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Nils Fischer
  • Zurich, Switzerland
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Mortgages / Creative Financing for Foreigners

Nils Fischer
  • Zurich, Switzerland
Posted

Hi everyone,

I currently work and live in Switzerland but would like to start investing in the USA.


Any experience, private lenders, or mortgage brokers who have experience with foreigners are appreciated!

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Tony Severance
  • Lender
  • Fort Worth, TX
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Tony Severance
  • Lender
  • Fort Worth, TX
Replied

@Nils Fischer Keep in mind that closing of escrow can be a bit tricky from thousands of miles away in a foreign country.  It can be done at a the US Embassy or with the use of an Apostille, which is basically an internationally recognized notary for countries that participate in the Hague Convention of 1961.  Switzerland is a member of this convention. 

Here is some additional info about tax ID numbers to go along with your LLC: You can't file an EIN as citizens do, but you must file a taxpayer identification number, AKA ITIN or TIN, with the IRS so you can do business in the U.S. and be taxed accordingly. The process to get a TIN is not difficult, but it can take many weeks.


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