US real estate: A minefield of money traps for foreign buyers

  • You should have all of your clients visit with a CPA or tax attorney who has experience in working with foreign buyers before making a purchase.
  • The PATH legislation makes significant changes to how real estate investment trusts are governed and to FIRPTA.
  • Remember: It is illegal for you to provide tax advice.

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

As negative interest rates become more prevalent internationally, and currencies in many countries are being devalued, an increasing number of foreign buyers are looking for a haven for their money, particularly one that generates a return.