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    lawanwadee's Avatar
    lawanwadee Posts: 3,653, Reputation: 124
    Immigration Expert
    		  
    #1

    Apr 4, 2008, 01:29 PM
    Foreign owned property in US
    I've learned that 10% of luxury homes in US are purchased by foreigners who mainly live in other countries.

    What are the conditions regarding taxes, and other issues they have different than US residents?

    Thanks.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
    Uber Member
    		  
    #2

    Apr 4, 2008, 02:14 PM
    [QUOTE=lawanwadee]I've learned that 10% of luxury homes in US are purchased by foreigners who mainly live in other countries.

    What are the conditions regarding taxes, and other issues they have different than US residents?



    What types of taxes? Property? Income?
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