Foreign investment in usa raw land final

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  • 1. Foreign Investment in Raw Land of USA. based on experience.
  • 2. Is it Possible?  Yes, it is Possible for You to Buy Land in USA as there are no restrictions to foreigners buying property anywhere in the USA.
  • 3. Investment Cost. The cost of land vary based on what features are on the parcel , its locations and size. Once you own the property you are responsible for payment of annual property tax.
  • 4. What is Process? First is to get a Tax Identification number from http://www.irs.gov/Individuals/InternationalTaxpayers/Taxpayer-Identification-Numbers(TIN) Plan the investment financing, you can pay cash or use owner financing option.
  • 5. What is Process? Find a parcel of choice you could either use an agent or use online raw land selling sites. Do the due diligence on the said parcel ensure clean title by calling the county office. Contact the seller and close the deal.
  • 6. Responsibility  Any appreciation on initial investment is considered as capital gain .  Such gain is subject to regular U.S. income tax rates. As such, if the U.S. real property is held by a foreign individual, qualifies as a capital asset, and was held for at least one year, any gain will be subject to the lower capital gains tax rates. http://www.irs.gov/Individuals/InternationalTaxpayers/FIRPTA-Withholding
  • 7. Responsibility If U.S. real property is disposed of by gift, then FIRPTA withholding does not apply, and the foreign donor does not recognize gain. If U.S. real property is held outright by a foreign individual at his or her death, then that property is subject to U.S. estate tax.
  • 8. Advantages You retain control. You can buy, sell, rent, or develop at your convenience. Land value appreciation. This leads to capital gains on your initial investment is in USD. Land retains its value as it is a hard asset. Which means it retains a value independent of any paper currency’s nominal value. Real estate has multiple uses. This is not legal advice but tips based on experience.
  • 9. Buy with us www.yourlandlinks.com yourlandlinks@gmail.com Facebook.com/yourlandlinks Twitter.com land@yourlandlinks.com www.yourlandlinks.com