• Sun. Apr 14th, 2024

A Comprehensive Guide to Buying Property in the United States as a Foreigner

Louise Villalobos

ByLouise Villalobos

Aug 23, 2023

Purchasing a house in the United States as a foreigner can be very challenging, especially if you don’t understand the country’s real estate process. Are you a foreign national looking to acquire a house in the US? Continue reading this guide to discover how you can own a home in the world’s most powerful country.

Rules for Foreign Nationals Purchasing Property in the United States

Here are the policies you should know about if you are planning to buy property in the United States:

πŸ“ˆπŸ€– Unlock unparalleled trading potential with GPT Stocks Master AI! Revolutionize your portfolio, leveraging real-time insights and predictive analytics. Don’t miss out – step into a world where precision and profitability meet. Ready to transform your trading journey? Click “Master My Trades” now for your exclusive access! βœ¨πŸš€πŸ“Š


  • As a foreigner, you must obtain a TIN (Taxpayer Identification Number) from the IRS (International Revenue Service).
  • If you want to secure financing from a bank in the United States, you will need to provide documents like credit history, employment history, and proof of income.
  • If you wish to pay for the property through a hire purchase, you must make a deposit of about 20% to 30%.
  • You can buy an investment or residence property without restrictions, just like US citizens.

Documents Needed to Buy Property as a Foreigner

If you sign up for the foreigners’ mortgage program, these are the documents that you will be required to provide:

  • A valid passport
  • A United States visa
  • Social security number
  • Tax Return
  • Bank statements
  • Check stubs
  • Evidence of reserves

How Do You Purchase a House in the US as a Foreigner?

Follow these steps to secure a property in the United States.

Step 1: Choose the Location You wish to Acquire Your House

As mentioned before, foreigners in the United States are not restricted when it comes to buying property in the country. That means they can purchase houses in any city or state. Therefore, you can research the top locations to reside in the US. Considers aspects like amenities, the community in the area, and transport.

Step 2: Get an Experienced Real Estate Agent

Contracting a real estate professional who understands the process of buying property in the US for foreigners is key. But how do you find them? Visit Homeabroadinc.com and ask the customer support team to connect you with a Certified International Property Specialist.

Step 3: Work With the Real Estate Professional

Once you identify the right real estate agent, the next step is to sign the BRA (Buyer Representation Agreement). But before doing so, read carefully to understand the agreement terms.

Step 4: Understand the Taxes involved

Foreigners buying residential property are only required to pay property tax. However, if you are looking to purchase an investment property to generate profits, your income will be taxed. You will also incur taxes when selling the property.

Step 5: Start Searching for a Property With the Help of the Real Estate Agent

After making the real estate agent aware of the kind of property you are searching for, they will provide you with multiple options and even arrange a visit to those houses.

Step 6: Table an Offer on the House You Love

Once you find your preferred property, consult the real estate agent on the price to offer the seller. If you make the offer and it is accepted, congratulations! You are now a few steps away from becoming a homeowner in the United States.

Step 7: Inspect the Property

Hiring a home inspector at this stage is vital. They will help you check whether the property is in good condition or needs renovation. But where can you find a home inspector? Your real estate agent probably has several in their contact list. Therefore, they can connect you with one.

Step 8: Enter into Purchase Agreement With the Seller

Once the home inspector confirms the house is okay, you can sign the purchase agreement and provide the required funds.

Step 9: Take Ownership of the Property

This step involves the seller signing a title deed to show they have transferred the ownership of the property to you. After the document is signed, a Title Closer certifies it to approve the transaction. You can now get the keys to your new house and move in whenever you wish.


With the right documentation, owning a house in the United States is simple. And since there are no restrictions for foreigners, you can live in any of the United States’ best cities.

Louise Villalobos

Louise Villalobos

Louise Villalobos is an adept writer, renowned for her compelling articles that illuminate and engage. Her prowess in breaking down intricate subjects provides readers with clarity and nuance. With a vast and varied portfolio, Louise has solidified her standing as a distinguished voice in contemporary journalism.