If you are considering purchasing real estate in the United States, you may be surprised if you meet resistance. The recent flood of foreigners purchasing residential property in cities like New York has some observers complaining. Apparently, foreign investors have lately purchased multiple single-family homes, luxury condos and even entire condo towers, driving up the price of real estate for Americans. Many of these exclusive buildings still sit vacant.
You may pride yourself on having close relationships with many of your family members. You may act as a confidant, caretaker, friend or other role needed at any given time. Because of your strong bonds, your loved ones may have discussed their end-of-life wishes with you or even asked your assistance when drafting their documents. Undoubtedly, you were happy to help.
No matter how long you have been in the United States, a little piece of you belongs to your home country. After all, you probably have childhood memories and perhaps even family who still live in your native town. If you also own property there, you may have questions about how to include that property in your estate plan.
One of the most visited places in the United States is New York. There is no comparison to the cultural opportunities for residents and visitors alike. Some travel to the city in the summer to enjoy the parks and festivals, and others love the winter for the holiday lights and shopping. Of course, at this time of year, with the leaves changing color, there are few places more beautiful. In fact, many who visit decide to stay.
New York is definitely a hub of entrepreneurship in the nation. If you're currently developing ideas and plans of your own to make your mark on the fast-paced, ever-changing business world in America, you obviously want to gather as much information as possible regarding current business statistics, as well as commerce regulations that may impact your personal business journey. Launching a business is a highly customizable endeavor; however, there are so many options available it's easy to feel overwhelmed.
Perhaps an elderly grandparent or even your own mother or father recently passed away. When that family member died, you may have expected to inherit part of the estate. You may have felt surprised and disappointed to learn that your relative did not include you in the will.
The New York housing market fluctuates as do all other areas of sales and purchases in the nation. Some years, economists consider it a buyer's market while other times seem to benefit the seller. As an immigrant who has worked hard to build a new life in the United States, you likely want to implement all available options to successfully sell your home when you choose, for whatever reason, to relocate. The last thing you need is to face complications regarding real estate laws.
Raising a family in New York can be exciting and unpredictable. With the wide range of cultures and experiences, your children may constantly surprise you by the choices they make and directions they take in life. At holidays and family gatherings, you may look around the table at a very eclectic group of people.
Since childhood, you've had the dream of becoming a successful business owner. Coupled with that dream is another that includes emigrating to New York to build a new life for yourself and your family. Your business dreams reach far beyond your country of origin as well. In fact, you're hoping that, by investing in a U.S. business opportunity, it will help you secure a green card.