Buying a house is a step that requires a deep analysis. It’s not just about the place where you will live but also the amount and number of years you plan to invest.
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Some non-resident foreigners have chosen to purchase a home in the United States. Cash payments are the most commonly requested method of payment.
Non-resident foreigners tend to buy with cash compared to those who live in the United States. The latter opt for financing because they have greater access to the country’s banks.
Yes, in the United States, you can buy a house even if you are a non-resident foreigner and have entered the country on a tourist visa. However, acquiring property does not grant you the right to a residence permit or make it easier for you to obtain U.S. citizenship.
The first step is to seek advice from both a Real Estate agent and a lender to determine the type of use you will give to the property. Will it be a vacation home? A place to stay while doing business in the United States? A home for your children while they attend college? An investment property?
