- Can foreigners buy and sell property in the U.S.?
Yes, all people around the world without U.S. identification can buy and sell property in the U.S. The process is simple and transparent. There is NO restriction for foreigners to invest in the U.S. real estate market.
- Can foreigners have a U.S. bank account?
Yes, Realticx will open a U.S. bank account under your name or your corporation name per request.
- Do foreigners pay extra taxes compared with U.S. residents?
No, There is no extra tax for foreigners who buy real estate in the U.S. Many other countries such as Hing Kong, Singapore, England, Canada, Australia, etc. add 7% to 40% additional tax for foreign buyers. The United States does not impose on foreigners any extra tax when buying real estate in the U.S.
- Do the buyers need to pay commissions to realtors who represent them?
No, there is no commission that will be paid to buy the buyer. Always, sellers always pay the total realtors’ and brokers’ commissions.
- What would happen if a person who has the property died?
Individuals who have property in the U.S. must pay combined federal and state taxes if they would die (approximately 46% of their overall estate. However, Realticx has several strategies to avoid estate tax for foreigners including:
*Realticx establish a company in which the buyers own 100% of the company to avoid your estate tax.
*Realticx established a Long-term-life insurance policy for a buyer to protect the buyer from paying estate tax.
- Who has the legal ownership of real estate?
Investors owns 100% of each property.
- Who is responsible for legal status of the properties
Realticx gives buyers two main options for title and responsibility:
Investor Name: Real estate will be transferred under the name of investor
Limited liability Company: We register an LLC in the U.S. for any investor who owns 100% of LLC. Thus, there is no personal liability for investors.
- Can we invest with our friends and family for a property?
Yes, we can structure you a co-ownership with other people for a single property as a part of agreement you make.
If you have any other questions or need more information regarding buying properties in U.S., do not hesitate to contact us. Our experts will communicate you in the shortest possible time
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