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Updated almost 6 years ago on . Most recent reply

User Stats

28
Posts
9
Votes
Seth S.
  • Real Estate Investor
  • Around
9
Votes |
28
Posts

Buying income property on an employment visa ??

Seth S.
  • Real Estate Investor
  • Around
Posted

Hey guys - 

I was wondering if anyone has had experience with getting an income property while on a work visa. 
I am a Canadian working in California on a TN (NAFTA) visa that will soon turn into a green card but I don't want to miss out on a deal if one presents itself.

The TN visa is technically a "non-immigrant" visa type that is linked to my employer; aka I cannot work for anyone else (or myself, as in a LLC) during the period I'm still on TN.

A lender told me this is not an issue as I have authorization to live & work in the US, pay taxes here, and all the shabang. My immigration lawyer said she hasn't encountered this issue before but doesn't see a problem.

Has anyone been through this as an investor/lender/buyer/seller/lawyer??

Thanks!

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