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Yes you can own a home in the USA if your a non-us citizen, I own multiple properties and I'm Canadian, I also have a work visa from a business investment. As far as investing $500,000+ or a large amount of money on a home in the USA , you will not get any type of Visa or Green Card to live here. The Visa laws state that the investment can not be in residential real estate. If your intention is to come and live here with the house being your foot in the door, you'll have alot of explaining to do at US Customs.
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