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Foreign Investing

Non- U.S. investors can buy property in the U.S.A. on the same basis as an American citizen. This applies to properties selling for below $500,000, which all of ours certainly are. Title companies and banks require your full name, address and date of birth.

You will be required to complete a purchase and sale agreement with Smart Homes Investments Ltd., deposit an Earnest Money Deposit (EMD) with the licensed title company closing the property. The licensed title company will then prepare all of the necessary documentation and disperse all money involved in the transaction, which is standard practice in the state of Michigan.

Tax ramifications in regard to the appreciation or sale of foreign held property should be clarified with an appropriate accountant in your own country.