Other than that, you don't need anything special and will not pay more real estate taxes either as a Canadian. As for a loan, you must speak to someone that does foreign national loans to know what their requisites are and have the financing ready before looking at properties.
Some policies are in place to allow individuals to acquire property in the United States without being physically in the States. As a Certified International Property Specialist (CIPS), I am uniquely qualified to help you achieve your goals. In addition to the CIPS designation, I hold also designations and certifications in the following areas: Certified International Investment Immigration Specialist, Certified Short Sale Specialist, Loss Mitigation Certification, Commercial Real Estate Professional and others
We have several offices in the three-county area and have established excelent working relationships with a number of lenders. My team can prepare a list for your consideration. We will forward it to your attention at your request. If you can make arrangements to see us before you leave, we can probably begin the process. In the meantime, feel fee to contact me at your convenience.
Gary Jean-Enard , CIPS, CIIS, TRC, LMC.
UNITED Realty Group
Residential, Commercial & Investment
Certified Short Sale Specialist
Credit Repair Specialist
Yes, you can invest in Miami and even get financing under a Foreign National loan program with approximately 30%-40% down. You will be required to provide credit information from back home such as bank letters, credit reference letters, and work related references, but it happens all the time and I can help you get it done. There is also the option of private lending, although the interest rates are a bit higher, but you do not provide any documentation, just 50% down and an ID such as passport or drivers license at closing. If you would like more information please feel free to contact me at 786-443-0404 or email me at firstname.lastname@example.org
It is relatively easy for you to invest here, but you need a good realtor and legal support
to "build" your investment strategy: just private, or commercial investment or Real Estate
investment as a way to obain your residency.
A complex decision linked to your international status and future life planning, private
There are some important tax decisions to take before you sign any purchase.
I am German, lived for over 20 years in France, now since 10 years in Miami and I can tell
about the different approach of the R.E. business here as opposed to European key-markets.
If you agree, we should schedule a personal meeting to see all aspects of your situation.
Same for the choice of your new home, it is important to know exactly what you look for.
I will be pleased to help you in your choices.
Please call me: 305 491 0492 or email: HansKlemmRE@gmail.com
We work with investors from everwhere. There are many great opportunities throughout South Florida. Some of the properties we have available have tenants in place already. Check out our stress free investing page at our web site sunstatecanhelp.com. It has more details about our Guaranteed Rent program. These are brand new properties that will provide immediate cash flow at closing.
To buy property in the US, you don't need to be a citizen/greencardholder, you don't need a special visa or a social security number. You don't even have to be in Miami for closing. So this is pretty easy.
Financing is possible, too, but you might have a look at a downpayment of around 20-40%, depending on the bank. You should talk to a couple of lenders and shop around, since conditions vary. In general, the interest rates are still low in the US. I can provide you with phone numbers of lending institutes in the area, if you need some contacts.
Don't worry about the paperwork. It will be handled by specialists: the lender, your agent, your closing company or lawyer.
Let me now if you have further questions. You can call, text or email me anytime.
Coldwell Banker Residential Real Estate
It's very simple to invest in Miami properties.
Contact me directly and we can discuss whether you are looking for a winter home in the sun, or houses/condos that you can purchase and rent to tenants. Let me know your budget and everything can be handled by email, phone, text, and fax.
If you are coming down to look at properties, I can schedule appointments to see the units that meet your criteria and fit everything into your timeframe.
I look forward to hearing from you.
If you are buying cash (not financing), you do not need anything. If you are financing (obtaining a loan from an American bank), then you need other documentation.
I may be reached @ 305-975-4132.
Larisa de los Rios
Real Estate Sales Force - Coral Gables