Global Connections: Updates on FIRPTA, Foreign Taxation and Lending

About this Event

The 2022 International Transactions in US Residential Real Estate revealed that Arizona is the 4th on the list for international transactions in the US behind Florida, California, and Texas. Join attorney Mike Abel as he discusses FIRPTA, foreign taxation related to income, and estate taxes. Learn how it could create significant risk for foreign owners.

The 2022 International Transactions in US Residential Real Estate revealed that Arizona is the 4th on the list for international transactions in the US behind Florida, California, and Texas. Join attorney Mike Abel as he discusses FIRPTA, foreign taxation related to income, and estate taxes. Learn how it could create significant risk for foreign owners.

In addition, Jeff Needham will share how to position foreign investors to be approved for home loans. For today’s international investor working with a global bank that understands the complexities of the worldwide economy and the markets they invest in is imperative when looking to capitalize on the financial opportunity. A bank with competitive products and experience makes all the difference in ensuring a smooth transaction for your client.

Jeff Needham, who currently leads HSBC’s US Mortgage Originations business, will speak about the unique products and services HSBC can offer your international buyers. With a focus on solutions, he’ll focus on many obstacles your clients face when trying to buy a home and bank globally. HSBC has made the ability to quickly move money internationally with global transfers and international wire transfer services to lending for buyers without a US credit history easier for our clients. The ability to instantly access all HSBC accounts from anywhere in the world utilizing the multiple ways of banking means there is an option that fits every client. Foreign Nationals looking to invest in the US real estate market, those new to country buyers, or domestic clients looking to purchase a home here or abroad will find more opportunities and grow more with HSBC.

Presenters include:

Mike Abel, Attorney, Abel Law Group
Jeff Needham, US Head of Mortgage Originations | Wealth and Personal Banking, HSBC Bank

Presentation Notice

This class will be conducted via Zoom video conferencing. After you register, you'll receive a confirmation email with details on how to join the class.

Driving Directions