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Desmond Carreras posted an update
Foreign National Real Estate investing
Can foreign nationals from Spanish-speaking countries buy real estate in the United States?
In most cases, yes. The U.S. does not generally prohibit buyers from countries like Mexico, Colombia, Spain, Argentina, Peru, Chile, Ecuador, Costa Rica, Panama, or the Dominican Republic from purchasing homes or investment properties.
The bigger issue is usually not ownership; it is financing, documentation, down payment, and choosing the right loan program. Some states do have restrictions on certain foreign ownership, but those rules usually apply to farmland, large land purchases, property near military bases, or buyers tied to specific sanctioned governments (including Cuba and Venezuela).
For most foreign national and ITIN buyers looking at residential real estate, there may still be options. Real estate investing in the U.S. may be more accessible than many people think.
Set an appointment with us today to learn how you can prepare your clients for home or investment property ownership. – Negozee Mortgage powered by E Mortgage Capital
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