HI Matt,You don't necessarily need to be a resident to purchase real estate in the US.

Investment Info:Single-family residence buy & hold investment.

I don't think anyone goes to CA to invest, but a lot of residents invest local to keep the home-field advantage which is a valid point..

Areas that saw population bumps during the pandemic could see milder but significant demographic shifts, as will almost any area where effected residents have family, relatives or property available for immediate longterm occupancy.

Investment Info:Single-family residence buy & hold investment in Lucien.

After they moved in, we started to get some mild complains from our neighbors (for the rented unit which was our primary residence until we moved out in another house a few miles away). 1.

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

In some cases, after crunching the numbers, the profit margin was so slim—or even negative—that I had to pass on some promising opportunities.Here’s my situation: I currently own two properties—a primary residence and a rental property—both of which have substantial equity.

You can apply for permanent residency after five years.

@Edreco AmosHello,I reside in Miami and I do agree with everyone else.