“Financing is available for this purpose from a few banks, but at less favorable terms than in the USA. You won’t find a regular 30-year mortgage, for instance. The best most banks offer is a five-year mortgage on 50% of the purchase price with a balloon payment at the end. Interest rates are higher, too. After five years, you can roll over the mortgage for another five years. But you might not need to… a recent change in the law lets you sell your real estate five years after you qualify for citizenship. You can even sell it to someone else seeking economic citizenship.”
http://nestmann.com/how-to-finance-a-second-passport-and-more
Related posts:
Bitcoin Transcends Novelty Status
15 Percent of Malls To Close Due to Online Shopping?
The Single Best Investment Opportunity Today
A Few Years Ago, A Mexican Drug Lord’s House Got Raided...
Pay me in gold: Romania's new term as it gets more of Rosia Montana
Documents reveal U.S. sells arms to Bahrain’s anti-democracy government crackdown
The World’s Email Encryption Software Relies on One Guy
People Love Being Dehumanized by the Security Apparatus
Bitcoin Still A Bit Player For Hedge Funds
Groklaw Shuts Down Over U.S. Internet Surveillance
India Bank Adviser Proposes Regular, 'Surprise' Cash Bans
One nation under drugs, with slavery and sickness for all
Maker Of Candy Crush Game Just Filed For A $500 Million IPO
Leave “My Cash” Alone, Says Oklahoma Sheriff
Colorado passes laws for the legal sale of marijuana beginning Jan. 1