Property and second home investments are increasing day by day. As the prices of property here and abroad are going to increase and no chance for any reduction in home rates people who have the finances are also considering investing in second homes abroad. UK, Australia, Europe and many small countries have competitive rates for housing. As many countries are open to offering home loans for buying property abroad NRIs can avail loans and buy property for investment in UK. If you are a travelling freak and love to visit different countries for vacations then this is the most sane decision. You save on spending on hotel staying costs and the property rate will always appreciate in value. While investing abroad in property or second home it is always better to take advice and consult a financial advisor before beginning any foreign investments. The income tax deductions and payment, the concessions and tax savings or payments of extra taxes will also be considered while investing in any ...