Types of foreigners residing in the USA

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Companies or properties
In this case, companies are entities created by law and are responsible for declaring the profits obtained from their business activity. There are also properties that foreigners acquire in the USA with the aim of having their own residence, renting it out or investing in the real estate market. In both cases, they are also assigned taxes in the USA for foreigners. Let's look at the main groups:

Limited liability companies (LLC) : These iran phone number library are a type of company for foreigners that allows them a certain amount of flexibility and protection. They are allowed to operate in the country and must pay taxes on their profits. They may do so on an individual level, depending on the organization of the company.
Corporations (C-Corp) : This is a group of companies reserved for temporary residents only. They allow foreigners to own property without restrictions and are taxed as a separate entity.
Joint ventures : These are created by foreigners and local companies as a form of support in different projects such as startups or businesses. They have tax benefits due to double taxation treaties.
Residential or commercial properties: foreigners who buy homes to live in, rent or sell. Also commercial premises such as offices, shopping centres, hotels, etc. The profits they generate must be declared at the federal and state level.
Agricultural or forestry investments : some foreigners decide to invest in agricultural land to develop sustainable projects that also generate incentives and have their taxes.