Casza Answers
Can I Get a Mortgage Abroad as a Foreigner?
Quick Answer
Yes, many countries offer mortgages to non-residents, typically requiring 30-40% down payment, proof of income, and a local bank account.
Many countries offer mortgages to foreign buyers, though terms differ from domestic lending. Here's what to expect:
Countries Offering Foreign Mortgages
Easier to Obtain
More Challenging
Typical Requirements
4. **Bank Account**: Local account often required
5. **Property Valuation**: Bank's own appraisal
6. **Insurance**: Building and life insurance
The Process
4. Final approval (4-8 weeks typically)
5. Sign at notary with property purchase
6. Monthly payments begin