The Israeli startup’s platform offers non-US investors a comprehensive solution for foreign investment and real estate purchases in the United States.
Waltz, a startup that offers a platform for overseas investors to purchase real estate in the United States, raised $12.5 million in a Series A investment led by Aleph. TLV Partners led the company’s previous Seed round of $11.5 million, which closed around two years ago. More than 40 famous angels and private investors took part in these rounds, including Ofir Ehrlich, David Krell, Talmon Marco, and Eyal Lifshitz.
Waltz’s platform offers non-US investors a comprehensive solution for the international investment and purchase procedure in US real estate. Investors begin by searching for their desired property through a real estate agent, mortgage broker, or turnkey supplier. Waltz then gives them an investor package that includes everything they need to start their trip. Investors are given identity verification, their own Limited Liability Company (LLC) with an Employee Identification Number (EIN), a designated agent, and a pre-approval letter. Investors are then given a U.S. digital bank account to collect rental income, pay property taxes, and decrease withholding.
In a conversation, Yuval Golan, founder and CEO of Waltz, stated, “I’ve been making cross-border investments for many years. I was seeking for a strategy to streamline the remote real estate purchasing process for everyone involved. I spare my clients from the complexities of this onerous process. Every state in the United States is a unique planet, and we are seeking for states that welcome foreign investors. Florida is the most popular state for foreign investment, accounting for 25% of total investments.
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