Worldway's latest comprehensive news on U.S. investment immigration: After successfully immigrating to the United States, many new immigrants are keen on buying property in the U.S., which is a common way of overseas investment. Worldway is the first to analyze and point out that 2015 is an important year for Chinese overseas investment, and the optimal time for investing in the U.S. has arrived. So, what issues should new immigrants pay attention to when investing in property in the U.S.? In this issue, Worldway experts will provide a detailed analysis of one of the secrets of buying property in the United States that investment immigrants must know.
In the United States, the definition of property area is calculated based on the living area. For example, American villas may have basements, which are not counted in the living area if not specially renovated, and balconies and garages are also not included. The living area calculated in the U.S. refers to the usable indoor living area. When considering property prices in the U.S., one should not look solely at the price per area but rather at the prices of nearby properties in the entire community. Many Americans buy single-family homes, and the price of these homes is influenced by various factors, such as the quality of the area, the number of garages, and the size of outdoor garden land.
So, what counts as property area? American residences are often standalone, without interference from common areas, and some areas within the residence are not included in the building area, such as general corridors, basements, small attics, yards, and garages, which are not included in the total sales price. Since the U.S. implements permanent land ownership for buyers, the area of outdoor gardens does have some impact on the total price. Apartment-style properties also only consider usable area, not the construction area as in the domestic context, and there is no shared area, so disputes over area between buyers and sellers are unlikely to occur.
Therefore, the living area of U.S. properties refers to the usable indoor living area. Thus, when buying property in the U.S., one should not only look at the area of the property but also consider the supporting facilities of the entire property, such as whether there is a basement, laundry room, garage, etc. Consequently, the price of U.S. properties is not solely based on the area but is a comprehensive consideration of factors such as the quality of the area, the number of garages, and the size of outdoor land.
In addition, the mainstream of the U.S. real estate market is single-family homes in suburban areas, rather than apartments. Generally, American single-family homes have at least three bedrooms, while townhouses start from two bedrooms; of course, the more bedrooms, the higher the price. Within the same area, property prices are often proportional to the number of bedrooms. Additionally, the more outdoor land area a house has, the higher the total price, mainly because the U.S. implements permanent land ownership for buyers, thus the land area has a significant impact on the total price of the property.
Worldway immigration experts point out: Immigrants must seize the opportunity in the 2015 overseas investment year, especially as the EB-5 investment immigration waiting period approaches. Worldway has two high-quality approved projects—Pennsylvania Highway Project (an approved government project with a high employment rate and low risk) and New York Liberty Garden Luxury Apartment Project (an approved high-guarantee, low-risk quality real estate project) that should not be missed! Currently, after several rounds of rush purchases, there are very few slots left for these two projects.
Worldway kindly reminds: Choosing Worldway's two high-quality projects also allows you to enjoy great discounts. This promotional event will end at the end of April, and the last golden opportunity of the promotional month should not be missed! To secure the last slots of the promotional month, please call: 400-138-2929
