An underwriting decision is three numbers: what goes in and when, what comes back and when, and what rate to discount it at — the cost of money plus the risk you are actually carrying. We are not your analysts and we do not give verdicts. We build the tools that let your team establish those three numbers for a foreign-buyer deal in any jurisdiction we hold, sourced and dated, in minutes instead of an engagement.
Your firm commissions a tax memo per jurisdiction per deal. It is careful, it is expensive, and the day it is delivered it starts going out of date with nothing attached to tell you when. That is not a criticism of your advisors. It is a property of documents.
In the last 18 months, 19 of the 57 jurisdictions we hold changed a cost a foreign owner pays to hold or to exit. 43 changes, already in force. Every one of them is sitting inside somebody's model right now, wrong, and one more is legislated and waiting.
The reason nobody sells the fix is arithmetic. Checking one more jurisdiction costs your advisor an engagement and costs us close to nothing, because the corpus is already built, already dated and already cited. That gap is the entire product. What follows is what we do with it.
Your deal load
Two numbers, nothing stored, no email. We do the multiplication and show you what your current diligence process costs per year — in your own numbers.
Why this is not a chat window
Every one of your analysts already has one open. That is not competition for what we sell — it is the reason the gap below is still open.
Ask it and it will explain the rule correctly, in general. It has no dated, sourced record of this jurisdiction to tell you the rule changed 8 days ago — because it holds no corpus at all, only what it was trained on and whatever it can find on the day you ask.
Ask it for a cost stack and you get a plausible paragraph with no line-by-line trail back to a statute. Ours is a stack of computed lines, each one cited and dated, or marked "not yet sourced" — never blended into fluent prose that hides which is which.
Close the tab and it forgets your jurisdictions. Nothing comes back to you in three months to say a rate moved — it cannot, by construction. That is the entire premise of the free quarterly watch in the tools listed further down: a fact this product can hold and a chat window cannot.
Ask it to compare every US state on one identical foreign-buyer profile and it will approximate, inconsistently, one at a time. Ours recomputes all of them, the same way, the moment you change an input — because it is an engine, not an explainer.
Free, permanently
These are not trials and they do not expire. An unknown vendor has no credential except work you can check, so the checking is free — including the source register itself, where every primary source behind the corpus is listed, along with the places our coverage is thin.
Tick your jurisdictions. We return what moved, what held, and what we honestly cannot answer yet, with the statute and the effective date behind each one. No account, no email.
The same deal priced across all 51 US jurisdictions we hold rules for, 50 states and DC, each run at its median county because property tax is set locally. Ranked on what a non-resident foreign buyer actually keeps. An advisor answers one jurisdiction per memo. Nobody commissions fifty-one. Cyprus and Dubai are priced individually in True Cost and are not in this ranking yet.
Acquisition, holding and exit costs for a foreign buyer on a single property, each figure tracing to the rule behind it and each gap named rather than hidden.
Leave an email on any of the tools above and we re-check up to 3 jurisdictions every quarter, unprompted — what moved, statute and date attached, or an honest "checked, nothing changed". The self-serve taste of the annual monitor below, capped so it stays a taste.
What costs money
The watch
You tell us where you hold. Every rule under those positions carries a review date, and a weekly job fails when one passes it, so an overdue rule is a broken build rather than something nobody noticed. When a rule moves you get the statute, the effective date, and what it does to the model you already built. The re-reading is done by a person. We show you the clock rather than claiming a machine does the thinking.
What it replaces Nothing. There is nothing to replace. A memo goes stale in silence and no part of the current process is watching for it.
Coverage on demand
Name one. A country outside our current map, a city transfer tax under a state we already cover, an occupancy levy nobody has encoded. We source it, date it and cite it to the same standard, and from then on it is live in every tool for you.
What it replaces A per-deal advisor engagement, repeated each time the question comes back.
The book run
Hand us the positions and your assumptions. We run every one through the same engine and return three lists: what is wrong now, what we verified is unchanged, and what we cannot answer yet. The third list is the one nobody else will show you.
What it replaces An analyst week per jurisdiction, which is why it does not get done.
Coverage limit, stated up front: every holding and exit rule we hold is dated, so the question above can be answered for all 57 jurisdictions. Some are dated by a lower bound rather than a start date, which proves nothing moved and does not prove when it began. The tools say which is which, on every line.
The clock
Every rule carries a review date: annually for a rate a legislature sets, twice a year for a threshold that moves on an index, and at each release for a figure derived from a published statistical vintage. That cadence is a commitment we make rather than a property of the law. A weekly job fails when any rule passes its date, so an overdue rule is a broken build rather than something nobody noticed.
Said plainly, because the distinction is the product: the alarm is automatic and the re-reading is not. A person opens the statute. What we have automated is the part that otherwise depends on someone remembering.
A firm holding two jurisdictions and a firm holding twenty are not the same customer, and a rate card would make us guess which one is reading. Guessing is the thing we sell not doing. So we quote after we know your footprint, and the conversation that establishes it starts with us running your jurisdictions for free and showing you the output before any money is discussed.
If nothing in your book moved, we will tell you that too. A quiet answer is a real finding and we would rather deliver one than manufacture an alarm.
Start the quote
No form fields you have to look up, and no obligation. We come back with what your jurisdictions currently look like in the corpus, what we would watch, and what it costs for a firm your shape. If we cannot cover something you hold, that is in the first reply too, before it is in an invoice.
Would rather see the output first? Run your own jurisdictions free, or see the ranking. Neither needs an account.
Informational research, not investment, tax or legal advice. We report what the rules say and where we read it. What to do about it is your decision and your advisor's.