Can a non-resident buy property in the US?
Yes. In most states, including Florida, you do not need citizenship, residency or a visa to own real estate. Buyers from a few countries are subject to extra restrictions under Florida's SB 264 and US sanctions, so each purchase starts with a legal check of the buyer.
Steps of a purchase
Choose the area and budget, line up financing or proof of funds, tour the property in person or by video, make an offer, sign the contract with an escrow deposit, complete inspections and condo-document review, and close. A power of attorney and a remote closing let you do it without traveling.
Financing
Cash is simplest. Foreign national mortgages exist but require larger down payments, commonly 25–40%, and carry higher rates. See our guide on mortgages for foreigners in Florida.
Taxes to plan for
Ownership brings annual property tax and, if you rent the property out, US income tax on the rental income, usually requiring a US tax number (ITIN) and an annual return. When a foreign owner sells, FIRPTA withholding (generally 15% of the sale price) applies at closing and can be reduced or refunded in some cases. Non-resident owners can also face US estate tax above a low threshold, so plan the structure with a tax attorney before you buy.
Owning through an LLC or trust
Many foreign buyers use an LLC or a trust for liability, privacy and estate planning. The benefits depend on your country of residence and goals, and financing and tax treatment differ, so decide on the structure before the contract, not after.
Common mistakes
Skipping the condo documents, ignoring flood zones and insurance, underestimating HOA and tax, buying before checking the estate tax exposure, and sending money before the escrow and title company are confirmed. A good agent, a title company and an attorney prevent most of them.
This guide is general information, not legal or tax advice. Laws and programs change — confirm details with a Florida attorney and a US tax professional.
