can foreigner buy property and rent it to someone else?

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lsac0902
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can foreigner buy property and rent it to someone else?

Post by lsac0902 » Thu, 15 Oct 2009 1:19 pm

Does anyone know? We don't have enough to buy for ourself as banks will ask for 20% cash, but can buy a small unit as an investment.

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econoMIC
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Post by econoMIC » Thu, 15 Oct 2009 3:22 pm

Yes if it is a private property but there are certain regulations. I suggest you use the search function in the forum (upper right) as this has been discussed in detail before.
a.k.a. littlegreenman

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