Complete Guide for International Investors Buying US Real Estate
Everything you need to know about investing in US properties as a foreigner.
Can Foreigners Buy US Real Estate?
Yes! There are minimal restrictions. Most states allow foreign nationals to purchase property with an ITIN (Individual Tax ID Number).
Key Requirements
- ITIN or SSN for tax purposes
- Valid identification & bank account
- Proof of funds
- Understanding of state-specific laws
- Professional guidance (highly recommended)
Typical Costs
- Closing Costs: 2-5% of purchase price
- Due Diligence & Inspection: $500-$2000
- Legal Fees: $1000-$5000
- Property Management: 8-10% of rental income
Tax Considerations
Foreign investors benefit from depreciation, mortgage interest deductions, and 1031 exchange strategies.