06/02/2026
Can foreigners buy a home in Florida? Yes — and it’s more straightforward than most people think. 🏡
Here’s the complete 6-step guide for foreign nationals buying residential real estate in South Florida 👇
1️⃣ Define your goals — Are you buying to live, invest, or vacation?
2️⃣ Get your ITIN — No Social Security number needed. This is your U.S. tax ID as a foreign buyer.
3️⃣ Build your team — Real estate agent, attorney & tax advisor.
4️⃣ Find your property — Due diligence: title search, inspection & market comps.
5️⃣ Secure financing — Plan for 30–40% down. Cash buyers close faster.
6️⃣ Close the deal — You don’t even need to be in Florida. A Power of Attorney works.
⚠️ One thing most people miss: FIRPTA. When you sell, the buyer withholds 15% of the gross sale price for the IRS. Plan for this from day one.
💬 Comment ‘guide’ and I’ll DM you the full checklist.
📍 The Montiel Team | South Florida Real Estate
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