HomeRelocatingInternational Buyers Guide
International & Foreign Buyers — Fort Lauderdale

International Buyers
Fort Lauderdale Guide

Fort Lauderdale is one of Florida's most active international buyer markets. Here's everything you need to know — financing, FIRPTA, buying remotely, and which neighborhoods international buyers choose.

Why Fort Lauderdale for International Buyers

Florida’s International Gateway City

Fort Lauderdale is consistently among the top five U.S. real estate markets for international buyers. Fort Lauderdale-Hollywood International Airport offers direct routes to Bogotá (3.5 hrs), São Paulo (9 hrs), Buenos Aires (9.5 hrs), Toronto (3 hrs), and London (9 hrs). The city has large, established communities of Brazilian, Venezuelan, Colombian, Argentinian, and Canadian buyers — creating familiarity and infrastructure that makes the transition easier.

Florida law is favorable. There are no restrictions on non-U.S. citizens purchasing real property in Florida. And specialized foreign national loan programs mean many international buyers who assume they must pay cash can actually secure financing.

Neighborhoods popular with international buyers: Galt Mile for oceanfront condo living (especially popular with Canadian and Latin American buyers), Harbor Beach and Rio Vista for waterfront estates, Victoria Park and Flagler Village for urban lifestyle, and Coral Ridge for families seeking established neighborhoods near top-rated schools.

Financing for Foreign Buyers

You May Not Need to Pay Cash

Many international buyers assume they must pay cash because they lack U.S. credit history. This is no longer true. Jim Blackburn at Stairway Mortgage specializes in foreign national loan programs that allow buyers without U.S. SSN or credit history to secure mortgage financing.

Typical requirements: 25–35% down payment, documented income from home country (bank statements, tax returns, or employer letter), valid passport, and a U.S. bank account for closing. Rates run 0.5–1.5% above standard U.S. rates. The financial advantage of financing vs paying cash is significant — preserving capital while leveraging a property that historically appreciates. Call Jim at (954) 993-1625 before assuming you must pay cash.

For Canadian buyers specifically: Canadian credit history and income documentation are well-established in the U.S. mortgage system. Many Canadian buyers qualify for near-conventional loan terms with proper documentation. Cross-border tax implications should be discussed with your Canadian tax advisor before purchasing.

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International Buyer's Step-by-Step Guide

U.S. bank account setup, FIRPTA explained, foreign national financing, and the complete purchase process.

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Key Considerations

What Every International Buyer Needs to Know

What is FIRPTA and how does it affect me?
FIRPTA (Foreign Investment in Real Property Tax Act) requires withholding 15% of the purchase price when buying from a foreign seller. This affects you when you eventually sell — not when you buy. Your closing attorney and U.S. tax advisor handle FIRPTA compliance. It’s standard in Florida real estate transactions and not a deterrent to purchasing.
Do I need a U.S. bank account?
Yes — you need a U.S. bank account to close on a Florida property. Citibank, HSBC, and TD Bank allow non-U.S. residents to open accounts with a valid passport and proof of foreign address. This typically takes 1–2 weeks. Olga and Jim guide international clients through this process.
Can I buy remotely without visiting Fort Lauderdale?
Yes. Many international buyers complete the entire purchase remotely — video walkthroughs with Olga, electronic signing via DocuSign, and wire transfer from your home country. You can also provide power of attorney to a local representative for closing. Olga is experienced in facilitating remote international purchases.
What are the tax implications of owning U.S. real estate?
U.S. tax obligations include potential income tax on rental income and capital gains tax when you sell. The U.S. has tax treaties with many countries (Canada, UK, most of Latin America) that affect calculations. Work with a U.S. tax advisor familiar with international clients before purchasing.
Which neighborhoods attract the most international buyers?
Galt Mile high-rise condos are extremely popular with Canadian and Latin American buyers for oceanfront lifestyle and lock-and-leave convenience. Harbor Beach and Rio Vista attract prestigious waterfront estate buyers. Coral Ridge is popular with Latin American families for A-rated schools. Victoria Park attracts younger international buyers seeking urban walkability.
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Featured Realtor
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Olga Blackburn
The Keyes Company · Fort Lauderdale
5.0 (40+ reviews)

Fort Lauderdale’s relocation specialist. Deep knowledge of all 84 neighborhoods. Northeast buyers, international buyers, waterfront properties.

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Jim Blackburn
Stairway Mortgage · NMLS #1072866
5.0 (60+ reviews)

Every buyer starts here. Get pre-qualified before touring so you can move fast on the right property.

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Ready to Explore Fort Lauderdale?

We work with international buyers every week. Call Olga and Jim today — we can guide you through every step remotely.

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