Investing beyond borders: Smart moves for global homebuyers

For many Filipino investors, buying property abroad has evolved from a status symbol into a calculated skillset — diversifying assets and building generational wealth while gaining exposure to global markets. While the idea of international ownership is enticing, the process requires far more than enthusiasm.

While returns matter, the motivations for overseas property purchase are diverse. Some investors look at income generation through leasing in major urban business districts.

Others seek long-term capital appreciation in emerging prime areas. Many aspire to own vacation homes that double as lifestyle assets. And for a growing number of families, property near universities abroad is a strategic choice—securing stable housing for children while building an asset that can later be sold, rented out, or retained for future familial needs.

Whatever the motivation, the appeal lies in gaining both utility and investment value from a single decision. Research is essential, and often, hiring local experts like lawyers and property advisors to work with wealth managers may help in making more informed decisions.

Looking through the legal lens

Property laws vary across borders, and unconfirmed assumptions can be expensive. Countries differ in ownership restrictions, due-diligence requirements, and tax systems. Without a clear strategy, it is easy to underestimate the true cost of cross-border investment. But with proper planning, Filipinos can confidently navigate the global market.

Mere prestige should never be the driver of international real estate purchases. Before making an offer, investors often evaluate economic indicators such as market stability, rental demand, long-term capital appreciation, and government housing policies. While some destinations welcome foreign buyers, others impose ownership caps, land restrictions, or require local partnerships.

Knowing the legal landscape early protects buyers from surprises. It also helps to study transaction costs like stamp duties, transfer taxes, and property insurance, all of which differ significantly from country to country.

Diligence as key to security

One of the biggest misconceptions about owning overseas properties is that buyers must pay in full immediately. In reality, there are multiple financing paths, and choosing the right one can determine whether the investment is sustainable.

Inspecting properties in person (or through a trusted representative or local expert) is most ideal. On top of location and condition, buyers should verify land titles, developer track records, and existing liens. Legal consultation is also highly regarded, most especially when the country’s property law differs significantly from that of the Philippines.

It is also needed to review ongoing costs (such as property taxes, community dues, maintenance fees, and rental management charges) for those planning to lease the unit. These recurring expenses should be included in long-term financial projections to avoid overshooting expected yields.

Value over aesthetics

Investment goals should matter more than trends. Beachfront villas, high-rise metro units, and countryside estates may be attractive, but their value depends on the buyer’s goal.

Clarity is key—investors who define their objective early are less likely to overspend or purchase in markets that do not match their long-term vision. The right property does not depend on mere aesthetic, but on the investor’s overall wealth-building roadmap.

Cross-border real estate, therefore, must not be rushed. Successful buyers are those who take their time: studying the market, structuring their finances, consulting experts, and planning long-term ownership. It is a tangible opportunity that rewards strategy over impulse.

The best international portfolios do not start big; they start smart. With the right preparation, the next property purchase could place Filipino investors not just in a new home, but on a new global stage.

(Editor’s Note: This article is part of a special collaboration between Metrobank and BusinessWorld. Our aim is to explore the facets of living well for Wealth Insights readers, who value the finer things in life. From discerning choices in cars, dining, and travel to appreciating exquisite jewelry and, ultimately, the journey toward building a legacy.)