What do I need to know when buying property in Myanmar?
When we asked expats what advice they would give a foreigner before buying a property in Myanmar, they said...
"1. It is important to research the local laws and regulations regarding property ownership in Myanmar before making any purchase. 2. It is advisable to hire a local lawyer to assist with the purchase process and to ensure that all legal requirements are met. 3. It is important to ensure that the property is free from any encumbrances or liens before making a purchase. 4. It is important to obtain a title deed for the property, which will provide evidence of ownership. 5. It is important to be aware of the taxation requirements for property ownership in Myanmar. 6. It is important to be aware of the local customs and traditions when purchasing property in Myanmar," remarked another expat in Myanmar.
Other Questions:
- What should I pack when moving to Myanmar?
- Where should I setup a bank account in Myanmar?
- Will I be able to find a job in Myanmar?
- What is life like in Myanmar?
- What do expats in Myanmar appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Myanmar?
- Is there a lot of diversity? Are people in Myanmar accepting of differences?
- What are the schools in Myanmar like?
- What are healthcare services like in Myanmar?
- What are medical services in Myanmar like?
- Are healthcare and health insurance expensive in Myanmar?
- What are emergency services like in Myanmar?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Myanmar?
- How are local medical facilities in Myanmar?
- As a foreigner living in Myanmar, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know when buying property in Myanmar?
If you live in Myanmar, newcomers to Myanmar would love to hear your answer to this question: