Yes, foreigners can buy property in the USA, including Florida, with no residency or visa required. Citizens of any country can purchase real estate, whether for investment, a second home, or full-time residence, and the process can be completed 100% remotely. This 2026 guide covers requirements, financing, taxes, and how to structure the purchase with an LLC.
In 2026, Florida remains in a more balanced buyer’s market, with more inventory available and real room to negotiate in most areas, making this a good time to buy with a strategy.
Can foreigners buy property in the USA?
Contrary to what some might think, the United States, and Florida in particular, welcomes foreign real estate investment. U.S. law is clear: citizens of any nationality can acquire real estate within its borders, whether for rental income, a vacation home, or even a primary residence. You don’t need U.S. citizenship, permanent residency (a Green Card), or a work visa to own property in the USA. This openness to the international market makes Florida an especially attractive destination for global investors.
Requirements for foreigners buying property in the USA
While the process is accessible, there are certain basic requirements to meet: a valid passport, proof of funds (or bank pre-qualification if financing), and an ITIN if you plan to rent the property. A U.S. bank account isn’t required, but it simplifies the process. These requirements are the same in Orlando, Miami, or any city in Florida, since they’re set at the state and federal level.
For the full details on each requirement and the eligibility conditions, check out our requirements to buy a house in Florida guide. For the exact list of paperwork you’ll need based on your profile, go to documents to buy a house in Florida.
Financing options for foreigners buying property in the USA
Fortunately, foreigners looking to buy property in Florida have several financing options available:
Cash purchase. This is the fastest and simplest option, since it doesn’t require mortgage loan approval. If you have the necessary funds, a cash purchase can speed up the closing process.
Foreign national mortgages. Several banks and mortgage brokers in Florida offer special financing programs designed specifically for international buyers. While the requirements may differ somewhat from those for U.S. residents, it’s possible to get a mortgage with down payments that typically start around 30% of the property’s price.
Common requirements for foreign national mortgages:
- International credit history: banks will evaluate your credit history in your home country. Having a solid track record of responsible payments and debt management matters.
- Bank reference letter: you may be asked for a reference letter from your primary bank in your home country, certifying your standing as a client and your account management history.
- Provable income: you’ll need to demonstrate a stable, sufficient income source to cover mortgage payments. This may require bank statements, tax returns from your home country (with certified translation), or other documentation validating your income.
Check out the full details in our foreign national mortgage financing guide.
Purchase structure: individual vs. LLC, and remote closing
Many foreign investors buy through an LLC (limited liability company) to protect their assets, organize the tax side, and simplify succession. The decision depends on your goal and country; it’s worth evaluating with a tax advisor before signing.
Closing can be completed remotely with an electronic signature and legal representation in Florida, with no need to travel. This is especially relevant for investors buying from Latin America who can’t or would rather not travel to Florida for closing.
How to buy a house in Florida step by step
Buying a house in Florida as a foreigner follows a process similar to that of domestic buyers, with a few additional considerations:
Step 1: Clearly define your investment goal (investment, second home, or rental income). Before starting your search, it’s essential to clearly define your main goal for buying a property in Florida. Are you looking to generate income through vacation or long-term rental? Do you want a second home to enjoy during vacations? Or are you planning to move to Florida in the future? Your goal will influence location, property type, and community regulations to consider. If you’re still not sure where to invest, check out our guides on investing in Orlando real estate and investing in Miami.
Step 2: Choose a real estate agent experienced with international investors. Working with a real estate agent experienced in international investors is essential for navigating the process smoothly. An expert agent will understand your specific needs, guide you through local market nuances, help you find properties that match your goals, and connect you with other necessary professionals (attorneys, accountants, etc.).
Step 3: Search for and view properties (in person or virtually). With your agent’s help, you’ll start searching for properties that fit your budget, goals, and preferences. Thanks to today’s technology, you can explore properties virtually from your home country through video tours and high-quality photos. If possible, visiting properties in person gives you a better sense of their condition and surroundings. You can browse current inventory on our properties page.
Step 4: Make a formal purchase offer. Once you find the right property, your agent will help you prepare and present a formal purchase offer to the seller. This offer will include the price you’re willing to pay, purchase terms, and any additional conditions (such as an inspection).
Step 5: Complete the property inspection and legal due diligence. Once your offer is accepted, you’ll have the chance to complete a professional inspection to identify any structural or functional issues. It’s also essential to conduct legal due diligence, reviewing the property title, community regulations (if applicable), and any other relevant legal documents to make sure the property is free of liens and can be used as you plan.
Step 6: Close the transaction and transfer the property title. If everything checks out during inspection and due diligence, the transaction moves to closing. This is when all legal documents are signed, funds are transferred, and you’re granted the property title, officially making you the owner of your Florida home. In many cases, closing can be completed remotely through your attorney or legal representative in Florida. Check out how title transfer works in our Florida property title guide.
Step 7 (optional): Hire a property management company for rental. If your goal is to generate rental income, consider hiring a property management company experienced in the local market. They’ll handle booking management, guest communication, cleaning, maintenance, and other operational aspects, letting you earn income from your investment without needing to be physically present in Florida.
Taxes for foreigners buying property in the USA
As a property owner in Florida, you’ll need to account for certain recurring taxes and expenses:
Property tax. This is an annual tax based on the property’s assessed value, which varies by county and city.
HOA fees. If your property is located within a community or building with an HOA, you’ll pay monthly or annual management fees to cover the maintenance of common areas, security, and other services.
FIRPTA (Foreign Investment in Real Property Tax Act). This is a U.S. federal law that establishes a tax withholding at the time a foreigner sells the property. The withholding is currently typically 15% of the gross sale price, though certain exceptions apply. It’s important to plan ahead and consult an accountant specialized in taxes for foreigners.
Property insurance. Having property insurance is essential to protect your investment against risks like hurricane damage, flooding (in specific zones), or other accidents.
Check out the full details on taxes, withholdings, and tax planning in our taxes for foreigners in Florida guide.
Key benefits of investing in U.S. real estate as a foreigner
Despite the costs to consider, investing in Florida real estate as a foreigner offers several attractive benefits:
- Wealth diversification in a strong currency (U.S. dollars): protect your capital in a stable economy and a strong currency.
- Attractive returns through vacation or residential rentals: generate significant income through short- or long-term rentals, especially in high-demand tourist markets like Orlando and Miami.
- Property value appreciation in high-growth markets: benefit from the steady appreciation of properties in a dynamic, growing real estate market.
- Possibility of obtaining an investor visa in certain cases (EB-5 visa): for significant investments that meet certain requirements, it’s possible to obtain an EB-5 investor visa, which can lead to permanent U.S. residency.
Frequently asked questions
Can foreigners buy property in the USA?
Yes. U.S. law allows citizens of any country to purchase real estate without citizenship, residency, or a visa, whether for investment, a second home, or primary residence.
What do foreigners need to buy property in Florida?
A valid passport, proof of funds (or pre-qualification if financing), and an ITIN if planning to earn rental income. A U.S. bank account isn’t required, but it simplifies the process.
Can a foreigner get a mortgage in the USA?
Yes, through financing programs designed for international buyers, with down payments that typically start around 30% of the property’s price.
What taxes and costs does a foreigner pay when buying in Florida?
Annual property tax, HOA fees if applicable, property insurance, and FIRPTA withholding (typically 15% of the gross sale price) when selling.
Can you buy a house in the USA remotely?
Yes. Closing can be completed with an electronic signature and legal representation in Florida, with no need to travel, whether buying as an individual or through an LLC.
Take the first step toward a secure, profitable investment in Florida today
Buying a house in the USA as a foreigner is an accessible process full of opportunity when you have the right expert guidance and support. At Florida HomeGroup Realty (FHG Realty), we’re committed to making your Florida real estate investment experience as smooth and successful as possible. Our team of bilingual professionals has extensive experience working with international investors and will provide the personalized guidance you need at every step.
Schedule your personalized consultation with Florida HomeGroup Realty today
