Questions and Answers
Who can buy an apartment in the US?
In order to purchase real estate in the US you do not need to have American citizenship nor a green card holder.
However, it is required to issue an ITIN number - a tax identification number issued by the U.S. Internal Revenue Service (IRS) for those who are not U.S. citizens and do not have a Social Security number and have an apartment for investment in the United States.
Why real estate and why in the US?
Real estate is an investment that in the long run has proven to be the most lucrative and stable, the fact is that most business people in the world invest their capital in real estate.
Beyond that and unlike other investments, a real estate investor receives beyond the return a physical property that constitutes a basic residential need for the entire population.
In Israel, house price levels are high and less accessible to the average Israeli citizen. As a result of expensive housing prices, annual yield percentages are significantly lower than elsewhere, such as the US.
What is the recommended amount for investment?
The recommended amount for investing in real estate in the United States is between 150,000 - 200,000 NIS and up.
There is no alternative to money today, money that is in a savings plan at the bank loses its value and does not put us in anything. With an investment of NIS 200,000, we can receive about NIS 20,000 net annual income from our property.
Why Milwaukee?
Milwaukee is the largest city in the state of Wisconsin, on the western shore of Lake Michigan. Milwaukee is best known for its breweries and breweries, as well as its annual dairy fair.
The city is known for its financial stability, the lowest unemployment rates in the US, a healthy economy that produces jobs, the city is also known for the stability of real estate prices.
How do we make sure the property is in your name?
Buying an apartment in the US, as anywhere in the world, requires the intervention of an attorney. You receive your money from the title only after performing and approving all the tests) After the approval, a registration is made in the municipality and state documents, confirmation of this is received by email, and in addition the registration can be seen on the municipality's website.
How do you manage assets remotely?
The day-to-day management of the property is carried out by a local management company, which we and many entrepreneurs have been working with for many years, the company collects the rent and transfers the funds to a bank account, in addition we are in constant monitoring Come physically to the city, to make purchases and meetings with the contacts.
For more questions, contact us and we will be happy to help