Can Foreign Nationals Own Property in USA?

Foreigners are free to purchase real estate in the USA. There is an abundance of finance and mortgage facilities available to foreign investors in all areas of the States.

Why should I choose USA?

USA is a popular destination for those seeking a part of the American Dream. Air connections to the USA are numerous and well priced, making for a viable foreign destination in which to purchase a second home or indeed invest in the USA’s booming tourist market.

It is easy for foreigners to purchase property in USA, while a tried and tested, transparent system is in place, making property an enticing option, particularly as current Sterling and Euro rates are allowing investors to stretch to purchasing properties that would otherwise be beyond their reach.

The sheer expanse and variety that the USA offers property purchasers means there is something to please every taste. With a current slowdown in the market, many investors are taking advantage of reasonable prices in hotspots such as Florida and Las Vegas, which retain their appeal and market buoyancy. Tourist locations are firm favorites amongst foreign investors who enjoy a second home or cash in on buy-to-let yields from their investments in high demand resorts where returns are high.

There are no restrictions to foreigners owning property anywhere in the USA, but it would be unwise to assume that, because it is an English speaking country the buying process is the same as in the UK. Taxes and requirements vary from state to state and it is essential to seek out the services of local professionals who understand the procedure. Gary Bond is an expert in real estate and will help you during the whole process.