Yes, a Colombian citizen can invest in Miami without a visa or U.S. residency. With a passport, ITIN, and proof of funds, the purchase can be completed 100% remotely and, in many cases, through an LLC to organize the legal and tax structure.
Colombians are one of the most active groups of Latin American investors in Miami, and it’s no coincidence: proximity, direct flights, a huge Latin community, income in dollars, and the ability to diversify wealth outside the peso. In 2026, with a more balanced market (median price of $582,000, down 1.2% from last year, and more condo supply available), conditions are better for negotiating.
If you want the full market picture and area breakdown first, check out our Miami real estate investment guide 2026.
How to invest in Miami from Colombia, step by step
- Define your goal and budget (short- or long-term rental, appreciation, or a mixed approach), including taxes, insurance, HOA, and management.
- Gather your documents: passport, ITIN, and proof of funds (source of money).
- Arrange the fund transfer through Colombia’s foreign exchange regime (see next section).
- Secure financing if applicable: a foreign national mortgage or DSCR loan (30-40% down payment).
- Structure the purchase: individual vs. LLC.
- Choose the area and property, make an offer, complete inspection and title search, and close remotely with an electronic signature.
How to transfer money from Colombia to the United States
The transaction is channeled through Colombia’s foreign exchange regime: via a foreign exchange market intermediary, filing the foreign investment exchange declaration. The purchase money is deposited into the closing agent’s escrow account, never directly to the seller, and is released once the transaction is finalized. Plan the transfer ahead of time with your bank; larger amounts require additional documentation.
Financing for Colombian buyers in Miami
You don’t need U.S. credit history. Foreign national mortgages and DSCR loans (which qualify based on the property’s rental income) are both available. They typically require a 30-40% down payment, proof of funds, and reserves; rates are somewhat higher than for residents, but they let you leverage your capital and improve your return. Check out the full details in our foreign national mortgage financing guide.
Taxes when investing in Miami from Colombia
In the United States, you’ll pay annual property tax and FIRPTA withholding when you sell. Here’s an important, differential point: Colombia taxes the worldwide income of its tax residents, and unlike other countries such as Chile, Colombia and the United States don’t have a broad treaty to avoid double taxation. That makes tax planning, and using the foreign tax credit for taxes paid abroad, especially important. Check out the full details in our taxes for foreigners in Florida guide.
This guide is informational and does not constitute legal or tax advice. Consult an accountant experienced in Colombia-U.S. matters before buying.
How much you need to invest
Miami’s median price is around $582,000, but pre-construction lets you enter with staged payment plans (10-20% during construction), and there are more accessible areas like Doral. Calculate the total cost (price, insurance, HOA, taxes, and management) before making an offer.
Best Miami areas for the Colombian investor
For stable rental income and a close-knit Latin community, Doral is a great entry point. For urban rental cash flow, Brickell. For appreciation, Edgewater and Sunny Isles in pre-construction. Check out the full comparison in our Miami investment areas guide, and always verify HOA and insurance per building.
Returns and strategy
Vacation rentals (where the community allows it) run around 7-9% cap rate; long-term rentals, 6-8%; and luxury pre-construction can deliver 10-12% appreciation at delivery. If you don’t live in Miami, rental managed by a local team is usually the most profitable and hands-off option.
Frequently asked questions
Can a Colombian citizen buy property in Miami?
Yes, without a visa or residency. You need a passport, ITIN, and proof of funds; the process can be 100% remote and, if it makes sense, through an LLC.
How do I send money from Colombia to the U.S. to buy?
Through the foreign exchange regime (a foreign exchange market intermediary plus the foreign investment exchange declaration); the payment is deposited into a closing escrow account.
Can I get a mortgage in Miami as a Colombian citizen?
Yes, with a foreign national mortgage or a DSCR loan; they typically require a 30-40% down payment and reserves, with no need for U.S. credit history.
What taxes does a Colombian citizen pay when investing in Miami?
Property tax and FIRPTA in the U.S. Since Colombia taxes worldwide income and there’s no broad treaty with the U.S., plan with an advisor to take advantage of the foreign tax credit.
Ready to invest in Miami from Colombia? Browse our investment properties in Miami, or go back to the full guide: Invest in Miami. We also have guides for investors from Mexico, Ecuador, Peru, and Chile. We’ll guide you through the entire process, remotely, from Colombia.
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