U.S’s Real Estate’s legal framework and business conditions broaden for UEFers

The programme began with the experts analyzing the American legal system that applied to the right of Real Estate ownership and business activities for the foreign individuals and organizations. The UEFers were given detailed information about the essential conditions, legal rights and obligations for investing in this field. Especially, the guest speakers greatly highlighted the legal barriers together with ways to comply with the laws in each U.S state - where the law differs from the inter-state lawsuits. This helps the students recognize the importance of understanding the law before joining the international market.

Especially, the complicated network of taxes for U.S’s real estate activities was the most asked and practical situations-given topic. During her sharing, Ms. Megan Cung helped UEFers to better understand Property Tax - the yearly paid tax based on the assessed value of the estate. This is one of the important financial obligations that foreign investors need to take note of when owning a real estate in the U.S. 

 

         The working stories together with U.S Real Estate market trends shared by experts

In addition, the speakers also delved deep into Rental Income Tax and Capital Gains Tax. For Rental Income Tax, the experts pointed out calculating strategies and legal fees that allow deduction in order to minimize tax obligations for investors. With Capital Gains Tax - applied for real estate transferring and earn profits, Mr. Tuan Lan provided many Transaction cost optimization solutions to ensure effective compliance with the law. These information greatly created better understandings of important taxes and essential financial methods in international investment. 

 

           The global career trend in the context of international integration was highlighted

A special highlight during the workshop was the sharing about the tax deferral process through policies such as “1031 exchange” - a mechanism that allows investors to sell an estate and re-invest in another one with the same or higher value to defer Capital Gains Tax. Mr. Danny Duy analyzed the conditions and benefits this mechanism brought, which helped UEFers greatly recognize a clever financial policy for long-term investment.

With the specialized sharing and analysis from the experts, UEFers not only gain basic legal and tax knowledge in the field of Real Estate business in the U.S. and the chance to expose themselves to practical situations with clear illustrative examples. The sharing about experiences in handling difficulties, risks and investment in strategy planning from the experts brought many valuable lessons. It can be seen that the workshops at UEF has opened the gateway to practical job opportunities, which greatly equipped UEFers with essential knowledge to confidently step into the global working environment.