Yes, U.K. residents can buy U.S. real estate!

With a mortgage from America Mortgages, any U.K. citizen can buy property in the United States.

No laws in the United States, regardless of nationality, specifically prohibit non-citizens from purchasing or owning property in its states and territories. What was once reserved for the extremely wealthy and British rock stars has become more widely available.

Our lending tiers begin with residential properties valued at a minimum of $200,000, with a minimum loan amount of $125,000, which is perfect for those looking for seasonal vacation homes as a source of rental income. America Mortgages additionally provides commercial, portfolio, and bridge loans, each requiring a minimum loan amount of $1,000,000.

Buying a house in the U.S. 

However, since owning property in the U.S. does not grant residency rights, purchasing property there for U.K. citizens may only be the first step. The duration of your stay is legally restricted to the time period allowed by your visa if you are not a permanent U.S. resident. Even so, a path to citizenship (via naturalization) and permanent residency (via substantial real estate investments) in the United States is possible.

U.S. Green Card for U.K. Citizens through property ownership. 

For instance, the EB-5 visa, requires a minimum investment of $800,000, can grant one conditional permanent residency or a U.S. Green Card. While this does not grant instant citizenship, it can speed up the process of obtaining U.S. residency, which could eventually result in full citizenship. Owning a property in the U.S. does not count as an investment under the EB5 program. Consult an EB5 lawyer or advisor for more information.

U.S. housing market for U.K. Citizens

Due to several factors, such as an increase in home offices and those with financial means driven by a Fear of Missing Out (FOMO), the housing market in the United States has heated up as it transitions to a post-pandemic economy. But unlike many other countries, the U.S. has no uniform housing market; there are 50 states and one federal district (Washington, D.C.). U.K. citizens who invest in U.S. real estate should keep this in mind.) they provide just as much variety within themselves as they do overall.

Best Place to buy a house in the U.S.

For instance, $400,000 in Texas will buy you a 4 bedroom, 3 bath home, but the same amount will buy you a 1-bedroom apartment in New York City. However, as was already mentioned, U.K. nationals are not required to be among the top 1% of earners to buy a home in the U.S.

Financing U.S. Housing as a U.K. Citizen

America Mortgages provides U.S. residential mortgage services to foreign nationals and U.S. expats residing in the U.K., including U.K. citizens who want to invest in U.S. real estate. Our focus is solely on financing solutions for this specific group of individuals. Our international team of experts is dedicated to assisting you, and we have a wide network of the top 150 U.S. lenders, enabling us to approve 97% of mortgage applications from U.S. citizens and foreign nationals. If you are interested in learning more, please contact us at [email protected]