Banking, Financing, and Credit: What International Buyers Need to Know Before Moving to Atlanta

For many international buyers, the most confusing part of relocating to Atlanta isn’t the housing market.

It’s the financial infrastructure behind the purchase.

Banking, financing, and credit in the U.S. operate differently than in many other countries — and even experienced property owners are often surprised by how early these questions matter.

This article is meant to clarify what international buyers should understand before beginning a purchase.

Opening a U.S. Bank Account Comes First

For most international buyers, opening a U.S. bank account is one of the earliest practical steps.

A U.S. account is typically needed to:

  • transfer funds,

  • pay deposits and closing costs,

  • and complete transactions efficiently.

While requirements vary by institution, most banks will request:

  • valid identification,

  • proof of address (temporary or permanent),

  • and documentation related to visa or residency status.

This step often feels administrative — but it sets the foundation for everything that follows.

Credit Works Differently in the United States

One of the biggest adjustments for international buyers is understanding U.S. credit.

In many countries, credit history is less centralized or less influential in property purchases.

In the U.S., credit plays a significant role in:

  • loan eligibility,

  • interest rates,

  • and overall financing options.

International buyers often discover that:

  • strong credit abroad does not automatically transfer,

  • U.S. credit history takes time to establish,

  • and alternative documentation may be required initially.

Having navigated this transition personally after moving from France to the U.S. as an adult, I understand how unintuitive this system can feel at first — especially when financial responsibility is already well established elsewhere.

Financing Is Possible — But Preparation Matters

International buyers have several financing paths available, including:

  • U.S. lenders specializing in foreign nationals,

  • international banks with U.S. programs,

  • and private or portfolio lending options.

Each option comes with:

  • different down payment requirements,

  • varying documentation standards,

  • and longer preparation timelines.

Starting these conversations early often makes the difference between a smooth process and unnecessary stress.

Cash Purchases Still Require Planning

Some international buyers choose to purchase with cash.

Even then, preparation is essential.

Cash buyers should still expect:

  • source-of-funds verification,

  • compliance with U.S. regulations,

  • and structured timelines for transfers and closing.

Cash simplifies some steps — but it doesn’t eliminate due diligence.

Why These Questions Are Best Answered Before You Shop

Many international buyers begin looking at homes before clarifying banking and financing logistics.

In practice, the opposite approach tends to work better.

Understanding:

  • how funds will move,

  • what documentation will be required,

  • and what timelines are realistic

creates confidence — and avoids interruptions later in the process.

A More Grounded Way to Prepare

Rather than asking:

Can we figure this out as we go?

A more useful question is:

What financial groundwork will make this process feel calm and predictable?

Atlanta offers opportunity — but clarity almost always leads to better decisions.

What’s Next

In the next article, we’ll explore healthcare, insurance, and everyday logistics for international families, and how newcomers adapt once daily life begins.

Matthieu Clavé — REALTOR®
Founder, Claventure Ventures at eXp Realty

For a broader overview of moving to Atlanta, visit Moving to Atlanta: A Practical, Human Guide for Families, Seniors & International Buyers.