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Keyword: INTERNATIONAL

Buying in Miami from outside the United States

What’s allowed, what’s required, and what you need to start on months ahead.

Investing · 13 points

Who it’s for

For the international buyer who wants a property in South Florida.

What’s on the list

  1. 1

    You don’t need to be a U.S. resident or citizen to buy property in the United States.

  2. 2

    You can pay cash or finance it. Foreign-national programs exist, with their own requirements and down payments — get the terms from your lender in writing.

  3. 3

    You’ll need a valid passport and, depending on your situation, an ITIN for tax purposes. The ITIN comes from the IRS and it takes time.

    IRS — Individual Taxpayer Identification Number (ITIN)

10 more points to go

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This checklist is general educational information for South Florida and is not legal, tax, insurance or financial advice. Official figures are printed with their source; always verify them for your own situation with your attorney, accountant and lender. Jordan Padierne, Realtor — eXp Realty.

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