Hi Frunzy,
How do you know that overseas property is the best investment alternative available to you?
Have you considered bond; commodity or equity funds?. Have you considered paying off your mortgage instead?. What about topping up your pension payments or buying art, wine or antiques?
I am not as biased against overseas property as an asset class as you might think, but there are so many investment alternatives out there (including a simple savings account) that you ought to consider as many of these as possible and chose the one that suits your investment requirements (tax, time horizon, liquidity etc) the best. As a results of this exercise an overseas property fund may indeed be the ideal investment vehicle for you but I am interested in finding out how you came to this conclusion.