Building Projects and Escrow Safety
Key safeguards for diaspora clients funding construction or property projects from abroad.
Define the project in writing
Document the scope, materials, milestones, budget, contractor responsibilities, and process for approving changes before work begins.
Separate payments from promises
Use milestone-based payments supported by invoices, receipts, and evidence of completed work. Avoid sending large undocumented cash payments.
Consider independent oversight
Use an independent quantity surveyor, project manager, or trusted professional to inspect progress and report back with dated evidence.
Resolve disputes early
Include a written dispute process and keep communication in a form that can be reviewed later if the project falls behind or funds are misused.
This guide provides general information, not legal or consular advice. Confirm current requirements with the relevant official authority and seek independent professional advice for significant transactions.