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," explained one expat living in Myanmar.
Other Questions:
- What do I need to know before retiring in Myanmar?
- How do I meet people in Myanmar?
- What is life like in Myanmar?
- 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?
- Is the cost of living in Myanmar high?
- What advice do you have for expats having a baby in Myanmar?
- What are healthcare services like in Myanmar?
- Is the cost of living in Myanmar high?
- What type of recreational facilities are in Myanmar?
- What is the weather like in Myanmar?
- Are there good restaurants in Myanmar?
- Where will I buy groceries and do other shopping in Myanmar?
- What are the visa & residency requirements in Myanmar?
- Are healthcare and health insurance expensive in Myanmar?
- What do I need to know when buying property in Myanmar?
- Are foreigners allowed to own property in Myanmar?
- What appliances are typically included in a rental?
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: