Warning!!
 Reporting requirements to comply when buying an asset in the US

In the US there is an entity called Bureau of Economic Analysis which regulates the purchase of properties by foreigners and any acquisition should be reported to them.

Failure to report a purchase could carry up to a 25k fine or jail time.


http://www.bea.gov/surveys/fdiusurv.htm
which form to file?
http://www.bea.gov/surveys/pdf/form_trans_2011.pdf