Showing posts with label foreign national. Show all posts
Showing posts with label foreign national. Show all posts

Wednesday, March 18, 2015

Commercial investors are coming mostly from Asia

The newest studies in the commercial real estate market show that international investors discovered the US market as a good investment option and their number is still growing. Over 40 % of the 13 Billion sold commercial real estate properties were sold in the second half of 2014 to Asian investors. This number puts them on the top of the international investors list.

Second on the international investors list for commercial properties are the European investors with more than 22 %. Closely followed on the third and fourth place by Latin America and the Middle East with 21 % and 20 %.

These numbers are based on nationwide data and there are certain hotspots for these investors. The Asian investors are concentrating their efforts in the last few months in the Mid-West while Florida traditionally is more in the focus of Latin America investors.

The investors are often interested in flexible open office space where the personal work space can be reduced for the benefit of bigger common room to intensify communication.

For more information and where to go for an investment you can contact us at
info@florida-informations.com

Tuesday, March 10, 2015

Investment money transfer for Foreign Buyers

The investment in real estate properties is always a good idea. Especially when you buy your property in a moderate prices market and in a favorable location. To do so you have to have enough money to pay for it. This requirement apply for domestic buyers as well as foreign national buyers. However, there is a difference to consider between the two buyer segments and this is important to know.

When a domestic buyer buys a property it is much easier to verify his/her financial resources based on the paystubs, background checks and tax returns, that have been filed with the tax authorities. But when it comes to foreign buyers there is not such an option. Foreign national not always work in the US and earn no income that has to be filed as income. When they have an account in a US-bank and use a US credit card they may have a credit history but the background checks are hardly possible.

To get to best possible information about a potential foreign buyer it is common in the real estate business that the foreign buyers have to wire their purchase funds to an American bank account timely enough before the transaction closing and every amount above $10,000 will be reported to government authorities. These requirements are a precaution against possible money laundry activities and they are standards in many countries worldwide not only in United States.

Therefore foreign buyers should remember that the times with a briefcase full of cash are over and no serious professional and no serious business will accept such a payment method.

For assistance to get your purchase money from your home country to the United States you can reach us at info@florida-informations.com