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Updated over 6 years ago on . Most recent reply

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Yasir Rahman
  • Developer
2
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6
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How can a non US resident invest in US properties

Yasir Rahman
  • Developer
Posted

Hi everybody! Im Yasir and im interested in investing in US properties. Im totally new to this market and would like to be guided if i can invest directly and if im able to get a financing. Plus what are the legal frameworks that i have to follow to get into this business. any help in this regard would be highly appreciated, links to read etc. 

and what kind of property i should invest in to get max rentals 

thanks

yasir 

Most Popular Reply

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Dean Letfus
  • Specialist
  • Memphis, TN
1,176
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Dean Letfus
  • Specialist
  • Memphis, TN
Replied

@Yasir Rahman, it's very simple to invest in the USA, compared to many other countries.

The basics are:

Set up an LLC , (Limited liability company), if you want some asset protection.

Obtain an EIN, (tax number) for the LLC.

Apply for an ITIN (personal tax number).

Open a bank account.

(Get an accountant)

Buy a property.

It really is that simple. America has no foreign investor regulations preventing ownership.  There are some tax things to be aware of but your US accountant can advise on those.

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