by kramoltz@hotmail.com | Jun 7, 2022 | Arizona and Its Amenities, Canada and Canadians, Global Buyers + Foreign Investment
It has been a while since I detailed who are flocking to the Valley of the Sun. The latest U.S. Census shows that by far the most movers to the Phoenix area are from Los Angeles, Long Beach and Anaheim. Tucson came in number two. Those from Asian countries were the...
by kramoltz@hotmail.com | May 9, 2022 | Global Buyers + Foreign Investment, Selling Your Home, Taxes
When a foreign person sells U.S. real estate, 15% of the sale price will withheld. However, U.S. formed entities like limited liability companies are not themselves considered to be a foreign person so withholding would not apply (although their members may be...
by kramoltz@hotmail.com | Jul 13, 2021 | Global Buyers + Foreign Investment
Over the years, I have provided updates on the importance of foreign buyers to Arizona and the U.S. But for several years now, participation in the global residential marketplace has been waning. In the U.S., purchases of homes by foreign buyers has been declining...
by kramoltz@hotmail.com | Oct 19, 2020 | Global Buyers + Foreign Investment
International transactions are important to Arizona. Global trade means that foreign buyers are doing business here and buying homes in the Phoenix area. If you are in business here or are considering doing business in our state, useful information is in the NAR...
by kramoltz@hotmail.com | Sep 13, 2019 | Global Buyers + Foreign Investment
At present, the way real property – such as homes, offices or retail – are measured around the world varies dramatically. The IPMS Coalition, a group of more than 60 organizations from around the world, has created international property measurement...
by kramoltz@hotmail.com | Aug 12, 2019 | Global Buyers + Foreign Investment
The latest Profile of International Activity in U.S. Residential Real Estate has been released by the NAR: https://tinyurl.com/y4xtsec2. The major foreign buyers are from China, Canada, India, the United Kingdom and Mexico, in that order. Arizona continues to be a top...
