What Foreigners Need to Know When Purchasing Property in the U.S. | PREI 025




Passive Real Estate Investing show

Summary: In this episode we talk to Chris Picciurro, the co-founder of Integrated Financial Group, about the many important tax-related topics related to investing in the United States as a foreign national.  There's a lot to consider from withholding taxes, tax reduction strategies and asset protection.  This episode is full of great content and a must listen if you're an investor from any country outside the U.S.<br> <br> His contact information is:<br> <br> Chris Picciurro<br> 1 (888) 434-7791  x106<br> www.integratedfg.com<br> http://www.linkedin.com/in/picciurro<br> Twitter: @PiccCPA<br> <br> - - - - - - -<br> <br> Download your FREE copy of:<br> The Ultimate Guide to Passive Real Estate Investing.<br> <br> Get your FREE coffee mug by leaving us a Rating and Review on iTunes.  Here's how.<br> <br> See all our available Turnkey Investment Properties.<br> <br> Please give us a RATING &amp; REVIEW   (Thank you!)<br> <br> SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed <br> <br> <br> <br>  <br> What Foreigners Need to Know When Purchasing Property in the US with Chris Picciurro<br> Welcome to Passive Real Estate Investing. I’m your host Marco Santarelli. I just finished recording an interview with a very knowledgeable CPA who’s the co-founder of Integrated Financial Group, and what we discussed is taxes. But don’t let that turn you off. Taxes as it relates to foreign national investors. If you are looking to invest in the United States or you have been investing in the United States, you’ll definitely want to listen to this episode. <br> <br> Chris specializes in taxes for non-resident and non-US citizens that are looking to buy or are already purchasing investment property in the United States. He has some great advice. We stopped to look at estate taxes, withholding taxes, how to structure your entities. Now this is not case specific. We had to be somewhat general, but there’s so much great content. <br> <br> I hope you get a lot out of this episode as we talk to him about purchasing property here in the US. I hope you find this episode informative because tax laws can be complicated but it really comes down to a case by case basis. Stay tuned.  <br> <br> It’s my pleasure to welcome Chris Picciurro. He is the Executive Officer and Co-founder of Integrated Financial Group. This guy has a list of credentials longer than my arm. I’m just going to highlight some of the stuff here. He has over 15 years’ experience as a CPA, including an adjunct instructor at Davenport University. He’s an Accounting Instructor with an MBA program, I think I got that right. He’s a graduate of Michigan State University. Has an MBA from the University of Detroit. He is extremely knowledgeable when it comes to taxes, especially as it relates to foreign investors. His list goes on and on. I’m not sure what this means but Chris maybe could tell us a little about it, Rich Dad Educational Events. Anyway, Chris, welcome to the show.<br> <br> Hi, Marco, it’s good to talk to you again. How are you?<br> <br> I’m doing fantastic.  I’m excited to have you on the show here because we work with investors not only around the United States but around the world. A lot of them come from Canada, Australia, England, we have some people from Japan, so it varies. I know you can talk a lot about taxes as they relate to citizens within and outside the United States. But for today, at least, I want to put more of a focus on taxes as they relate to foreigners investing within the country. That’s framing this episode. Let’s start off by talking about where you’re located. Maybe you can explain this Rich Dad Educational Event.<br> <br> Our headquarters is in the Detroit Area, outside of Detroit, Michigan. Although the scope of our practice is not only throughout the United States but it’s throughout the world. We specialize in assisting non-US residents that buy invest...