Investing in the U.S. as a Non-U.S. citizen/resident

[Rebecca Moreira]

Hello Bigger Pockets Community!

I live in Dubai and invest in the U.S. commercial real estate industry. 

I would like to connect with any investors who are facing challenges investing as non-U.S. residents or citizens. Or would like to understand how it works as an international investor when it comes to investing in the U.S.

I look forward to hearing from you!

Rebecca Moreira

[Caroline Gerardo]

Money needs to be in a US bank and US dollars to be able to wire to title company. This is the most difficult step.

Money cannot come from OFAC restricted country or person (there is a lookup list) Here is a generic list which is not the deep dive lenders will do

https://sanctionssearch.ofac.t...

If subject to Sharia law they cannot finance, it's all cash.

Gifts to family in the US are allowed but have reporting requirements, but I don't think that is what you are asking.

More than $100000 to one person they fill out Form 3520 with the IRS by April 15th of the following year and it is taxable to IRS and State of location. Income taxes for US systems will be filed every year.

All paperwork and legal documents have to be in english. A real person signs and is notarized and they need identification that can be verified.