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Do I need to be a Virginia resident to buy a house?
I just moved from Delaware to Virginia to take a new job, and I am interested in buying a house in the near future. Do I need to change to VA residency? What are the benefits to changing residency? Thanks.
4 Answers
- fishpikeLv 41 decade agoFavorite Answer
You do not need to be a resident to buy a house. However, you need to establish residency after you move. Residency determines state taxes, voting privileges, driver's license, etc.
- Anonymous1 decade ago
Any American can buy a house in any state without being a resident of that state. In some states a resident may be able to get a homestead exemption for property taxes. Some states have no state income tax so establishing residency there can be beneficial. To vote in a state, you have to be a resident.
- sarah janeLv 71 decade ago
You have to change your residency, whether you buy a house or not. Your drivers license and insurance must be changed to your new state.
- Anonymous1 decade ago
You can buy any house in the USA you can afford to pay for.
