As ever some of the agents are'nt telling you the really vital stuff;
What happens to your money if you get dimensia - can other Brits sell it on your behalf
If you die how will your next of kin prove you paid the money into the country - it could sit in Government coffers for years whilst this is sorted
When you transfer the rent back to the UK what Tax will you pay in both countries and what are the fx risks
Honestly, you cant take risks with retirment money and there are many sharks out there who will relieve you of your cash in an instant, and that includes foreign lawyers.
Stick it in a high interest Building Society account and enjoy the interest of about 6.5%.
__________________
Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year 
|