Florida is one of the most beautiful states in the country. It is very well known all over the world. A lot of people seem to be wanting to live in Florida. Especially people from other countries. And we can’t blame them! Florida really has a lot to offer. Amazing weather, beautiful cities, a lot of fun things to see and do, plenty of nature everywhere, good schools, cheap housing as so many more things. But that is not what we are here to tell you more about today. We wanted to make buying a house in Florida as a foreigner easier for some of you by writing about everything you need to know about the whole process.
Is a visa needed?
The first question people want the answer to is whether a vise is needed in order to buy property in Florida. And we are here to tell you that it isn’t. A foreigner can buy a home in Florida just as any American citizen can. But this changes if you are planning on staying more than 90 days at a time. And if that is the case, then a visa is needed. This then means that you are moving to Florida and living there. And in order to move to the US and live there, you need a visa. And Florida is no exception.
But have in mind that your country of origin might have rules of its own regarding this. This is why we would suggest contacting an immigration attorney who specializes in matters such as this one. You need to gather all the necessary information regarding this, especially if planning on moving to Florida after buying a house in Florida as a foreigner. And yes, you can go through with an international move during the pandemic.
Have a real estate agent helping you find a house in Florida
Finding a house in Florida is an easy task no matter where from the world you are searching for it. But you need to make sure that the house is in good condition and that buying it is a good decision. This is why you need the help of a Florida-based real estate agent. Real estate agents can help you both find a home and make a decision about whether investing in it is a good idea. And investing in a home isn’t a small thing to do.
Housing in Florida isn’t expensive but it isn’t cheap as well. This depends on where in Florida you are thinking of buying a house. There are plenty of amazing towns to consider, especially if planning on moving here. A coastal town is never a miss. And you should seek assistance when you make a decision about where you will be investing in a home if you decide to move to Florida.
Know about the taxes
There are a couple of taxes to pay attention to:
- property taxes – You will need to pay between 1-3% of your home’s assessed value.
- rental income – This is for those of you who decide to rent out this home.
- the sale of your home – This will be important if you decide to sell the home in the future.