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Helpful Tips on buying a home in Florida
You will need the following in order to purchase a home in Florida.
- Identify your goal, where would you like to buy? For what purpose and how much do you want to spend? As a foreign national it is possible to finance 70% of the purchase pice. Contact me and I will explain.
- Consult an attorney for legal advice on immigration laws and how to purchase the property. Ex. transferring funds.
- If you would like to finance discuss this with your lender or call me.
- As a Real Estate Professional, I can help you locate a property. You can make the decision.
- Consult an Accountant a Certified Public Accountant, CPA, who can help you with international tax laws. Your CPA can make sure that your assets are protected and all goes smooth.
- Buy your Airline ticket (if it applies) and come to the closing. Of course, if this is not within your available time frame, your attorney should be able to close for you.
- In case you don't plan to live there, you may want to work with a local property manager to handle your income producing property.
Article from IRS regarding selling your home as a foreign national
Selling a home as a Foreign National
- IRS requires tax withholding on certain U.S. Real Property, more on IRS website
I can be of so much more help, just contact me and I'll be happy to discuss more information with you.
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Beachfront Realty, Inc
18205 Biscayne Blvd. Ste. 2205 Aventura, FL 33160
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