Hey BP community. I have recently been thinking about leaving AUS to move to the U.S as im sure you have heard just how expensive Real Estate can be in Australia. Is there any other fellow Australian citizens out there who have done this? I have currently saved a fair amount of money and i am ready to invest. I know one fella named Angelo Rumero who moved from AUS to chase real estate in the states. Thanks for your help.
Real Estate Agent · Denver, CO · Member since 2020 · 103 posts · 65 votes
5y
@Mitchell Wade schmidt Now that's drive! Do you know what areas of the US you're interested in? As you contemplate this and potential investment strategies, be aware of FIRPTA. FIRPTA can quickly eat away at profit.
Good Luck! I love Australia and can't wait to return one day!