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⍰ ASK How does the process of selling offshore real estate differ from selling domestically?

Selling property offshore has unique challenges. Foreign regulations can impact the sales process requiring understanding of local laws and currency exchange rules.

Language barriers may complicate negotiations making it important to involve local real estate expert. Potential buyers may face approval hurdles or residency requirements.

Tax implication like capital gains and withholding taxes differ from domestic sales, requiring international tax advisors for guidance and to optimize the financial outcome.
 

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