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Updated almost 9 years ago,
New Member from Europe interested in USA REI
Hello everybody,
My name is Bogdan I’m 28 and I come from Europe – Romania (Bucharest). However, I finished my studies in Belgium and now I work in Luxembourg. I have an Msc in Civil Engineering but I did not want to pursue a career as a civil engineer.
I have a small experience in REI but for sure not enough. Together with my father (both part time in REI), we managed to acquire (for renting) a few apartments, a couple of studios and to buy an empty land on which we built a house, all in Bucharest, the capital of Romania.
I already read some articles on BiggerPockets and I was truly impressed by the quality of the content, the success stories and the learning material. I also found out a lot of differences between USA and Romanian RE market.
I would like to get to know more about REI in USA as at first sight the numbers look very nice. At least compared to Romania, Belgium and Luxembourg.
For starters do you know if I, as a foreigner, have the right to buy and rent in USA ? Maybe special taxes on income apply. Any advice about where to start searching for this info? In the beginning if everything goes well from the legal point of view I would like to start by buying a small unit to see how it goes.
I look forward to start networking and learning about USA RE market!
In the end I would like to apologies if I scratched your eyes with my English but please be kind as it is not my main language.
I wish you a nice and productive day,
Bogdan