International Buyers: How to Buy a Property in Miami

Yes, foreign nationals can purchase real estate in Miami. The Freud Group guides international clients through every step: goal setting, legal/tax coordination with your advisors, banking, property search, negotiation, due diligence, closing, and post-purchase management.

(Disclaimer: The following is general information, not legal or tax advice. We coordinate with your attorney, CPA, and bank.)

Why Miami

  • Strong global demand and liquidity across price points.

  • No state income tax; business-friendly environment.

  • Year-round lifestyle, schools, culture, and direct international flights.

  • Deep pipeline of branded and luxury new developments. See: /new-constructions

Ownership & Structures (work with your advisors)

  • Personal name, LLC/corporation, or trust—chosen for liability, privacy, and tax planning.

  • We coordinate with your attorney/CPA for the structure that fits your goals.

Financing & Banking for Foreign Nationals

  • Cash is common; financing is available.

  • Typical foreign-national loans require larger down payments and additional documentation.

  • We introduce U.S. banking partners, help with pre-approval, escrow, and closing logistics.

Step-by-Step Timeline

  1. Discovery & Brief — goals, budget, lifestyle, rental plans.

  2. Banking & Pre-Approval (or proof of funds) — introductions and KYC.

  3. Curated Shortlist & Tours — in-person or secure virtual.

  4. Offer & Escrow — contract terms, deposit into escrow.

  5. Due Diligence — inspections, condo documents/reserves, insurance, title search.

  6. Closing — funds, final walkthrough, e-notary/remote options when available.

  7. Post-Close — utilities, HOA setup, property management, leasing preparation.

Related:
/miami-waterfront-homes • /miami-penthouses • /airbnb-properties-miami

Taxes & Compliance (overview)

  • FIRPTA applies when foreign sellers dispose of U.S. real property; plan ahead for potential withholdings.

  • Rental income and treaty positions vary—coordinate with a U.S. CPA.

  • You may need an ITIN for filing.

  • Local property taxes and condo/HOA rules apply.

(We connect you with specialized attorneys and CPAs.)

Renting Your Property

  • Rules for short-term rentals vary by city and building.

  • See our overview of compliant options: /airbnb-properties-miami

  • We provide full property management and tenant services.

Services for International Clients

  • Property search aligned to lifestyle and investment goals.

  • Legal, title, escrow, insurance, and inspection coordination.

  • Banking introductions and document logistics.

  • Remote showings and closings (where permitted).

  • Property management, design/staging, and rental setup.

FAQ

  • Yes—virtual tours and remote closings are possible in many cases.

  • No. Owning property is independent from immigration status.

  • Cash can close as soon as 3 weeks. Financed purchases typically take longer, 30 to 45 days, depending on lender and property.

  • Usually yes with proper documentation. We can introduce suitable banks.

  • No. An ITIN is commonly used for tax filings.

    *ITIN: International Tax ID Number