When buying a home in Florida by foreigners, there are no additional taxes and fees. All property registration transactions are regulated in accordance with the law, in the same way as it happens for American citizens.
What rights does a foreigner get after buying a property?
The first thing that is important to understand before buying a home in Florida is that it does not provide a guarantee of obtaining a residence permit in the country. However, under certain conditions, for example, for an EB5 or L1 visa, a property bought for rent can be a useful argument. An important condition is that the cost of the object must be at least $ 1 million, and it is also necessary to provide employment for 10 people (in Florida – hire 5 people).
What obligations does a foreigner have after buying property in Florida
The acquisition of real estate in the United States is associated with certain obligations, including for non-residents. Any foreign owner, regardless of his citizenship and the presence / absence of a residence permit, must pay utility bills and annual taxes. Failure to pay them can lead to fines, revocation of residence permits and refusal to obtain a visa.
