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davis196
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November 16, 2016, 07:09:55 AM |
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Can a foreigner buy a house in USA with bitcoins?
I am aware of that the foreigners can buy a house from USA and there isn't any restrictions. But how about bitcoins?
I know if the seller accepts it there won't be a problem but how about the government? Are they ok with that?
Normally, FED controls/monitors every USD transaction all around the world and they check if the money is clean (legally obtained) or dirty (terrorism, tax evasion, drug dealing etc) . Especially if you send the money to USA. Since they won't be able to control bitcoin transactions, how would they know if you are a drug dealer or a legal citizen in your country? Or do they even care?
Yes, a foreigner can buy a house in the USA with bitcoin,if the seller agrees to use bitcoin. But you will have convert some of the bitcoins into fiat to pay for some transaction fees and taxes. You will have to proove the origin of the bitcoins,i guess. |
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Every time a block is mined, a certain amount of BTC (called the
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subsidy halves every four years and will reach 0 in about 130 years.
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deadsilent
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November 16, 2016, 10:59:19 AM |
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I dont know where to buy but im sure you can buy a house using your bitcoins in US. If you can weed using bitcoin, im sure you can have house with bitcoin. Just know exactly the location but i know some hotels and restaurants which accepting bitcoin as payment. You can also ask someone to sell their house for bitcoin. Thats a bit easier than searching here.
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xhomerx10
Legendary
 Offline
Activity: 3822
Merit: 7969
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November 16, 2016, 04:33:41 PM |
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Can a foreigner buy a house in USA with bitcoins?
I am aware of that the foreigners can buy a house from USA and there isn't any restrictions. But how about bitcoins?
I know if the seller accepts it there won't be a problem but how about the government? Are they ok with that?
Normally, FED controls every USD transaction all around the world and they check if the money is dirty or clean. Especially if you send the money to USA. Since they won't be able to control bitcoin transactions, how would they know if you are a drug dealer or a legal citizen in your country? Or do they even care?
The fed doesn't control every USD transaction. Not normally, not ever. What about this: https://en.wikipedia.org/wiki/Terrorist_Finance_Tracking_Program Very interesting and even a little sad. I guess you are never truly free. All transactions over a set amount are reported in most countries but not to the fed. |
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Blitzboy
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November 16, 2016, 04:45:17 PM |
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I do not live in US which means i have never seen someone buy a house by Bitcoin. I know that bitcoin can buy a lot of things on the internet and now people are trying to develop a system which accepts bitcoin on the outside world. Mostly, people buy small stuff by Bitcoin such as tea, candy, paying tax, fees as well as some smartphones.
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just_Alice
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November 16, 2016, 04:52:40 PM |
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Anyone can buy a house in the US, but that may change your right to a visa. You go there with a tourist visa, you buy a house and suddenly you're not a tourist any longer. It's OK if you're over 50, as they will think it's a second home, but you have to be cautious.
But isn't buying a house involves a lot of paper work and then they will see that you are not a citizen and thus have no right to buy a house in the USA? I mean I don't know for sure about the USA but where I live it's impossible to legally buy a house if you are not a citizen. |
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Harlot
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November 16, 2016, 04:58:13 PM |
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I don't know the right answer for that, as people here are not normally real estate dealers. However their is a quick fix to your problem if your are really looking to buy a house with Bitcoin, You convert it to USD. Having Bitcoin be converted to Fiat will make you buy a house using your earnings with Bitcoin. Amd also you will have a hard time looking for people who will be accepting bitcoin as a mode of payment for big money transactions that is.
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olushakes
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November 16, 2016, 05:06:54 PM |
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For me personally, I wont want my money outside my country of residence not to talk of United States of all country? With all their scrutiny and laws, I better put my money somewhere else. And if I must, I would rather find a way to bring it in rather than Bitcoin because the next thing I would see is I am now on watchlist of FBI, CIA, Secret Service and host of others.
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johnnyyash
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November 17, 2016, 07:04:40 AM |
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Can a foreigner buy a house in USA with bitcoins?
I am aware of that the foreigners can buy a house from USA and there isn't any restrictions. But how about bitcoins?
I know if the seller accepts it there won't be a problem but how about the government? Are they ok with that?
Normally, FED controls/monitors every USD transaction all around the world and they check if the money is clean (legally obtained) or dirty (terrorism, tax evasion, drug dealing etc) . Especially if you send the money to USA. Since they won't be able to control bitcoin transactions, how would they know if you are a drug dealer or a legal citizen in your country? Or do they even care?
As far as I know they can buy house before I just don't know with the new administration of Donald Trump but it seems he is just mad at those illegal migrants. So, if you have legal papers and migration in the USA then just talk to the owner or a seller if he do accepts bitcoin but if not then just teach him how to use bitcoin or simply convert your bitcoins into fiat. i agree with you sure.... |
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countryfree
Legendary
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Activity: 3052
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Your country may be your worst enemy
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November 17, 2016, 11:04:04 PM |
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Anyone can buy a house in the US, but that may change your right to a visa. You go there with a tourist visa, you buy a house and suddenly you're not a tourist any longer. It's OK if you're over 50, as they will think it's a second home, but you have to be cautious.
But isn't buying a house involves a lot of paper work and then they will see that you are not a citizen and thus have no right to buy a house in the USA? I mean I don't know for sure about the USA but where I live it's impossible to legally buy a house if you are not a citizen. There's no problem in not being a citizen. In some places, it's very common. In Florida, there are buildings and even some neighborhoods where most landowners are foreigners. But owning a house doesn't give you the right to live there permanently, nor to work. |
I used to be a citizen and a taxpayer. Those days are long gone.
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staff_1307
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December 05, 2016, 08:48:19 PM |
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I think this is not a problem, you need to Bitkoiny in real money to buy a house  |
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