The United States Citizenship and Immigration Services (USCIS) has several visa options for eligible foreign nationals according to their family relationships, professional skills, personal background, or other characteristics.
Is it possible toobtain a green cardby buying a residential property in the United States? Keep reading to find out.
If I Buy a House in USA Can I Get Green Card? – The Verdict
Foreign nationals are free to purchase real property in the country, as neither US citizenship nor permanent residence is not a legal requirement forreal estateownership.
However, buying a house in the United States does not automatically grant you eligibility for lawful permanent residence (green card). The USCIS has different categories that permit eligible foreign nationals to live permanently in the United States, such as:
- Family-based visas
- Spouse/Fiancée visas
- Widow visas
- Employment-based visas
- Investor visas
- Diversity immigrants (visa lottery) visa
- Asylee visas
Are Foreign Nationals Allowed to Buy US Property Under a Visitor or Student Visa?
There is no specific visa requirement for foreigners interested in buying residential US property. Foreign individuals entering the United States under a visitor or student visa are considered nonimmigrants.
As provided by USCIS, nonimmigrant classifications require visa holders to demonstrate they have no intention to immigrate or seek a green card.
Depending on the circ*mstances involved in the purchase, owning real estate may suggest an intention to immigrate – which is not permitted under a visitor or student visa. In such cases, it is essential to work with an expert attorney to assess your situation.
For example, buying a home under a visitor or student visa may not be an issue if:
- You are buying the property as a passive investment
- You seldom visit the United States
- You have irrefutable deep ties to your home country
- You are buying a vacation home
What is the Best Visa Option for US Real Estate Investment? – An Overview
Applicants willing to put down the required amount of capital may benefit from investing in real estate under theEB-5 Immigrant Investor Program.
Created in 1990 to stimulate the US economy by attracting foreign investors and boosting job creation, the EB-5 Program is administered by USCIS. The program permits foreign investors to apply for permanent residents status upon:
- Investing the required amount of capital in a US commercial enterprise, and
- Demonstrating the investment will create or preserve ten permanent full-time jobs for qualified US workers
Real estate investors can buy a property to start a new enterprise or invest in an existing business. This way, it is possible to fulfill two requirements at once, considering the bulk of the investment is used to purchase the premises to operate theEB-5 business.
In Florida, there are several opportunities to buy distressed properties at significantly lower prices, which results in a substantial saving in purchase costs. To find a strategy that meets your needs, make sure to consult with a well-versed attorney for an individual assessment.
Obtaining a Green Card Through Real Estate Investment – Immediately Contact Attorney Romy B. Jurado
Waste no time with uncertainty. CallAttorney Romy B. Juradotoday at(305) 921-0976or emailRomy@juradolawfirm.comfor expert legal guidance.
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As an expert in immigration law and regulations pertaining to visas and green card acquisition in the United States, I can confidently discuss the intricacies and nuances involved in this field.
The article discusses the relationship between purchasing residential property in the United States and the acquisition of a green card. It emphasizes that owning real estate in the U.S. does not automatically confer eligibility for a green card. Rather, the United States Citizenship and Immigration Services (USCIS) offers various visa categories that allow foreign nationals to live permanently in the country, such as family-based visas, employment-based visas, investor visas, diversity immigrants (visa lottery) visas, asylee visas, among others.
Moreover, the article addresses the question of whether foreign nationals under visitor or student visas can buy U.S. property. It highlights that individuals entering the U.S. under such nonimmigrant visas must demonstrate no intention to immigrate or pursue a green card. Owning real estate might suggest an intention to immigrate, which could conflict with the terms of these visas. However, certain circ*mstances, like passive investment, infrequent visits to the U.S., strong ties to one's home country, or buying a vacation home, might not raise immigration intent issues.
The article also discusses the EB-5 Immigrant Investor Program, which allows foreign investors to apply for permanent resident status by investing a required amount of capital in a U.S. commercial enterprise. This program aims to stimulate the U.S. economy and create jobs for American workers. Real estate investment under the EB-5 Program can fulfill the investment requirement while potentially creating jobs, especially when the property is utilized for the EB-5 business.
Furthermore, it highlights opportunities in Florida to purchase distressed properties at lower prices, potentially reducing acquisition costs. However, it strongly recommends consulting with knowledgeable attorneys for personalized assessments and to determine strategies that align with individual needs and circ*mstances.
In conclusion, the article elucidates that while buying real estate in the U.S. is permissible for foreign nationals, it does not guarantee eligibility for a green card. Various visa options, including the EB-5 Immigrant Investor Program, exist for those interested in obtaining lawful permanent residence based on investment in U.S. enterprises.
This comprehensive overview emphasizes the importance of seeking legal counsel, exemplified by Attorney Romy B. Jurado, who specializes in immigration law and provides expert guidance for those navigating the complexities of U.S. immigration and real estate investment.
