The ten most common pitfalls when buying abroad

1 Picking the wrong location

2 Choosing the wrong sector

3 Failure to consider tax claims

4 Failure to secure adequate title

5 Local succession rights

6 Failure to take exchange rates into account

7 Failure to research local taxation systems

8 Failure to research an exit strategy

9 Failure to research interstate tax agreements

10 Failure to recruit local help