Join Us! International Forum – United Kingdom 12/1
Understand the Cultural aspects of United Kingdom! Learn the languages used, history, culture and correct etiquette for the United Kingdom clients. Trends focus on the profile and volume of the international clients who purchased U.S. residential property from the United Kingdom in our region and others are:
- How do you greet?
- Who in the family makes the decisions?
- What is an appropriate gift to give one from UK?
- What is the appropriate way to get referrals in UK?
Exploring Financial Considerations Comparison of how real estate is sold and marketed in the United Kingdom versus the United States, typical financing requirements and purchasing approaches for international buyers. Description of types of required VISA’s to purchase in the United States; with benefit to the buyer, and more knowledgeable to the real estate community.
Working with Foreign Buyers and Sellers Working with international clients presents challenges not necessarily encountered on a typical deal. There are the obvious:
- Logistical challenges
- Potential legal considerations
- Lending/financial hurdles
Join us for an important class that will highlight the ins and outs of FIRPTA (Foreign Investment in Real Property Tax Act), financing and the logistical and cultural issues that you may encounter. You will leave this class with a better understanding of FIRPTA background, withholding requirements, withholding certificates and the associated contract/closing documents as well as key logistical and lending items to consider when working with foreign buyers or sellers.
Barry Taylor, Veteran, – British Army
Scott Shelton, Lender – Academy Mortgage
Keith Barrett, Esq. – VESTA Settlements
MEM: $15 / NM: $25
Sponsored by: Movement Mortgage