propert

[@UgoArinzeh]

Hello. You absolutely can buy as a foreign national from South Africa. U.K. welcomes foreign buyers and you will be able to get financing. If you would like to know more or arrange a free initial consultation, please reach out via whatsapp at [phone] or email: [e-mail].

[@NeptuneKnives]

Service Charge aka HOA fee Keep it simple

[@Eleielea]

Amazing information, exists any state agency specialized to treat with latinos?

[@Fgh-iy1hw]

I am selling my house to a cash buyer

[@NeptuneKnives]

40-50% tax rate wtf?.. also why you talk so slowly

[@alexocampo1571]

Better to flow from planning to contract signing❤