The current economic situation in the UK is bleak and this can be a particularly stifling time for entrepreneurs. One solution is to look to markets overseas which are still growing such as Turkey. Entrepreneurial skills can still come in useful within other countries as long as several important rules are followed.
When you arrive in a new country for business purposes ensure that you have the correct visa to either work or invest. This will help secure any financial capital that you bring into the country from unnecessary interference.
At the outset you may wish to find a commercial property to let. Often specialist property companies will exist to deal with foreign expatriates' rental needs which may be very different to the national business owners. A good starting point can also be websites such as Craigslist which are active all over the globe. Be aware of all hidden costs when signing a rental agreement overseas. What does the monthly rental amount cover - will you be responsible for providing furniture and fittings etc. Standard rental principles in foreign countries are not necessarily the same as the UK. In the event of a problem further down the line it is the former principles you must abide by so make sure you know exactly what they are.
If you intend to buy property then make sure you seek legal advice within the country as laws concerning property ownership can vary from country to country. In some countries it may not be possible for a foreign individual to actually own the title deed to a property and therefore alternative solutions to ownership will have to be researched. See the advice of a trained legal professional within that country.
Travelling overseas to work can be an extremely exciting adventure. However, when you are investing in any country, even at home, it is always important to be fully prepared.
