Selling commercial properties for visas

International Real Estate Add comments

Commercial real estate is going to be the next wave of massive foreclosures and that it will provide investment opportunities for international investors as well as domestic investors. The difference is that commercial real estate is more risky than residential because it is not just enough to get a very strong discount on the price, but the property remains unprofitable whatever is the acquisition price if it cannot attract enough tenants, either individuals or businesses.

International investors can get visas and green cards if they invest in commercial real estate.

International investors can get visas and green cards if they invest in commercial real estate.

So some commercial properties are simply condemned and will not be able to be salvaged following a typical investment strategy where investors would be looking for a middle term return (lets say in 18 months).

So there are now projects that are trying to salvage some commercial properties with the issuance of visas and green cards for international investors who wish to invest long term some sizable amount of money into a project they would not be able to control directly (there are specific rules on how this is performed that I won’t describe here).

The interesting fact is that the US government is already moving to put some brakes on the commercial real estate imminent dive by offering full access to the country to foreign investors that are willing to put some cash at risk in exchange of this opportunity.

It is quite an interesting trend, which I don’t think was heard of before, and it will definitely produce results since several people will be interested in in having the US for some other business and will pay this “price” happily despite any risk.

Roberto Mazzoni

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