Investing Advice

If you are thinking of investing money in real estate for your children, consider that full ownership of land in Pakistan requires the owner to live on the land and have title to it. If you are living outside Pakistan you will not have one of two things. In addition, transferring land to your children, in case you pass away, can be a real headache, take lots of time and money. If the ownership gets disptued by someone, your children may not see the money ever. They will need to get National ID cards, hire lawyers and process applications that can require bribing officials, even when one is not trying to do anything illegal.

regards,

bob