In general, yes. Buying real estate and renting it out as passive investment income is not prohibited for holders of an O-1 visa. Rental income from property you own is typically treated as a passive activity and, as such, does not directly interfere with the conditions of your visa status.
The key concern is the line between investing and working. The O-1 authorizes you to perform work in your specific field of expertise, so the caution is not to let property management turn into an activity that could be characterized as employment or unauthorized work. Receiving passive income is one thing; providing services on a regular basis may be another.
Beyond immigration considerations, local rules on property acquisition, management, and taxation come into play and vary depending on location. Good planning prevents surprises. The safest path is to combine immigration guidance with real estate professional support, and to confirm the applicable rules before closing any deal.
Learn more about O-1
- Requirement
- Extraordinary ability
- Initial validity
- 3 years
- Extension
- 1 year at a time (unlimited)
- Processing
- 2-4 months
About the author
Victoria Harper
Editor-in-Chief
As a journalist and lead editor at Visto n’ Visa, Victoria helps ensure that immigration topics are covered in a clear, trustworthy, and easy-to-understand way. Her focus is on delivering useful, human, and relevant content for people exploring new paths abroad.