LUXURY MODERN APARTMENTS FOR INTERNATIONAL BUYERS
If you are a foreigner wondering if you can buy an apartment in Manhattan, the answer is "yes"! We work with Foreign Nationals (Foreigners, Non-U.S. Citizens, Potential U.S. Immigrants, International Investors, Overseas Investors, Global Investors, Aliens, and Foreign Vacationers) who are interested in Buying or Selling any kind of Real Estate in New York, specifically in Manhattan.
In the United States there are very few restrictions on international real estate investors, buyers, or sellers. Foreigners can buy real estate property in the US. As an foreign buyer or investor (foreign national) you may take title to real estate in your own name, in the name of a domestic corporation, a limited partnership, a limited liability company, or a real estate investment trust (REIT).
WE HAVE ACCESS TO ALL SALES LISTINGS IN MANHATTAN MARKET. We partner with all of the city's real estate companies to provide our clients with preferred access to the best apartments in New York.
Do you want to invest in Manhattan real estate? -What an EXCITING plan! We do property sales and rentals and we are here to take care of your New York luxury real estate needs.
Our clients demand the best and will not settle for less and we strive to deliver just that. From the most expensive, ultimate luxury world-class stunning residences with sweeping Central Park views fit for ambassadors and other top diplomats, to more reasonably priced fine, modern and classic homes, we have the best quality apartments New York has to offer. Buildings we handle are clean, safe, modern, and top quality, with Doorman / Concierge services, floor-to-ceiling windows, spectacular views, high ceilings, Washer/Dryers, health clubs, pools, garages, and other desirable amenities. We do not limit ourselves to any particular inventory - we have access to everything that is available on the market. We are your complete one-stop resource for apartments in New York City. We show our clients ALL relevant properties so that they have no regrets that they missed anything.
►20 THINGS FOREIGN BUYERS MIGHT NOT KNOW ABOUT APARTMENTS IN MANHATTAN
►BUYING A LARGE APARTMENT (3-4-5++ BEDROOMS) IN MANHATTAN
►INFORMATION FOR INVESTORS: INDIVIDUAL (SINGLE) CONDO MANAGEMENT SERVICES
INFORMATION FOR FOREIGN BUYERS AND INVESTORS
Why buy real estate in New York? New York is a vibrant, interesting, international city, center of world business and world finance, with many cultural attractions and events, multinational communities, and many places of interest. There is no other place like Manhattan: everybody loves New York and everyone can feel at home here! And, as they say, real estate is location, location, and location. Manhattan is a stable and well recognized market in the US. It is the top real estate market in the world as far as economic environment, political climate, and great quality of life. Globally, Manhattan is a bargain when compared to cities like London, Paris and Hong Kong. And the best part is that Manhattan is friendly to Foreign Buyers! In some other capitals, such as London, there is talk about various new or proposed taxes aimed at rich foreign investors and offshore entities. By contrast, in New York, foreign buyers of new construction get 10 or more years of tax abatements (=lower taxes). Why would you want to buy anywhere else?
TO FINANCE OR NOT TO FINANCE
ALL-CASH BUYERS Some buyers have enough money and plan to buy all cash. This is the easiest way. If you pay all cash with your own money, you will not have to pay NY mortgage tax, (about 2% of the loan amount) and you will save on various bank related fees. Also, the whole process will be also much simpler and faster, as you won't have to wait for mortgage approval.
FINANCING YOUR PURCHASE: CAN A FOREIGN BUYER GET A MORTGAGE LOAN IN THE US Borrowing money for a portion of property price (applying for a mortgage loan) is also popular since it increases buyer's purchasing power. Foreign buyers can apply for real estate loan / mortgages at certain U.S. banks. In order to approve a particular buyer for a mortgage loan, a lending institution will ask the buyer for documents proving income and assets. If you are planning to buy in Manhattan and you are considering applying for a loan, please let us know and we will put you in touch with lenders who can give you the best deal possible.
MONTHLY EXPENSES FOR PROPERTY OWNERS
There are some monthly expenses associated with property ownership in the city. Both condos and co-ops charge monthly maintenance fee (called "common charges" at condos). Owners of whole townhouses do not have to pay any monthly maintenance fees. There are also property taxes. In case of co-ops, taxes are included in the monthly maintenance fee. Owners of condominiums and owners of townhouses have to pay property taxes directly to the city. Property owners who have diplomatic immunity do not have to pay property taxes in New York.
In the United States there are very few restrictions on international real estate investors, buyers, or sellers. Foreigners can buy real estate property in the US. As an foreign buyer or investor (foreign national) you may take title to real estate in your own name, in the name of a domestic corporation, a limited partnership, a limited liability company, or a real estate investment trust (REIT).
WE HAVE ACCESS TO ALL SALES LISTINGS IN MANHATTAN MARKET. We partner with all of the city's real estate companies to provide our clients with preferred access to the best apartments in New York.
Do you want to invest in Manhattan real estate? -What an EXCITING plan! We do property sales and rentals and we are here to take care of your New York luxury real estate needs.
Our clients demand the best and will not settle for less and we strive to deliver just that. From the most expensive, ultimate luxury world-class stunning residences with sweeping Central Park views fit for ambassadors and other top diplomats, to more reasonably priced fine, modern and classic homes, we have the best quality apartments New York has to offer. Buildings we handle are clean, safe, modern, and top quality, with Doorman / Concierge services, floor-to-ceiling windows, spectacular views, high ceilings, Washer/Dryers, health clubs, pools, garages, and other desirable amenities. We do not limit ourselves to any particular inventory - we have access to everything that is available on the market. We are your complete one-stop resource for apartments in New York City. We show our clients ALL relevant properties so that they have no regrets that they missed anything.
►20 THINGS FOREIGN BUYERS MIGHT NOT KNOW ABOUT APARTMENTS IN MANHATTAN
►BUYING A LARGE APARTMENT (3-4-5++ BEDROOMS) IN MANHATTAN
►INFORMATION FOR INVESTORS: INDIVIDUAL (SINGLE) CONDO MANAGEMENT SERVICES
INFORMATION FOR FOREIGN BUYERS AND INVESTORS
Why buy real estate in New York? New York is a vibrant, interesting, international city, center of world business and world finance, with many cultural attractions and events, multinational communities, and many places of interest. There is no other place like Manhattan: everybody loves New York and everyone can feel at home here! And, as they say, real estate is location, location, and location. Manhattan is a stable and well recognized market in the US. It is the top real estate market in the world as far as economic environment, political climate, and great quality of life. Globally, Manhattan is a bargain when compared to cities like London, Paris and Hong Kong. And the best part is that Manhattan is friendly to Foreign Buyers! In some other capitals, such as London, there is talk about various new or proposed taxes aimed at rich foreign investors and offshore entities. By contrast, in New York, foreign buyers of new construction get 10 or more years of tax abatements (=lower taxes). Why would you want to buy anywhere else?
TO FINANCE OR NOT TO FINANCE
ALL-CASH BUYERS Some buyers have enough money and plan to buy all cash. This is the easiest way. If you pay all cash with your own money, you will not have to pay NY mortgage tax, (about 2% of the loan amount) and you will save on various bank related fees. Also, the whole process will be also much simpler and faster, as you won't have to wait for mortgage approval.
FINANCING YOUR PURCHASE: CAN A FOREIGN BUYER GET A MORTGAGE LOAN IN THE US Borrowing money for a portion of property price (applying for a mortgage loan) is also popular since it increases buyer's purchasing power. Foreign buyers can apply for real estate loan / mortgages at certain U.S. banks. In order to approve a particular buyer for a mortgage loan, a lending institution will ask the buyer for documents proving income and assets. If you are planning to buy in Manhattan and you are considering applying for a loan, please let us know and we will put you in touch with lenders who can give you the best deal possible.
MONTHLY EXPENSES FOR PROPERTY OWNERS
There are some monthly expenses associated with property ownership in the city. Both condos and co-ops charge monthly maintenance fee (called "common charges" at condos). Owners of whole townhouses do not have to pay any monthly maintenance fees. There are also property taxes. In case of co-ops, taxes are included in the monthly maintenance fee. Owners of condominiums and owners of townhouses have to pay property taxes directly to the city. Property owners who have diplomatic immunity do not have to pay property taxes in New York.
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+1- 212-991-8072
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+1- 212-991-8072