When a foreigner has the assets and buys a property in the US , he automatically gets a residency card ?

Question

I noticed that plenty of American citizens have properties in Europe, and their status ( being legally owner of a house ) allows them to live here.

I know several Americans who live in Paris ( and most of them are rather elderly people, and probably retired, I noticed).

In terms of laws, is there a reciprocity for foreigners who buy a home in the US ?

Answer 1

false.  However, Europeans can live in the US for up to 6 months.  Many Europeans buy homes in the US and use them as vacation homes for several months out of the year.

Answer 2

No, just because you own property in the US does not give you the legal right to reside in the US.

I think you may be mistaken on Americans who own property in Europe too.

Answer 3

You can buy an apartment or house so you can claim residency.  However it will not help in getting a visa.

Answer 4

No owning property does not make anyone a citizen. Nor does it earn them a green card. You have to apply and be granted either of those things without regard to the ability to buy property

Answer 5

No,  you can just come and visit your vacation house