We get this question A LOT. Our friends from north of the border or across the pond want in on the action. Are they able to invest in tax sale properties even though they aren’t US citizens? We’ll answer that question in today’s video.
Transcript:
Hey, everybody! It’s Casey Denman here with The Tax Sale Academy. And today’s video was made especially for the out of country investors. I get emails just about every day from my out of country friends that ask me, “Can I invest in tax sale properties in the United States even if I don’t live there?” And the answer is yes. As long as you’re the age of 18, you can invest in tax sale properties. It doesn’t matter if you’re a resident of the United States or a non-resident of the United States.
Now, when it comes to auctions, of course, it might be a little more difficult for you to attend the in person only auctions. But, there’s a slew of online auctions that you can attend from the comfort of your own home, even if it’s across the ocean or if it’s north of the border. Logistically speaking, however, when it comes to investing in tax sale properties in the United States, you got to remember that you’re buying a piece of property. We’re not talking about tax liens here where you’re buying just a piece of paper or a lien. You’re actually buying a piece of property.
So, if you’re to buy a house, you have to be able to maintain that house. And that’s going to be a little bit difficult for you to maintain it if you live thousands and thousands of miles away from the United States. Even if you sell it in a month or two, you still have to be able to maintain it during that month or two while you’re holding it while you’re marketing that property and trying to sell it.
So you might want to gear your attention maybe towards vacant property. That might be more suitable for you and easier to deal with since you don’t have the maintenance hassles. You could buy lots, you could buy acreage, you could buy a whole bunch of vacant property. And like I said, they’d be a lot easier for you to deal with in the long run.
For more information on how our out of country investors can take part in the very lucrative tax sale business here in the United States, go to TaxSaleAcademy.com. Have a wonderful day!