Topic: Buying House with bitcoin from USA - page 2. (Read 1480 times)

As far as I know they can buy house before I just don't know with the new administration of Donald Trump but it seems he is just mad at those illegal migrants. So, if you have legal papers and migration in the USA then just talk to the owner or a seller if he do accepts bitcoin but if not then just teach him how to use bitcoin or simply convert your bitcoins into fiat.

Anyone can buy a house in the US, but that may change your right to a visa. You go there with a tourist visa, you buy a house and suddenly you're not a tourist any longer. It's OK if you're over 50, as they will think it's a second home, but you have to be cautious.

You may be able to find one or two sellers in the entire country that would accept a Bitcoin payment.
But for the most part, you are still going to have to convert your BTC to fiat and pay that way.

Maybe someone has an idea for a business- paying for real estate with Bitcoin?

Yes, purchasing a house in the USA with bitcoin is fine. Bitcoin is the most direct way to purchase property in the USA for international buyers. As consumer awareness grows it will likely become the standard for real estate transactions. We actually offer consulting and intermediary services for this exact scenario. You are on the right track OP.

Sometimes people say "the Fed" meaning the US Federal Government, but "the Fed" is only the Federal Reserve.
So xhomerx10 is correct in his original answer in this context.

If your question is that all financial transactions from outside the US is monitored and checked with other
international financial systems, then the answer is yes. In theory, if you have money in a bank account that is
associated with illegal activity and they have flagged it as such and then you attempt to transfer it overseas to
the US, it could be frozen and seized. If your funds are not flagged currently, but are in the future, the US will
then also freeze and seize within the US banking system.

If you have converted those "illegal" funds into bitcoin within your own country and then mixed those coins good
enough that the original links have been entirely disconnected, and then you transfer those bitcoins to a US property
owner for the purpose of purchasing their property, everything in theory should be fine as long as those coins future
use will be deemed as "clean" by regulated exchanges or other regulated wallets.

If the home seller learns later that their coins were dirty and unusable or becomes frozen in exchanges or etc, they
would be able to open a legal action against you and your new property due to fraud and other counts. If they win,
they will likely get their property back and you will be in a US jail and then ultimately deported back to the country
that has determined you participated with or in the original crime that allowed you to get the "illegal funds" and they
will charge and prosecute you there.

Ultimately, the US government will not care as long as you are not breaking any laws or participating in criminal activity.
The issue with bitcoins and physical property sales is whether those coins are bad or dirty and you transferred that
liability knowingly and whether the original property owner has remedies. If the coins are transferred for example, from
your coinbase account to the home sellers coinbase account, that would somewhat satisfy some of the issues since the
home seller could assume that coinbase checked those coins and determined they were clean before allowing them to be
transferred from your coinbase account.

Other issues to consider are the contract/agreement terms and the terms of sale for the property that needs to
incorporate bitcoin clauses and elaborations to protect all parties. It may be your only protection if a dispute arises.

What you said is totally true and i think anyone can buy any property from USA with all legal procedures but some country have their rules through which no one is owning the property but they are all government and only users can enjoy the property but cannot sale or claim the profit

I think their will be legal paper work of that country before proceeding to buy any real estate property as every country has their own legal status of buying real estate, so if you follow all that procedures then you wont get any problem

I am a Trump supporter anyways. (He expressed himself clearly that he is only against illegal immigrants, not legal ones. I am counting on that.) I won't feel like a stranger, i hope. Unless they want to burn me Till they change the rules about the foreigner real estate buyers, i will consider buying a house from USA, and save it for my future holidays in my retirement days.

I would park my money outside of America if you are thinking about real estate investing outside your said Country.
The current set up would make most people antsy about investing,due to the protectionist vibe coming out of the Trump camp.
The rules could change on a dime and you would be out of pocket.
Adding the bitcoin dynamic and you come across as a super sketchy individual to most average people. Meaning you are a foreigner trying to use bitcoin and it would set off multiple red flags for you. My guess is this is not the best option for you and it would most likely look like you are using the house to gain access to USD and circumventing the normal route of transaction. Like parking the bitcoin in a house and then pulling it into a bank later,you would be bypassing any scrutiny of bringing a large sum into the Country.

Honestly think its more headache than its worth and due to the Chinese property buying lately I expect things to get clamped down even harder in the future to restrict foreign ownership that is used to hide money or gain citizenship in the future.

What about this: https://en.wikipedia.org/wiki/Terrorist_Finance_Tracking_Program

 The fed doesn't control every USD transaction. Not normally, not ever. 

Can a foreigner buy a house in USA with bitcoins?

I am aware of that the foreigners can buy a house from USA and there isn't any restrictions. But how about bitcoins?

I know if the seller accepts it there won't be a problem but how about the government? Are they ok with that?

Normally, FED controls/monitors every USD transaction all around the world and they check if the money is clean (legally obtained) or dirty (terrorism, tax evasion, drug dealing etc) . Especially if you send the money to USA. Since they won't be able to control bitcoin transactions, how would they know if you are a drug dealer or a legal citizen in your country? Or do they  even care?