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  4. When foreign individuals become legal residents of the United States but remain citizens of their home country, are they still required to file for their ownership of U.S. assets?

When foreign individuals become legal residents of the United States but remain citizens of their home country, are they still required to file for their ownership of U.S. assets?

No, foreign individuals who become legal residents of the United States are not required to file BEA forms for their ownership of U.S. assets, including ownership of real property.

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