We connect buyers from Latin America, Canada, and Asia by offering a single point of trust. We have a bilingual and multilingual team that understands your culture and language register, eliminating barriers in international transactions.
1. Tax & Legal Clarity
Navigate U.S. tax laws with confidence. We provide expert guidance on FIRPTA and LLC formations to protect and maximize your wealth.
2. Tailored Financing
Access exclusive U.S. mortgage programs designed specifically for international buyers, securing the best rates and terms for your investment.
3. End-to-End Support
Enjoy a seamless, stress-free experience. Our team stands by your side from the initial property search all the way to the final closing and key handover.
Frequently Asked Questions (FAQ)
1. What are the legal requirements to buy a property as a foreigner?
There are no legal restrictions for foreign nationals buying real estate in the United States. You do not need U.S. citizenship, a green card, or even a specific visa if you are purchasing remotely. The primary requirements are simply a valid passport to verify your identity and proof of funds. While not legally required to buy, we highly recommend opening a U.S. bank account to facilitate the transaction and manage future rental income, a process our team seamlessly assists you with.
2. What is FIRPTA and how does it affect real estate taxes in Florida?
FIRPTA (Foreign Investment in Real Property Tax Act) is a federal law designed to ensure foreign sellers pay taxes on their U.S. real estate profits. When a non-U.S. citizen sells a property, the IRS requires a withholding of 10% to 15% of the gross sales price at closing. It is crucial to understand that this is a withholding, not an additional tax. Once your U.S. tax return is filed and your actual capital gains are calculated, any overpaid amount is refunded to you. Our allied CPA partners will help you navigate this to minimize your tax exposure.
3. Can I obtain bank financing in the U.S. without being a resident?
Yes, absolutely. The U.S. banking system offers specific mortgage programs tailored for international buyers known as “Foreign National Loans.” You do not need a U.S. credit history or a Social Security Number. Lenders typically require a down payment ranging from 30% to 40%, along with proof of income and assets from your home country. We partner with specialized mortgage brokers who streamline this approval process for our global clients.
4. Is it better to buy in a personal name or through an LLC?
For the vast majority of international investors, purchasing through a Florida LLC (Limited Liability Company) is highly recommended. Buying under an LLC provides a robust shield of liability protection, separating your personal assets from your real estate investment. Furthermore, it offers significant advantages for privacy and estate tax planning, making it much easier to pass the asset to your heirs. We provide access to specialized attorneys who can set up your LLC in a matter of days.
5. How much money do I need to invest in real estate in Miami?
The required capital depends on your specific strategy and whether you plan to finance. If you utilize a Foreign National Loan for a $500,000 property, you will need a 30% to 40% down payment, plus approximately 2% to 5% for closing costs—meaning you should have roughly $160,000 to $225,000 in liquid funds. If you are investing in pre-construction, the financial barrier is even lower initially, as the down payment is distributed in structured installments over the 2 to 3 years of the development phase.