Dreaming of Retiring in the United States?
You’re not alone. Each year, thousands of non-U.S. citizens explore the idea of retiring in America, drawn by its high-quality healthcare, diverse climates, vibrant communities, and proximity to family.
Whether it’s a beachside condo in Florida, a desert retreat in Arizona, or a quiet lakeside home in North Carolina, the U.S. offers retirement lifestyle options for nearly every budget and preference.
But here’s a common question:
Can foreign nationals get a mortgage to buy a U.S. retirement home?
Yes, you absolutely can.
This article walks you through your mortgage options, what documents you’ll need, and how to secure your dream home for retirement, even if you don’t live or work in the U.S.
Can Foreign Nationals Get U.S. Mortgages?
Yes.
You do not need to be a U.S. citizen or green card holder to own property or qualify for financing in the U.S. Through specialized lending programs known as foreign national mortgages, international buyers can purchase property for retirement or vacation use, no U.S. credit or residency required.
What Is a Foreign National Mortgage?
A foreign national mortgage is a home loan designed for buyers who:
- Do not hold U.S. citizenship or permanent residency
- Live and earn income outside the U.S.
- Have no U.S. credit history or Social Security number
- Intend to use the property for personal use (not full-time rental)
These mortgages are underwritten using foreign documentation, including international income, assets, and passports.
Why Buy Instead of Rent for Retirement?
- Stability: No lease hikes, no landlord issues, your home is yours
- Equity: You’re building value instead of spending it
- Customization: Modify or furnish your home to suit your retirement lifestyle
- Legacy: Property can be gifted or inherited by children
- Rental Flexibility: Use the property seasonally and rent it when you’re away
For retirees who split time between countries (e.g., snowbirds), owning a U.S. home also ensures continuity and comfort.
Mortgage Highlights for Retiring Foreign Nationals
| Feature | Details |
| Down Payment | Typically 25–30% |
| Loan Term | 15–30 years |
| Income Sources | Retirement income, foreign pensions, and rental income |
| Credit Requirements | No U.S. credit required |
| Eligible Visas | Any (no visa needed to buy real estate) |
| Property Type | Must be personal-use (not full-time rental) |
Note: Some lenders allow short-term rentals or limited Airbnb-style usage when the home is not occupied.
What Documents Will You Need?
Here’s a typical document checklist for a foreign national retirement mortgage:
- Valid foreign passport
- Proof of income (e.g., pension letters, rental income, investment returns)
- 3–6 months of foreign bank statements
- Proof of funds for down payment + reserves
- International credit reference (if available, but not required)
- U.S. property contract or intent to purchase
Best U.S. States for Retirement Property
| State | Why It’s Popular for Retirees |
| Florida | No state income tax, warm weather, and retiree-friendly laws |
| Arizona | Desert beauty, low cost of living, active adult communities |
| North Carolina | Scenic mountain and beach towns, affordable real estate |
| Texas | Diverse cities, low taxes, and strong healthcare access |
| Nevada | No income tax, low-maintenance homes, proximity to California |
| California | Climate diversity, premium healthcare, ideal for part-time residents |
Can I Buy on a Retirement or Visitor Visa?
Yes.
You do not need a green card, work visa, or long-term residency to purchase property in the U.S.
Many foreign retirees own U.S. homes while on:
- B1/B2 Visitor Visas (extended visits)
- E-2 Investment Visas
- Retirement-related family sponsorships
- No visa at all, as long as they don’t intend to work
What About Taxes?
When you own U.S. property as a foreign national, you may be subject to:
- Property taxes (vary by state and municipality)
- Rental income taxes, if applicable
- Estate taxes in the U.S. on property above a certain value
To minimize exposure and ensure efficient legacy planning, some retirees purchase through:
- A revocable trust
- A limited liability company (LLC)
- An international estate plan
Always consult a cross-border tax advisor to structure your purchase properly.
Work With the Right Mortgage Partner
U.S. banks often struggle to serve non-resident buyers. That’s why working with a lender like America Mortgages, which focuses 100% on financing foreign nationals, is crucial. They offer:
- Remote application and closing
- Acceptance of foreign financial documents
- Fast turnaround, even with no U.S. credit
- Dedicated advisors who understand retirement planning
Final Thoughts
Your dream of retiring in the United States doesn’t have to start with writing a massive check. With the right mortgage, you can finance your future, build equity, and enjoy a property tailored to your retirement needs.
Whether you’re retiring next year or just planning, owning a U.S. home is possible, even from abroad.
📧 Want to explore your retirement mortgage options
Contact: [email protected]
Website: www.americamortgages.com
Speak to a U.S. Loan Expert 24 hours a day / 7 days a week: +1 845-583-0830
Need help getting started? Use their 24/7 online booking tool to schedule a free, no-obligation consultation with a licensed U.S. mortgage advisor. https://www.americamortgages.com/home-mortgage-for-foreign-national-form/
