Foreign citizen living in the USA, with temporary residency (eg a work visa)
Foreign citizen living in the USA, with permanent residency
US citizen with dual citizenship, permanently living overseas, buying property remotely for renting out
The first case is clear, but the others less so. A foreign citizen living in the USA to live in is a better scenario than a US citizen permanently living in another country buying a bunch of houses just to rent them out.
All those cases are clear. Is a person (not a corporation) buying a residence to live in, that is be physically present in for a minimum of 70% of the year? If so, they can buy. If not, they can’t buy. I’d rather a million unauthorized immigrants buying houses they live in than one overseas corporate entity buying a house to rent out.
Who do you consider a foreigner though?
The first case is clear, but the others less so. A foreign citizen living in the USA to live in is a better scenario than a US citizen permanently living in another country buying a bunch of houses just to rent them out.
It should be reciprocal IMO for each country. The ones I’ve looked at buying in I couldn’t because I’m not a citizen
If not too personal, which countries have you looked at?
All those cases are clear. Is a person (not a corporation) buying a residence to live in, that is be physically present in for a minimum of 70% of the year? If so, they can buy. If not, they can’t buy. I’d rather a million unauthorized immigrants buying houses they live in than one overseas corporate entity buying a house to rent out.