Moving abroad is an exciting time for any person but at the same time, it can be very stressful. You have to pack your stuff, manage all the documents and prepare your house for sale. For packing your stuff you can always look for the moving company that has an additional service and will help you to pack and unpack everything in your old and new house.
Documents can be managed in 2-3 months. However, there are many challenges you can face when selling a house. It usually takes time and actually people manage to sell the house when they are already abroad. But no worries!
Before you move abroad make sure that your house is ready for sale. Clean everything, remove all unnecessary furniture, clean up all your belongings and leave your house as empty as possible.
The selling process can be simplified by using a good agent to manage all the processes. However, be careful when choosing an agent. Choose the one that has good recommendations and has more than 10 years of experience in this field. Sometimes it is better to pay more for an agent than to try to save money on it and lose a lot of time and energy by finding buyers.
You always have to time your house sale process. This will help you to plan your finances and look for a house to buy abroad. If you do not have proper planning, you will face many difficulties and you can end up selling your house after 2-3 years you moved abroad.
Setting the right price for your home is the most important factor in the sales process. The most powerful technique for pricing your house is to spend some time looking at comparable houses. This will give you insight into how potential buyers see your home on the market.
5. Improve your property appeal
If your home has visible walls, floor defects, holes or other damage, you should remove them. This will help you sell your house much quicker because the first impression is important when buyers step into the house.
Each country has different rules and regulations with regard to taxes. Once you sell your property, you are most likely to be required to pay taxes in the country where your property is located at. As an example, you may have to pay for “Capital Gains Tax” as a United Kingdom resident. Another scenario is that some countries may have regulations to eliminate double taxation and some countries do not require this. Hence, it is crucial to look into the taxation laws within the countries involved as it can be vastly different.
Once you have sold your property overseas, you may want to transfer your money to another currency. The first reaction you may have is that you want to convert your money through your bank. However, it is cheaper to go through a foreign exchange provider as it can be 8x cheaper than your bank.
Compare-currency-exchange.com can help you with finding your foreign exchange provider. It is very important to be attentive to details to avoid any extra costs that can be incurred. You will be able to fill in the form here and you will receive up to 4 quotes from the providers.
DON'T SPEND YOUR TIME AND MONEY BY COMPARING LOCAL BANK FEES FOR CURRENCY EXCHANGE