Foreign buyers purchased $102.6 billion of residential property in April 2015—March 2016, according to NAR’s recently released 2016 Profile of International Activity in U.S. Residential Real Estate. Foreign buyers from five countries continued to account for most of the reported purchases: China, Canada, Mexico, India, and the United Kingdom. Together, they constituted 45 percent of foreign residential property buyers. For the second year in a row, China was the top origin of foreign buyers, displacing Canada.
 Non-resident foreigners are non-U.S. citizens with permanent residences outside the United States. These clients typically purchase property as an investment, for vacations, or other visits of less than six months to the United States. Resident foreigners are non-U.S. citizens who are recent immigrants (in the country less than two years at the time of the transaction) or temporary visa holders residing for more than six months in the United States for professional, educational, or other reasons.