A Guide for International Buyers Purchasing Property in Florida
Buying property in the United States from another country involves questions that domestic buyers rarely have to think about — financing without U.S. credit history, tax implications, and how to close a transaction while living thousands of miles away. As a Certified International Property Specialist (CIPS®), I work specifically with international buyers and investors, and this guide covers what to expect.
Why Florida — and Orlando — Attracts International Buyers
Florida has long been one of the top U.S. destinations for international real estate buyers, and the Orlando area in particular draws interest for its strong rental and vacation-rental market, its airport access, and its relative affordability compared to South Florida. Buyers come from all over the world, for reasons ranging from a future retirement home to a straightforward investment property.
Financing Without U.S. Credit History
International buyers generally can't rely on a typical U.S. mortgage the same way domestic buyers do, since most lenders require U.S. credit history. However, there are foreign national loan programs designed specifically for this situation, often requiring a larger down payment. I work with lenders who specialize in these programs and can point you in the right direction.
Taxes and Legal Considerations
International buyers should understand how U.S. property taxes, potential rental income taxes, and eventual resale (including FIRPTA withholding requirements upon sale) may apply to their situation. I'm not a substitute for a qualified tax attorney or accountant, but I can help connect you with professionals experienced in international transactions.
Buying and Closing From a Distance
Many of my international clients never set foot in the property before closing, at least not for the first purchase. I can conduct live video walkthroughs, coordinate with title companies experienced in remote and international closings, and use power of attorney arrangements where appropriate, so distance doesn't have to complicate the transaction.
Property Management and Rental Considerations
If you're purchasing an investment or vacation-rental property, we'll talk through realistic rental income expectations, HOA rules around short-term rentals, and property management options, so you have a clear, honest picture before you buy — not just after.
