Asked by Steve Culpan, • Fri May 23, 2008
I am looking at buying a holiday home in the Kissimmee area so I can holiday with my young family at the local attractions. Is it permissable for a UK citizen to wholly own property in the US?
I would be looking for a 4 bed (min) place, with pool and garage, in a desireable area, easy travelling distance from Disneyland.
I am in the situation where I can put a healthy deposit down and mortgage the rest (am self employed), or wait a while and buy cash. The former is my preferred option as I want to get things moving but don't know if this would be possible???
I don't wish to holiday let the property, just for my own and family use.
Which areas would be recommended and where should be avoided?
Thanks for any help and / or advice in advance
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