Are foreigners allowed to own property in California?
When we asked expats in California if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in California. Non-U.S. citizens are able to purchase and own real estate in California, just like U.S. citizens. However, there are certain restrictions that apply to foreign buyers, such as the requirement to obtain a valid visa and to obtain approval from the U.S. Department of Treasury. Additionally, foreign buyers may be subject to certain taxes and fees, such as the Foreign Investment in Real Property Tax Act (FIRPTA) and the California Non-Resident Withholding Tax," explained one expat living in California.
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Are foreigners allowed to own property in California?
If you live in California, newcomers to California would love to hear your answer to this question: