There’s been a notable uptick in investors considering fleeing broad in response to increased taxation and slower house price growth, according to Polarius International Real Estate.
However moving abroad comes with their own complexities, in terms of tax rules, visa requirements and visa processes.
Rhodri Ellis Owen, director of Polarius International Real Estate, said: “The appetite to buy overseas has never been stronger – but neither has the confusion.
“We are seeing record enquiries from UK buyers seeking to move capital abroad, with Malta and Bali leading the pack are unaware of the hidden complexities.
“We are seeing people coming to us completely unaware of expected fees, lack of knowledge of different ownership structures or simply, yet many misunderstanding visa or residency requirements and timelines.
“The rules have changed significantly in recent years and buyers of international property need clearer, more reliable guidance.”
Polarius has created a selection of guides for those looking to move abroad.
