KNOW MORE AMERICAN REAL ESTATE INVESTMENTS

  • Potential buyers do not need a green card, a particular type of visa, or even US citizenship to be eligible to buy property in the US. 
  • A potential buyer would just need to secure an Individual Taxpayer Identification Number.
  •  This number is issued to foreigners who are not eligible to obtain a Social Security Number. 
  •  They must apply to the Internal Revenue Service to obtain this number.

  • remittance scheme – Under the LRS, all resident individuals can freely remit $250,000 overseas every financial year. Remittances are permitted for overseas education, travel, medical treatment and purchase of shares and property. Individuals can also open, maintain and hold foreign currency accounts with overseas banks for carrying out transactions.

Does one need to become a citizen to buy a home in the U.S.?
A buyer needs not to be a US citizen nor do they require a green card. Buyer will need an Individual Taxpayer Identification Number (ITIN) in order to purchase property in the US


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