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    gflexie's Avatar
    gflexie Posts: 3, Reputation: 1
    New Member
     
    #1

    Jan 13, 2009, 04:52 PM
    Can a Green holder buy a home in the US?
    Are permament resident (with conditional green cards) allowed to buy homes in the US
    lawanwadee's Avatar
    lawanwadee Posts: 3,653, Reputation: 124
    Immigration Expert
     
    #2

    Jan 13, 2009, 05:05 PM
    Quote Originally Posted by gflexie View Post
    Are permament resident (with conditional green cards) allowed to buy homes in the US
    Yes, but it does not guarantee that conditions will be removed by the time you file I-751.
    pacific nw's Avatar
    pacific nw Posts: 117, Reputation: 11
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    #3

    Jan 13, 2009, 07:28 PM

    Yep. But I think the questions you want to ask are:

    1) Are you going to live in it full time or use it as a summer home
    2) Do you want to deduct the mortgage payment from the income taxes you pay in the US
    3) Who gets the house if you die
    4) What are the tax implications in your home country
    5) If you should unfortunately get deported, who controls the house
    6) Can you find a lender to do the loan

    Talk to a tax attorney or immigration attorney or Certified Pulic Accountant for the details of what you are getting into.

    It shouldn't be a problem if you set it up correctly.
    gflexie's Avatar
    gflexie Posts: 3, Reputation: 1
    New Member
     
    #4

    Jan 13, 2009, 07:46 PM

    Thank you both of you for your responses.

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