I'm a UK citizen I want to buy a home in Atlanta GA, as me and my family come to the USA for 3 months in a year. I have now thought of buying a home in ATL and was thinking is this allowed as I can put down 50% down payment, would a bank give me a mortgage based on the fact that I get paid in the UK and live there, I want to buy a house in the US, as my long term plan is that I will move to ATL in 3 to 5years, as I work in IT Security cyber kcrime.
Thanks for your help.

There is nothing to prevent you from purchasing a home in the US as a citizen of another country. The only difficulty would be obtaining a mortgage as you have no credit established in the US. If you could purchase outright, there would be no problem.

I suggest you contact a financial advisor to discuss this with, of course, plus tax implications; if you have 50 %down and don't want a large house you could probably carry a loan obtained in the UK.

There is no restriction and you don't have to be in US to close the deal. However, it is recommended to discuss this issue with tax professional in your home country.

The only difficulty would be obtaining a mortgage as you have no credit established in the US. ... you could probably carry a loan obtained in the UK.


I suspect that a bank in the U.S. would have no problem with giving you a mortgage if your income and credit history is good. I doubt however that a British bank would be willing to hold a mortgage on property located in the U.S. So, if you need financing, I would look for it in the U.S.

The United States does have a history of restricting land ownership by aliens, but these law have largely been repealed:


"... Nine other American states passed restrictive land-ownership laws during the years 1913–25. These states were Arizona, Washington, Texas, Louisiana, New Mexico, Idaho, Montana, and Oregon. Arkansas, Minnesota, Nebraska, Utah, and Wyoming followed with the passage of Alien Land Laws during the World War II years.[3]

Florida is the only state that has not repealed its Alien Land Law ..." California Alien Land Law of 1913 - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/California_Alien_Land_Law_of_1913#Related_acts)