Condos require no board approval, allow LLC ownership structures for privacy, impose no financial disclosure requirements beyond the purchase itself, and have no subletting restrictions that would limit investment use. Co-op boards can reject buyers without explanation, require extensive financial disclosure, restrict corporate ownership, and limit subletting - all of which create friction and uncertainty that international purchasers prefer to avoid.
From the seller playbook: International Buyer Strategy
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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