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What a nonresident should know about buying a home in the U.S. for her children

What a nonresident should know about buying a home in the U.S. for her children
Monday 13
13:54 2020

A: Noncitizens buy real estate in the United States all the time. Some of these buyers are institutional investors or foreign corporations, but most of them have some sort of presence in the United States and pay taxes here. As you'd imagine, these foreign entities often buy large apartment complexes, shopping centers, office buildings and the like, but foreign investors can also buy single family homes, high-end condos and other forms of residential real estate. Sam has represented a number of sellers who have sold condominiums in the Chicago area to nonresident buyers. And, he has represented a couple of ...

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Washington Post : What a nonresident should know about buying a home in the U.S. for her children

Summary: Foreigners buy homes in the United States all the time, but it's usually difficult to do so with a mortgage, as most buyers would.

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