USA Guide: Property

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  Introduction

  An overview of the US market

  The prices of real estate in the US market, even though greatly varying from one state to another, are often regarded as lower than in Europe and other parts of the world.

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  Finding your property

  How to find property in the US

  The real-estate market in the US is unique in the sense that each state is different when it comes to buying a property.

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  Legal Requirements

  The different legal status in the US

  There are no legal constraints for foreigners in the US to buy real estate.

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  Fees and Taxes

  What your property will cost you

  The costs, insurances and taxes vary from state to state in the US and this is why it is important to decide as early as possible the type of property that is being sought after and its geographical location, as well as the mortgage option. The matter being highly technical, the help of a tax lawyer or tax accountant can help reduce the exposure to US taxation.

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  Mortgages

  Financing your property

  Foreigners with either permanent residency permits or those with non-permanent residency permits follow roughly the same process than any US national when it comes to buying property. This means that they'll have to provide proof of credit and income, for example.

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