US Real Estate Β· FIRPTA Β· Rental Income | IRS Certifying Acceptance Agent
Apply Now β $99FIRPTA (Foreign Investment in Real Property Tax Act) requires buyers to withhold 15% of the sale price when a foreign person sells US real estate. Saudi investors must have an ITIN to file for FIRPTA withholding certificates and claim refunds on overpayment.
Additionally, rental income from US properties is taxable. Saudi landlords must file Form 1040-NR annually β which requires an ITIN.
No. Saudi Arabia has no income tax treaty with the United States. Standard 30% withholding applies to US-source income unless you file a W-8BEN with your ITIN.
ITIN processing takes 8β14 weeks after the IRS receives your Form W-7. ITINPlus submits directly as your Certifying Acceptance Agent (CAA).
$99 flat fee for a new ITIN application. Renewals are $199. You can add EIN formation for $50 extra.
No. As a CAA, ITINPlus certifies your passport copy so you keep your original. Documents are handled via email.
IRS Form W-7 (Application for IRS Individual Taxpayer Identification Number). ITINPlus prepares and files this on your behalf.
FIRPTA (Foreign Investment in Real Property Tax Act) requires 15% withholding when a foreign person sells US real estate. An ITIN is required to file FIRPTA-related tax forms.
Yes. Saudi nationals receiving rental income from US property must file Form 1040-NR and need an ITIN to do so.
Apply online in minutes. Our CAA team handles everything remotely.
Apply Now β $99 +1 (305) 216-6992