Can a non-US resident participate in iBidcondo and purchase real estate in the United States?
Foreign nationals may participate in iBidcondo and may purchase and own real estate in the United States. Non US-residents may be subject to certain withholding and other tax implications based on the individual’s circumstances. iBidcondo makes no representations and cannot give advice regarding any tax implications applicable to a foreign purchaser of US real estate and foreign bidders should seek professional advice before purchasing US real estate.