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Updated over 6 years ago, 05/29/2018
International Loan to invest in Russia
Hello BP Community. Merry Christmas.
I have a situation. I am from Russia but I have been living in Boston, MA for 7 years and I will become a citizen of USA soon.
I have parents in Russia who due to a health issue need to move to the city of Saint-Petersburg. I need to buy 2 bedroom apartment for them. Since I am not a resident of Saint-Petersburg, Russia I cannot take local loan/mortgage to buy an apartment. The property management and financial offices there representing apartment buildings are not accepting financing from oversee.
Does anyone know international banks who can loan money to buy apartments in Russia if I reside here, in United States of America.
Perhaps, there are some builders in Russia who are willing to sell their new constructions to United States Residents?
Any ideas and help very appreciated .
Thank you!