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Can an H1B holder own property?

July 6, 2017

Can an H1B holder own property?

 

The answer is yes!  If you are on a H1B visa and you wish to buy property to live in or rent out, you can do it.  Your visa status has no effect on your ability to buy property, but be advised you may have issues with getting a loan.  The lending company will want to have assurances that you do not leave the country and not pay back your loan.  So, lenders may want larger down payments, or possibly higher interest rates, or in some cases a co-grantor to the loan.  Please speak to an attorney so that you can discuss your options.

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