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What do I need to know when buying property in Brit. Virgin Isl.?

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When we asked expats what advice they would give a foreigner before buying a property in Brit. Virgin Isl., they said...

"When buying property in the British Virgin Islands, it is important to understand the local laws and regulations. It is also important to research the area and the property thoroughly, including any zoning restrictions or other restrictions that may apply. It is also important to understand the tax implications of buying property in the British Virgin Islands, as well as any other fees or costs associated with the purchase. It is also important to ensure that the property is properly surveyed and that all necessary paperwork is in order. Finally, it is important to work with a qualified real estate agent or lawyer to ensure that the purchase is completed properly and that all legal requirements are met," said a member in Brit. Virgin Isl..

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What do I need to know when buying property in Brit. Virgin Isl.?

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