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Power of Attorney

Completing a Power of Attorney: A Guide for Expats Working with PlanB Builders

For overseas Pakistanis looking to invest in property back home, navigating the legal and logistical hurdles can seem daunting. At PlanB Builders, we simplify the process by offering a seamless experience that allows you to grant us the necessary authority to act on your behalf through a Power of Attorney (PoA). This legal document enables us to purchase a plot, construct, or manage property investments for you, ensuring that you can secure your future without the need to be physically present in Pakistan.

What is a Power of Attorney?

A Power of Attorney is a legal document that allows one person (the “principal”) to grant another person (the “attorney-in-fact” or “agent”) the authority to act on their behalf in legal or financial matters. In the context of property investment, this means that PlanB Builders can handle tasks such as purchasing land, overseeing construction, and managing property affairs, all with your consent.
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Step-by-Step Process for Expats

1. Consultation with PlanB Builders:

Start by scheduling a consultation with our team. We will explain the power of attorney process, answer your questions, and discuss your specific needs and goals regarding property investment.

2. Drafting the Power of Attorney:

Our legal team will prepare the PoA document tailored to your requirements. This document will specify the powers you are granting to PlanB Builders, including purchasing plots, constructing homes, and managing property-related activities.

3. Reviewing the Document:

You will receive a copy of the drafted PoA for review. It’s essential to read through the document carefully to ensure it aligns with your intentions. We encourage you to ask any questions or request modifications at this stage.

4. Notarization

Once you approve the document, it must be notarized to be legally valid. You can complete this step at a local notary public or, if required, through a Pakistani consulate or embassy in your country of residence. The notarization process is a straightforward and common practice for expats.

5. Sending the PoA to PlanB Builders:

After notarization, send the signed and stamped PoA back to us. You may choose to send a scanned copy via email for immediate use, while the original can be sent by courier.

6. Property Investment and Management:

With the PoA in place, PlanB Builders can begin acting on your behalf. Whether purchasing a plot, initiating construction, or managing your property, our team will handle all transactions, keeping you informed every step of the way.

7. Regular Updates:

Throughout the process, we ensure you receive regular updates on project progress, financial transactions, and any decisions that may require your input. Our communication channels are open, and you can reach out at any time for questions or concerns.

Common Practice for Expats

Granting a Power of Attorney is a common and accepted practice for expatriates investing in property in Pakistan. Many overseas Pakistanis rely on this legal mechanism to facilitate their investments without the need for frequent travel back home. Our team at PlanB Builders is well-versed in the legal requirements and procedures, making the process smooth and hassle-free for you.
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Conclusion

With PlanB Builders handling your Power of Attorney, you can confidently invest in property in Islamabad from anywhere in the world. Our commitment to transparency, quality, and regular communication ensures you remain informed and involved, providing you with peace of mind as we manage your investment on your behalf. Let us help you create your “Plan B” with ease and efficiency.
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