Video - Can a Foreign Person Purchase US Real Property?

Anyone can buy property in the United States, even foreigners. But, subject to certain limitations, when you sell the property, if you’re a foreign person there may be withholdings required where the buyer has to withhold a certain portion of the proceeds because it has to be available to pay the seller’s US property tax liability from the sale. This may complicate a foreign person’s sale of a property but generally speaking, foreign people can buy US real property. It’s just that things get a little bit more complicated when they go to sell the property.

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