This is a short list of our most frequently asked questions. For more information, please call us at 302-565-8210 or write to us using the contact form. You can also reach us through WeChat by scanning the QR code below:
I’m a Chinese citizen, can I buy properties in the USA?
Do I have to be physically in the USA to buy properties?
As a Chinese citizen, what documents or information do I need to provide when buying USA properties?
As a Chinese citizen buying USA properties, do I have different property rights compared to a USA citizen?
How do I transfer the funds from China to USA? Who do I wire the money to?
How does a typical property look like?
How much is the earnest money deposit required once I decide to buy?
After paying the earnest money deposit, how many days does it take for me to actually own the title of the property?
Where would the closing be held at? How long does it usually take?
When will I get the property deed?
Can I talk to your existing clients?
After buying the property, who is going to manage it for me? How much do you charge?
What kind of tenants do you rent the properties to?
Can I apply for a mortgage/loan on the properties I buy?
How much are the property tax, transfer tax, and insurance?
How much personal income tax would I have to pay every year?
We are not licensed CPAs and therefore would not be able to advise you on personal income tax matters. However, see below for the estimated taxes for a property that rents for $1,325 per month. The total tax amount is only $190, when the total annual rent amount is $15,900.