Calling All Foreign Investors!

DANIEL ACKER/BLOOMBERG

As part of a recent bill passed by Congress and signed by President Obama, overseas investors will now have an easier time investing in US real estate. Be it hard assets or the purchasing of REITs, the provision waives certain taxes imposed on foreign pension funds which have faced somewhat higher taxes than their US equivalents for the past 35 years. This is big news since foreign investments in US real estate has already been way up especially since the financial crisis in 2007. [Bloomberg]

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