Can Non-Residents Buy Property in Florida?
Absolutely. Florida welcomes non-resident property ownership with no restrictions based on nationality, one of the key reasons it remains a global hotspot for international investors. Whether it’s a vacation retreat, rental property, or long-term investment, foreign nationals enjoy the same property rights as U.S. citizens, with differences only in financing and documentation requirements.
Florida’s real estate market continues to attract global buyers from over 150 countries, thanks to its strong rental demand, appreciation potential, and investor-friendly regulations. From luxury condos in Miami to short-term rentals in Orlando, opportunities span every budget and investment goal.
For non-residents ready to enter the market, America Mortgages offers tailored financing solutions designed exclusively for foreign nationals. Our team helps simplify U.S. property ownership — from pre-approval to closing — making it seamless, compliant, and rewarding.
What Do Non-Residents Need for Financing?
Financing U.S. property as a non-resident is simpler than most investors expect, especially when working with specialized lenders who understand international clients. While traditional U.S. banks may have strict requirements, lenders like America Mortgages make the process transparent and accessible, even without a U.S. credit score or residency.
For investment properties, personal income verification isn’t required; the loan is qualified based on the property’s rental income and cash flow potential (DSCR). For self-use homes such as vacation or second homes, basic proof of income (like pay slips or tax returns) may be needed to confirm affordability.
Typically, non-residents can expect to provide:
- Valid passport and government-issued ID
- Proof of funds for the down payment (usually 25–30%) and closing costs
- International banking or credit references (no U.S. credit score required)
- Bank statements for liquidity verification
Getting pre-approved early is one of the smartest moves a foreign investor can make. It speeds up the buying process and positions you as a serious, qualified buyer in Florida’s competitive market.
How Non-Residents Get Pre-Approved and Complete the Buying Process
For non-residents, the U.S. property purchase process begins with a solid pre-approval. Partnering with an international mortgage expert like America Mortgages ensures your financing aligns with your investment goals: whether it’s a vacation home, rental property, or long-term portfolio asset.
Once pre-approved, buyers can move confidently through the U.S. real estate process, which closely mirrors that of local investors. You’ll identify the right property, make an offer, complete inspections and appraisals, and finalize closing within 30–45 days. Working with experienced professionals, real estate agents, attorneys, and title companies who understand foreign transactions, helps streamline every step.
Getting pre-approved not only verifies your eligibility but also strengthens your position in negotiations, often helping international buyers secure better deals in competitive Florida markets.
Financing Options Available to Non-Residents
Non-residents have access to a wide range of U.S. mortgage programs designed specifically for international buyers looking to invest, relocate, or diversify their portfolios. Through America Mortgages, borrowers can choose from customized loan solutions that fit their goals, whether that’s purchasing a vacation home, generating rental income, or expanding a global real estate portfolio.
Popular programs include fixed-rate and adjustable-rate mortgages with terms of up to 30 years, DSCR (Debt Service Coverage Ratio) loans that qualify based on property income rather than personal income, and portfolio loans ideal for investors managing multiple assets. These programs simplify cross-border lending while offering stable and transparent terms.
Unlike traditional banks, America Mortgages accepts foreign income, international credit history, and global assets, making financing accessible without the complexity of U.S. tax filings or credit requirements. Loan-to-value (LTV) ratios can reach up to 80% for qualifying applicants, giving non-residents a competitive edge when acquiring prime Florida properties.
With America Mortgages, financing becomes a strategic advantage, allowing international buyers to leverage the U.S. real estate’s growth potential while preserving global liquidity and building long-term wealth.
Down Payments, LTV, and Credit Rules for Non-Residents
Non-residents typically make a 25–30% down payment when financing property in Florida. Specialist lenders like America Mortgages simplify the process by accepting foreign income, assets, and international credit references instead of U.S. credit scores.
With loan-to-value ratios reaching up to 80%, qualified buyers can invest confidently while keeping capital free for other opportunities. These programs make U.S. property ownership accessible, secure, and profitable for international investors.
Learn more about why U.S. real estate remains one of the strongest global investment markets: Why Investing in U.S. Real Estate as a Non-U.S. Resident is the Smartest Choice for Any Real Estate Investment.
Tax, ITIN, and Legal Considerations for Non-Residents
Foreign nationals investing in Florida enjoy many of the same tax benefits and deductions as U.S. citizens. While you can obtain an ITIN (Individual Tax Identification Number) to simplify tax filing, it’s not mandatory for purchasing or financing property.
Non-residents may be subject to U.S. property taxes and potential taxes on rental income or capital gains, but with proper planning and expert advice, these can often be reduced or offset. This is one of the reasons U.S. real estate remains so attractive for international investors.
For guidance on ownership structures, FIRPTA regulations, or optimizing your tax position, consult a qualified advisor or connect with America Mortgages for trusted support.
Common challenges for non-residents and how to avoid them
Non-residents often face challenges with financing, documentation, currency conversion, and tax compliance. These can be managed with proper planning and professional help.
How to minimize these issues:
- Use lenders experienced with foreign-national loans.
- Secure exchange rate protection when transferring funds internationally.
- Hire a U.S.-based property manager for rentals and maintenance.
- Consult an international tax expert before purchase and at sale time.
How America Mortgages helps non-resident buyers
America Mortgages specializes in financing for foreign nationals and U.S. expats. We accept foreign income, offer 30-year fixed-rate programs, and simplify pre-approval for buyers without a U.S. credit score.
We provide DSCR, fixed-rate, and portfolio loans tailored for non-residents, helping clients act quickly and confidently while maintaining full legal and financial compliance. Our dedicated underwriting team evaluates international financial profiles to ensure smooth loan approvals, even for borrowers without traditional U.S. credit histories.
According to our recent announcement, America Mortgages has introduced specialized mortgage programs designed to make U.S. real estate investment easier for overseas buyers. These programs deliver flexibility, competitive interest rates, and streamlined documentation, allowing non-residents to invest in Florida property with greater ease and confidence.
Conclusion
Buying and financing property in Florida as a non-resident is simpler than most investors realize, especially with the right partner by your side. With America Mortgages, you gain access to exclusive loan programs designed specifically for foreign nationals, competitive rates, and expert guidance from application to closing.
For inquiries, email us anytime at [email protected].
Speak to a U.S. Loan Expert 24/7 at +1(845) 583-0830 or schedule a free, no-obligation consultation online with a U.S. mortgage advisor.
Frequently Asked Questions
Q1: Can non-residents get a 30-year fixed mortgage in Florida?
A: Yes. Certain lenders offer non-resident mortgages in Florida, including 30-year fixed-rate programs. Eligibility and terms depend on documentation, income verification, and lender policies specific to foreign nationals buying property in the U.S.
Q2: How long does it take for non-residents to close on a home?
A: Closings usually take 30–45 days from the time an offer is accepted, assuming financing and title checks are completed on schedule. With U.S. mortgage options for foreign nationals, the process can move faster if pre-approval and documentation are ready in advance.
Q3: What is LTV (Loan-to-Value)?
A: LTV measures the ratio of your loan amount to the property’s value. Non-resident mortgages in Florida typically allow up to 70–80% LTV, depending on the borrower’s credit profile and documentation strength.
Q4: What is a DSCR loan?
A: A DSCR (Debt Service Coverage Ratio) loan allows investors to qualify based on property rental income rather than personal income. This type of U.S. mortgage for foreign nationals is ideal for overseas investors interested in Florida real estate for foreigners who may not have U.S.-based earnings or a credit history.
