Foreign Nationals

Found 7 blog entries about Foreign Nationals.

Photo by Rocio Ramirez on Unsplash

Here Is What You Need To Know As A Foreigner Buying Real Estate In The U.S.

It is abundantly clear that we are now, more than ever, living in a global economy. America will likely always be a desired destination for the international entrepreneur or multinational employee. Thus, it is good to have some familiarity with basic concepts of immigration law and some general visa types that may be suitable for the global buyer. 

In this brief introductory guide to U.S. visas, we outline some commonly used visa options that might be applicable to international buyers. Please note that the information provided in this guide is intended for informational purposes only and does not constitute legal advice. Please

734 Views, 0 Comments

How Foreigners Buy Real Estate In the US

 

International home buyers have been pouring billions of dollars in the US housing market in the last few years, to take advantage of the lower prices and the weaker dollar. 

But many foreigners find it difficult to understand and navigate through the home buying process, as it can be confusing and different from state to state. The fact that most foreign buyers are negotiating from abroad, doesn't make the process any easier. 

Most foreigners who buy a home in the US pay cash. However, since the US mortgage rates are generally lower than in their home country, more and more buyers are interested in obtaining financing for their second - or third - home in the US. Some lenders have specific programs

274 Views, 0 Comments

More foreign buyers chose Chicago for their real estate investments

International Flags

Photo by Vladislav Klapin on Unsplash

To buy and own real property in the United States continues to have a strong International appeal. According to the National Association of REALTORS’ 2016 Profile of International Activity, residential real estate sales in the U.S. to international buyers accounted for $102 billion between April 2015 and March 2016. 

Buyers bought mainly in the five following states: Florida, California, Texas, Arizona and New York. Latin Americans, Europeans and Canadians mostly bought properties in Florida and Arizona. California and New York attracted mostly Asian buyers. 

The Mid-West – and that means mostly the city of Chicago – is gaining in

279 Views, 0 Comments

There is no doubt that using the services of a licensed real estate agent when selling your home has many benefits. Among other services, the agent will provide: 

  • Greater exposure to more buyers
  • The skills of a professional negotiator
  • A layer of protection from possible legal liabilities
  • Professional guidance in navigating any pitfalls that may arise
  • A level of safety when showing the home

These services add a definite value to the process of selling - the question is, how much value? Seller who think these services are not providing the value of the fee a real estate agent charges, may decide do sell the home by themselves - For Sale by Owner, or FSBO. 

In most cases though, the services of a professional don't cost the

411 Views, 0 Comments

 

Berkshire Hathaway HomeServices KoenigRubloff Realty Group Broker

Andreas Holder Named Consulate Liaison to The Federal Republic of Gemany for Illinois REALTORS®

 

CHICAGO, IL – Berkshire Hathaway HomeServices KoenigRubloff Realty Group has announced that Andreas Holder was named by the Illinois REALTORS® as one of a select few members who will work with foreign consulates to promote the state’s real estate business.

 

Holder was selected to represent the association as it works to build ties with The Federal Republic of Germany. The partnership is through the association’s Consulate General Liaison program, which matches members with experience in international real estate with foreign consulates.

 

“Increasingly, the business

510 Views, 0 Comments

Last month I talked about relaxing in the post holiday season and clearing body and mind from all the stress by taking long walks and eating healthy.

With some major International sports events currently going on, our focus is on the action and the year is off to a great start. Superball Sunday may be behind us but the sport getting our attention for the next two weeks is the Ski world championship taking place in St. Moritz, Switzerland. As a Swiss and avid skier, this is one of the most exciting events for me to follow.

Sports is like real estate. Everybody has different tastes and interests, and budgets. Major sporting events such as a World championship are all about racing and winning, be it as an individual or as a team. But an event of that

460 Views, 0 Comments

Don't you feel kind of relieved that the holidays are over? If you are like me, December is the best time of the year but after so much celebrating and entertaining, January offers a welcome relief from all that. 

For me, I like to start off the new year by re-setting my home and neighborhood to be my haven for rest and relaxation. I believe it’s imperative to replenish our bodies with energy through exercise and seasonal fare that is good for body and soul. 

I love taking long walks outside around my neighborhood. Our home is more than our dwelling – it’s our neighbors and local businesses, too. Getting outdoors at least once a day for a walk (even in the chilly temperatures) reconnects me to my home, works off the stress of the day and

392 Views, 0 Comments

Sign up for email updates