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Teachers who have purchased property outside their country
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web fishing



Joined: 02 Jun 2005
Posts: 95

PostPosted: Tue Aug 23, 2005 11:37 am    Post subject: Reply with quote

I'm with you Qatarchic. I'm becoming interested, too. I have some friends who bought something in South America and Thailand. But India is looking good.
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cmp45



Joined: 17 Aug 2004
Posts: 1475
Location: KSA

PostPosted: Tue Aug 23, 2005 1:27 pm    Post subject: the proper property Reply with quote

Hi Web fishing and Qatar chic,
Yeah, you would think with a lucrative Saudi Arabian salary I should have it all saved up by now. Trust me, it's just not so cut and dried as all that.
I am managing to put away some for the $$$$ for property. It seems by previous posts and from what I have learned so far the best bet is to pay it all in cash. I was just curious about loans and if it were possible to obtain one; to speed up the process cuz am eager to have a home base. (and yes be in debt again but would be great to have that place to go to every summer and holidays)
Like qatar chic it is still good to investigate and look around. I am rather nomadic at the moment and have to say that traveling during holidays/ school breaks are the big reason for shortage of cash. I guess if I stayed home and never went anywhere and was miserly I could have bought something a few years ago LOL Just not my style.
I guess for the next few years I can continue to enjoy looking around.
If I find any more "proper property" information I will pass it on.
Cheers
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QatarChic



Joined: 06 May 2005
Posts: 445
Location: Qatar

PostPosted: Tue Aug 23, 2005 3:11 pm    Post subject: Reply with quote

ooooh! Shocked which part of South America did they buy property in web fishing? Sounds interesting Very Happy

CMP yeah it's funny, most people think that just because you live in the Gulf you make a fortune! Shocked Very Happy It's not necessary the case. But salaries are higher than elsewhere, I admit that.....
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web fishing



Joined: 02 Jun 2005
Posts: 95

PostPosted: Tue Aug 23, 2005 8:31 pm    Post subject: Reply with quote

It's in Ecuador. House and farm land for something like$50,000. They said they fell in love with Ecuador after their first visit. I never been anywhere in S. America, I couldn't tell you how lovely it is. It would be ideal to purchase property in S. A. since I'm American. The commute from the US would be less than going to India, and a lot cheaper. Laughing
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Justin Trullinger



Joined: 28 Jan 2005
Posts: 3110
Location: Seoul, South Korea and Myanmar for a bit

PostPosted: Tue Aug 23, 2005 10:57 pm    Post subject: Reply with quote

Ecuador is lovely, trust me. I'd be wary of property prices, though, as the economy isn't what you'd call stable. It's riding high, on high oil prices, right now, but most experts say the oil will last less than 25 more years. Then, plummeting awaits. Or maybe sooner, as last weeks protests, shutting off oil production, show. The value of anything in this country can go down, or less commonly, up, at the drop of a hat.

Regards,
Justin
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2 over lee



Joined: 07 Sep 2004
Posts: 1125
Location: www.specialbrewman.blogspot.com

PostPosted: Wed Aug 24, 2005 4:31 am    Post subject: Reply with quote

"One of the most remarkable things about the Chinese is their power of securing the affection of foreigners. Almost all Europeans like China, both those who come only as tourists and those who live there for many years. In spite of the Anglo-Japanese Alliance, I can recall hardly a single Englishman in the Far East who liked the Japanese as well as the Chinese. Those who have lived long among them tend to acquire their outlook and their standards."

Bertrand Russell, 'The Problem of China'.

I think you left this out of your original quote Zero.

http://www.gutenberg.org/files/13940/13940-h/13940-h.htm#CHAPTER_XII
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Zero Hero



Joined: 20 Mar 2005
Posts: 944

PostPosted: Wed Aug 24, 2005 5:27 am    Post subject: Reply with quote

The excerpt you quote does not fall between the first and last word of the passage I quoted. Therefore I did not 'leave it out'.

Working by your 'logic', I 'left out' the rest of the book.
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QatarChic



Joined: 06 May 2005
Posts: 445
Location: Qatar

PostPosted: Wed Aug 24, 2005 5:48 am    Post subject: Reply with quote

Shocked $50 000 for land and a house? Shocked
Wow- not bad at all!

I have seen property in Fez- located amongst hills and streams for around �20, 000...around humm in $...I dunnno you could check on xe dot com Very Happy

Get this, in the UK you get a teeny weeny apartment, with one bedroom and prices start from �90, 000 and people wonder why Brits move abroad to buy property..... Rolling Eyes
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ContemporaryDog



Joined: 21 May 2003
Posts: 1477
Location: Wuhan, China

PostPosted: Wed Aug 24, 2005 6:26 am    Post subject: Reply with quote

QatarChic wrote:
Shocked $50 000 for land and a house? Shocked
Wow- not bad at all!

I have seen property in Fez- located amongst hills and streams for around �20, 000...around humm in $...I dunnno you could check on xe dot com Very Happy

Get this, in the UK you get a teeny weeny apartment, with one bedroom and prices start from �90, 000 and people wonder why Brits move abroad to buy property..... Rolling Eyes


You can buy houses in France and Spain for 20,000 quid or so, in the countryside.

Never mind 90,000 for a one bedroom apartment. An old work colleague of mine sold her STUDIO 'apartment' (basically a large bedsit) which she purchased from her Local Authority for 12,000 under the 'right to buy' scheme, which was located in Forest Gate (a drab area of East London), for 95,000 pounds in 2002. I couldn't believe it...

The house prices in London are just unbelievably crazy. Now you have to be rich just to buy a family-sized house in the most rundown area.q
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QatarChic