Advice for investors released

New advice is set to be given to those who wish to invest in overseas property by the UK government.

It has released a series of tips - under The Foreign and Commonwealth Office arm - for those looking to delve into overseas property markets, including finding out about relevant health entitlements, reports Homesgofast.com.

Other advice includes obtaining a substantial amount of travel insurance and checking that this covers all bases.

Additionally, international investors are urged to check that they have a valid passport, plus carrying out checks on welfare rights once in a foreign country.

Buying a guide book of a particular area is also imperative in order to understand the local culture, the department suggested and this can be done before the departure date.

In related news, a growing number of middle-aged people are considering investing in places such as Spain, according to new findings from the Bank of Scotland.

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