Is Your Seller Foreign Under FIRPTA- Maybe Not!

Title Companies and Realtors are too quick to assume a seller is foreign.  There are four easy ways to tell and one difficult way;

Four Easy Ways to Determine

• Have a US Passport- Not Foreign
• Have a US Birth Certificate- Not Foreign
• Have US Naturalization Documents- Not Foreign
• Long-term Permanent Resident Visa- Green Card- Not Foreign

One Difficult Way to Determine

Substantial Presence Test

We count the number of days in a three-year look back period, if it equals 183 days and they’re not here on an exempt visa (exempt from the substantial presence test)- Not Consider Foreign.