Buying a home
We focus on your lifestyle, commute, space, building services, monthly costs and expected ownership period.
INTERNATIONAL BUYER GUIDE
Buying property in NYC as a foreigner
International buyers can own property in New York. MoveToNYC connects you with a dedicated real estate agent who helps you compare neighborhoods and buildings, tour properties remotely or in person, negotiate an offer and coordinate the purchase through closing.
Personal and investment purchases Live video and in-person tours One dedicated agent
THE SHORT ANSWER
Can a foreigner buy property in New York City?
Yes. You generally do not need to be a U.S. citizen or resident to own New York real estate. Your financing, tax planning and documentation may differ from those of a domestic buyer, so preparing the right professional team early matters.
Your agent handles the property search and negotiation while coordinating with your New York attorney, lender, tax adviser and other specialists when needed.
Buying an investment
We consider rental demand, building rules, operating costs, resale potential and how the property fits your investment goals.
Buying from abroad
Tour properties live by video, review clear comparisons and coordinate the transaction across time zones.
Buying with financing
Start lender conversations early so your search reflects realistic foreign-national mortgage options and requirements.
PROPERTY TYPES
Condo, co-op, townhouse or new development?
Condominiums are often the most flexible choice for international and investment buyers, particularly when renting the property later is important.
Co-ops can offer value but usually involve a more demanding approval process and may restrict subletting or certain ownership structures.
Townhouses provide greater control, together with responsibility for the building's condition, repairs and operating costs.
New developments require careful review of sponsor terms, delivery timing, closing costs and the offering plan with your attorney.
THE BUYING PROCESS
From your first conversation to closing
- 1
Define your goals and budget
Tell us whether the purchase is for you or an investment, your preferred timeline, financing plan and priorities.
- 2
Build a focused shortlist
Compare neighborhoods, property types, monthly costs and options that match your objectives.
- 3
Tour in person or by live video
See each property and building clearly, ask questions in real time and compare realistic choices.
- 4
Prepare and negotiate the offer
Your agent reviews comparable sales, discusses terms and presents the offer to the seller's representative.
- 5
Attorney review and due diligence
Your New York attorney reviews the contract and relevant property or building documents before you commit.
- 6
Contract, financing and closing
The team coordinates the deposit, financing, final walkthrough, signatures and closing arrangements.
PREPARE EARLY
What international buyers should have ready
Exact requirements depend on the property, financing and ownership structure.
- ✓ Passport and identification
- ✓ Proof of funds and source-of-funds documents
- ✓ Mortgage pre-approval if financing
- ✓ A New York real estate attorney
- ✓ Tax and ownership-structure advice
- ✓ Funds for closing and ongoing ownership costs
Protect your information. Do not send passports or financial statements in your first website inquiry. Your assigned agent will explain when and how documents should be shared.
COSTS TO PLAN FOR
Look beyond the purchase price.
Possible transaction costs include attorney fees, inspections, lender charges, title-related expenses, taxes and building-specific fees.
After closing, plan for property taxes, common charges or maintenance, insurance, repairs and property-management expenses where relevant. Your agent and attorney can identify the items that apply before you make an offer.
COMMON QUESTIONS
Buying in NYC as an international client
Do I need a U.S. visa or residency to buy?
Foreign buyers can generally own New York real estate without U.S. citizenship or residency. Immigration status and property ownership are separate matters.
Can I obtain a U.S. mortgage?
Some lenders offer foreign-national mortgage programs with different down-payment, documentation and reserve requirements. Begin financing discussions before touring seriously.
Can I buy without traveling to New York?
Many parts of the process can be handled remotely. Your attorney will confirm signing, notarization and closing requirements for your transaction.
Is a condo or co-op better for an international buyer?
Condos are often more flexible, especially for investors. Co-ops may offer value but typically have more restrictive approval and subletting rules.
Who answers legal and tax questions?
Your agent handles the property search and negotiation. Attorneys, tax advisers, lenders and other qualified professionals provide advice within their fields.
START YOUR SEARCH
Tell us what you want to buy in New York.
Share your budget, timeline and whether the property is for you or an investment. We will connect you with a dedicated agent and explain the next steps.
Start my property searchThis guide provides general information and is not legal, tax or financial advice. Requirements and costs vary by buyer and property. Consult qualified professionals about your circumstances.