How To Buy USA Real Estate
Low price: The U.S. is the most affordable country for investing. Generally speaking, in the U.S. you can purchase a home for the equivalent of 3 years income, which is cheap in comparison to elsewhere around the globe. For example, you would have to spend 10 years of income to purchase a comparable home in Canada. In Brazil you would be looking at 20 years of income to buy a home and a jaw dropping 35 years income in China.
A safe haven for your investing dollar: Real estate investing in the U.S. is considered a safe haven for your money. U.S. taxation provides for many tax benefits and shelters from capital gains tax. True investors find this to be a paramount attribute for great real estate investing. Compared to many countries, our economics are strong and when buying in the correct emerging markets, security of the investment is as strong as anywhere else in the world.
Easy to purchase: Anyone who has money or access to credit can buy a property in the United States. Many countries have rules governing who can buy and what they can buy. Often they must have a certain net worth and even prove to be a producer of income in their countries.
Top country for equity growth: Appreciation in the U.S. surpasses almost every country!
Low finance rates are a benefit Americans have that foreign investors do not. We as U.S. citizens have the ability to get very low cost financing. Prices and rates are at 40 year lows. Foreign investors pay about 2 to 3 percent higher rates than we do. However many foreign investors have the ability to offset the higher interest rates with the favorable currency conversion rates.
With the U.S. being a safe and sustainable place to invest, where within the U.S is the most premium location for you investment needs. That is exactly what we cover here in these many posts.
Many markets exist throughout the US that is great for investing; as different investors have different overall objectives, choosing the best location for you is paramount. Are you a strong cash flow investor or is equity Growth investment most important to you. How you answer this question will suggest where within the U.S is the best location for you.
When a foreign investor makes the decision to purchase real estate in the United States it is imperative that they consult with local industry professionals. The theory and practice of real estate may be considerably different here than abroad. These post will help our foreign friends create clarity through the identifying, buying financing process as well as the all-important exit strategy of U.S real estate investing.