For International Real Estate Investors
There are many reasons to invest in real estate in the United States, especially Los Angeles.
Los Angeles: Global City
…connected directly to many parts of the world.
Los Angeles, the second largest city in the United States, is home to nearly 12.9 million residents, and is served by Los Angeles International Airport (LAX), the seventh busiest airport in the world. The airport is a major hub, focus city and international gateway for many major airlines from around the world.
Los Angeles: World Center
Los Angeles is one of the world’s centers of business, international trade, entertainment, culture, media, science, technology, and education. It is home to renowned institutions covering a broad range of professional and cultural fields. As the home base of Hollywood, it is known as the “Entertainment Capital of the World”.
Los Angeles is home to people from more than 140 countries speaking 224 different identified languages. Ethnic enclaves like Chinatown, Koreatown and Little Tokyo provide examples of the polyglot character of the city.
The economy of Los Angeles is driven by international trade, entertainment, aerospace, technology, petroleum, fashion, apparel, and tourism. L.A. is also the largest manufacturing center in the western United States.
Popular coastal cities like Santa Monica and Malibu provide a Mediterranean style climate throughout the year. With luxury hotels and white sandy beaches, the city enjoys a mild climate averaging about 20 degrees Celsius year-round.
Real Estate Ownership in the United States
United States is one of the most unrestricted open markets for international real estate investments. U.S. regulations do not restrict foreigners from buying homes, unless they are flagged as a security risk. By comparison to U.S. citizens, foreign buyers would need to put more money towards a down payment (if they plan to finance the purchase) and there is additional tax withholding when they sell the property.
There are many golden opportunities to own multi-million dollar properties at much lower prices than at the height of the 2005 market. International buyers have stronger purchasing power now with the weakening U.S. Dollar, and many newly wealthy foreign buyers are looking to diversify their investments here.
Stable economic and political environments in the United States also provide a safe haven for international investments.
High Standards of Real Estate Professionals
Applicants for a real estate broker license examination must have successfully completed eight statutorily required college-level courses, and have a minimum of two years full-time real estate salesperson experience within the last five years. Departments of Real Estate—which issue the licenses—have Professional codes of Conduct and Ethics for licensees to abide by. High standards and systems have been established to ensure that transactions are being conducted fairly and professionally.
Clara Yang specializes in residential and commercial sales and consulting. She received her MBA with a major in finance from the Pepperdine University, and holds a BS in Management from Cal Poly University. Clara is licensed as a Real Estate Broker in the State of California, and is a Certified international Property Specialist, and Certified Pre-Foreclosure Specialist. Clara speaks fluent Mandarin and Cantonese.
Explore the possibilities today
Let Clara show you how easy and rewarding buying real estate in Los Angeles can be. Just call or email Clara for more information.