A: Yes. Some banks offer financing for foreigners and we will list the basic documentation needed below:
– Copy of valid passport and visa;
– Last 3 months of bank statements, showing the amount that will be used as a down payment or the initial payment in the purchase of the property;
– Copy of the accountant’s license in your country;
– Letter from the employer showing salary for the last 3 years or income tax return, if self-employed or entrepreneur.
A: Yes, there are several financing programs available to foreign investors. Including programs that only use a letter from the accountant or even bank statements only as proof of income.
A: The down payment required for a foreign buyer is 25% to 35%, depending on the financing program the investor will choose. Interest is around 5 to 7% a year.