How to buy Florida property as a foreign national — financing, taxes, legal requirements, and step-by-step process.
Written by Renzo Johnson, Licensed MLO · NMLS #PENDING · Last updated: February 2026
- Foreign national loans: 25-30% down, no US credit/SSN required
- ITIN loans: for those with Individual Taxpayer ID Numbers
- FIRPTA: 15% withholding on sale of US property by foreign nationals
- US tax obligations: rental income must be reported to IRS
- Florida LLC formation: many foreign buyers purchase through entities
- Title insurance essential: protects against international ownership claims
- Florida is the #1 state for international real estate purchases
- Top buyer nationalities: Canada, Colombia, Brazil, Argentina, UK