Helping International Clients
According to the National Association of Realtors, international buyers purchased more than$68.2 million in U.S. residential real estate from March 2012 to March 2013, across all 50 states. Property sales in the United States to foreign buyers amount to more than 6 percent of total U.S. home sales in value.
Florida real estate is considered a good value among many international buyers reflected by the fact that in 2012, Florida had the largest number of international buyers at 23 percent, followed by California at 17 percent.
Whether you’re an international investor, a Canadian snowbird or just considering living in the United States part of the year, purchasing in an unfamiliar market can seem a daunting undertaking. Below is a short list of the major things to keep in mind when considering purchases of real estate in Florida for the international client. While this guide will serve to highlight the most important considerations when buying real estate in Florida it is not a substitute for consultation of a real estate professional with experience in international relocation. Please feel free to take a look at this guide and then contact me with any questions you might have. I have years of international relocation and purchases experience and will help make your transaction as smooth, and efficient as possible.
Step 1: Determine How the Property Will Be Used
This is a very important first step to help you and your realtor determine what real estate is right for you and will help greatly in guiding your purchase decision. Some of the major uses for properties include:
Home to stay in while conducting business in the United States
Place for you children to stay while attending college in the United States
A long-term investment
An eventual long-term residence