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Updated about 2 years ago on . Most recent reply

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Nils Fischer
  • Zurich, Switzerland
0
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Mortgages / Creative Financing for Foreigners

Nils Fischer
  • Zurich, Switzerland
Posted

Hi everyone,

I currently work and live in Switzerland but would like to start investing in the USA.


Any experience, private lenders, or mortgage brokers who have experience with foreigners are appreciated!

Most Popular Reply

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Tony Severance
  • Lender
  • Fort Worth, TX
37
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88
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Tony Severance
  • Lender
  • Fort Worth, TX
Replied

@Nils Fischer Keep in mind that closing of escrow can be a bit tricky from thousands of miles away in a foreign country.  It can be done at a the US Embassy or with the use of an Apostille, which is basically an internationally recognized notary for countries that participate in the Hague Convention of 1961.  Switzerland is a member of this convention. 

Here is some additional info about tax ID numbers to go along with your LLC: You can't file an EIN as citizens do, but you must file a taxpayer identification number, AKA ITIN or TIN, with the IRS so you can do business in the U.S. and be taxed accordingly. The process to get a TIN is not difficult, but it can take many weeks.


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