Have you decided to start a new life in another country? If the job offer is in the United States and you plan to buy a house, you should know that any foreigner with a tourist or work visa can have the opportunity to buy a house.

This is possible thanks to the Fair Housing Actwhich dates from 1968 and allows anyone in the country to buy a house without any restrictions, El Tiempo and Clarín explain.

They point out in Clarín that foreigners will receive the support and guidance of real estate advisors, the Ministry of Housing and also of Urban Development of the country.

The United States government allows foreigners to purchase real estate in the country. If you don’t have enough money, take advantage of a mortgage loan.

Find out what types of loans the government offers and how to apply for mortgage assistance. Photo: Pixabay/geralt Photo: PanoSupport

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They say from Clarín that those who have a work visa and a social security number can opt for the mortgage loan that the country offers.

“One of the most striking opportunities in the real estate panorama is the opportunity to acquire a real estate property that meets the requirements to qualify for the EB-5 visa, which grants the coveted permanent residence in the United States, better known as a ‘green card’. ‘, they add in El Tiempo.

They expand on this by citing immigration attorney Romy Jurado’s website, stating that this visa means the person can invest a certain amount of capital in a business in the United States and demonstrate that the investment will help create jobs in that country.

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Government programs to buy a house

Two types of programs described on usa.gov:

1. Government Mortgage Assistance Programs

If you’re considering buying a home, learn what types of loans the government offers and how to apply for mortgage assistance.

The Federal Housing Administration (FHA) “administers the FHA loan program. If you are purchasing a home for the first time, this type of mortgage may be the best choice for you.”

FHA loans offer several benefits because they are insured by the federal government:

View more via this link

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2. Voucher program for home purchases

In Vive USA they point out that if your family is on a low income and wants to buy a home for the first time, the Housing Choice Voucher program can help you; even to pay household expenses.

Homeownership vouchers “are a federal benefit of the Department of Housing and Urban Development (HUD) and are administered by your local public housing agencies (PHAs).”

In order to purchase your first home with home purchase vouchers, the following conditions must be met:

To read more, here

(JO)