Buying a property in the US and obtaining US residence
It is not possible to buy a property in the United States and obtain residency in this country directly by purchasing a property. Of course, there is no restriction for people who enter the US with a tourist visa for also buying a property in this country. Those who intend to buy a property in the United States must first gain their permanent residency and then buy a property. You can obtain permanent residence in this country in various ways.
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Buying a property in the US and people who are qualified to buy a property
Everyone can buy a property in the United States and receive residency in this country, but as mentioned, buying a property in this country is not a reason to obtain your residence and citizenship. Buying a property in the US does not have any filters or limitations. We recommend that people who intend to buy any property in the US first obtain this country’s residence permit and then apply to purchase a property. One can enter this country only with a tourist visa, which is a risky issue since the visa officer might reject the applicant’s request, which can lead to many problems.
The legal process for buying a property in the US
Buying a property in the United States and its legal process is very critical, and you should be very careful about it. The legal process of buying a property in the US using banking facilities and mortgages is a slightly short process, which can take between 25 and 30 days. It is enough time to complete all the legal steps of buying a property. Buying a property in cash takes only 7 to 10 days. One of the most important things is to check the status of the property sale ban.
Buying a property in the United States is by no means an investment in this country, and the US citizens purchase a property for their accommodation. The S&P is the index of rising and falling property prices in the United States. In big cities like New York, Los Angeles, Miami, and Orlando, property growth and profits have been around 7% in recent years. The property tax rate in the US is about 2% of the value of the property in the same year.
- The applicants must submit a property purchase request.
- Customers must select the desired property.
- Getting guidance from specialized real estate consultants
- Receive a guarantee from a lawyer and request a review of the legal status of the property
- Registration of relevant documents in the official property registration offices
- The buyer must deliver the property to the seller.
- Pay any fees set for the purchase of the property.
The cost of buying and renting a property in the US
Buying a property in the United States and the cost of buying and renting a property in this country is different in each state. You can see the renting and buying property fees in several states in the table below.
| City | Rental price (dollar) | Purchase price (dollar) |
| Dallas | One-bedroom apartment: 1,378 | Purchase price of the property per square meter: 2,400 |
| Three-bedroom apartment: 2,575 | ||
| Boston | One-bedroom apartment: 2,420 | Purchase price of the property per square meter: 10,000 |
| Three-bedroom apartment: 4,116 | ||
| Columbia | One-bedroom apartment: 783 | Purchase price of the property per square meter: 1,371 |
| Three-bedroom apartment: 1,400 | ||
| Hamilton | One-bedroom apartment: 815 | Purchase price of the property per square meter: 1,400 |
| Three-bedroom apartment: 1,675 | ||
| New York | One-bedroom apartment: 3,120 | Purchase price of the property per square meter: 14,000 |
| Three-bedroom apartment: 6,500 | ||
| Ontario | One-bedroom apartment: 1,300 | Purchase price of the property per square meter: 3,800 |
| Three-bedroom apartment: 2,650 | ||
| Peterson | One-bedroom apartment: 1,200 | Purchase price of the property per square meter: 1,500 |
| Three-bedroom apartment: 2,300 | ||
| Orlando | One-bedroom apartment: 1,279 | Purchase price of the property per square meter:2,500 |
| Three-bedroom apartment: 2,050 |
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