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Hi Leo,
I have a been buying properties in the US for about 5 years now and have well over 20 of them. I asked a similiar question to the US Consulate sometime ago. The E2 visa (treaty trader) would be a great way to at least enter and live in the US. it needs to be renewed every 2 years (meaning you must leave the US to renew it) but will allow you to live their indefinitely. Although there are a lot of implications living in the US and managing your property portfolio. There is the possibility of permanent status would need to be something like the EB 5 visa, which requires between $500k-$1mill invested in the USA (depends on city or country areas) and within a 2 year period you must have employed 10 full time staff (Americans or Permanent Residents) in your business. There is also a new EB6 visa requiring as little as $100K and this can be borrowed funds from an American source, you also must employ 5 American on a full time basis within 2 years.
All the best, if you hear anymore or finad out anything email me on [email protected]
regards,
Sorry Michael, that was [email protected]
Hi Michael,
Great question, but a bit like a loaded gun. I have been investing in the US real estate market for 10 years and I could probably answer a lot of your questions.
You can email me on [email protected] and I will give you my mobile and we can have a chat, my name is Mark
Hi Brad,
i am not sure if I can assist you but i have personally invested in 4 states in the USA, every place has a different strategy. I could probably provide you with some ideas to gain an understanding about the various different investment concepts available in the USA.
I am keen to build relationships with people so that we can all gain from each others experience. I look forward to talking with you at some stage.
My name is Marc my email is [email protected]
Kind regards,
Hi Steve,
Yes it can be done quite easily, although it is simpler to do if you do not borrow funds in the SMSF. I have personally not done it but I have advised about 15 or 16 people how to buy properties in the USA thrrough their SMSF. You need to set up a corporation in the USA that meets all of the requirements set out by ASIC and APRA here in Australia. You must also invest some of the funds into different asset class such as shares etc. For example 10% into shares and 90% into USA Property is ok.
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Speak to Jan Chisholm at [email protected]She does all my properties and she is really good. I give her the basic details and she does everything and even tells me where to sign. Foremost Insurance Company Grand Rapids MI. They have done all my NY,Georgia, Ohio and Texas properties.
All the best
Hi Bevk
What part of Canada are you travelling to? I have been investing in the US for nearly 10 years, if you would like to have a chat I would be more than happy to assist you or at least put you on a proven track. All of the properties that I buy are fully refurbished, with a new tenant in place and high rental returns. You don't settle until the tenant is in place. The property management team are all in place. My email is [email protected] I look forward to having a chat.
