Work visas tougher to snag (3/18/2015)
It’s getting harder for international buyers to enter the U.S. if relying on a work visa; 35% were denied last year, a number that has risen for the past four years.
NAR: Asians top U.S., Canada commercial investors (3/13/2015)
36% of U.S. commercial Realtors report an increase in international investment: 47% from Asia, 22.5% Europe, 21% Latin America and 20% Middle East.
Nonprofits urge Treasury to inspect foreign buyers (3/12/2015)
A coalition of 17 nonprofits wants the Treasury Dept. to make the real estate industry verify foreign buyers’ identities and vet them for money-laundering risk.
Business travel can sometimes involve risk (3/11/2015)
A few recent events have focused Realtors on safety, and those serving international clients have an additional set of risks to consider.
Canadian bank to clients: Fla. homes still a bargain (3/9/2015)
A Fla. home purchase has grown a bit more expensive thanks to rising real estate values and exchange rates, but it’s still a Canadian’s bargain, according to BMO.
Surge in Chinese investment raises fraud risks (3/2/2015)
Chinese investors seeking U.S. green cards face a risk of fraud under a loosely regulated visa program, according to a report from a federal watchdog.
Easy U.S. visa rules attract more Chinese buyers (2/12/2015)
In Nov., China and the U.S. signed an agreement to eliminate yearly renewals of tourist and business visas; both countries’ citizens can obtain 10-year visas.
International viewed as a high-growth sales niche (11/14/2014)
A Realtor is central to any international transaction. He or she must effectively bring together two different cultures, finance systems, etc., to close the deal.
Common myths of working with international buyers (11/5/2014)
Different languages, cultures and business protocols scare some real estate agents, but strong int’l sales don’t always require a second language or lots of travel.
Canadian snowbirds encouraged to buy a Fla. home (10/14/2014)
BMO Bank of Montreal’s “Annual Snowbird” outlook tells Canadians that U.S. home “affordability remains healthy, and prices are expected to increase in Fla.”
Chinese buyers may want a ‘feng shui contingency’ (10/6/2014)
An upswing in Asian buyers may bring a new wrinkle to some transactions, as a few Chinese buyers want to study a home’s “energy flow” before closing.