FAQ

For a non-resident, the costs of a Manhattan apartment arise at three stages. At the deal you pay a tax on the high-value purchase from 1%. Then you pay the running costs every year. And on sale you hand over 15% of the proceeds straight away — the US tax authority withholds it under FIRPTA, and refunds the excess later. Behind the asking...

Since 1 July 2026 New York has charged an annual tax on a home that is not the owner's primary residence. For a condominium worth more than $1M by the city's valuation, that is 4–6.5% a year. The key feature: the exemption applies only to a primary residence, and a foreign buyer rarely qualifies for it — even when the New York apartment...

In New York an apartment is bought in one of two forms — a condominium or a co-op. A co-op is cheaper both at entry and to run, but its board almost always turns down a foreign buyer's application. A condo costs more, but it is open to a non-resident and rents out freely. We set out how the two forms differ and why the choice is usually made...

Over the years, topical issues about immigration to the United States of America have remained unchanged. People are looking for financial stability, security for themselves and their families, freedom, and independence. They can find it all in the USA. From this material, you will learn how to register and obtain a Permanent Resident Card in the...

America is one of the world’s most popular countries for immigration and business. Many entrepreneurs seek to enter the American market because they see the potential for their companies to develop. This is one of the reasons why American real estate is in high demand. Buying an apartment in New York, the largest city in the United States of...

New York is a city where dreams come true and global trends are born. Most people in the world associate America with it and it's where the famous Statue of Liberty is.  This article will help you learn about what the appeal of New York is that motivates people to move there. We’ll also look at what pitfalls there are. Content: Is...

Among all the capital markets of the United States of America, property for sale in New York is the world’s most expensive. According to some reports, the local housing market is estimated at $3.51 trillion (¥22.3 trillion). To compare this, in Los Angeles, this figure is $3.27 trillion (¥20.7 trillion). You can learn more about the...

2020 was a test of strength for everyone. The severe crisis caused many people to try and become more financially savvy. People who did not have a financial cushion during the pandemic began to look for sources of additional earnings, study ways to invest money, and plan their budget more carefully. From our article, we suggest you learn about what...