Can a foreign national buy property in Florida?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Yes. Foreign nationals can buy Florida property and finance it through foreign national loan programs, which don't require U.S. credit or a Social Security number. Expect 25% to 35% down.
These loans are popular with international investors buying Miami and coastal rentals. Qualification leans on the property's cash flow (DSCR) and verified foreign assets or income. We work with lenders who specialize in cross-border closings.
Florida welcomes foreign buyers
Yes. Foreign nationals can buy property in Florida with no citizenship or residency required. Florida is one of the top states for international real estate buyers, especially from Latin America, Canada, and Europe.
You do not need a green card or a Social Security number to own Florida real estate. You can even buy in cash or with financing.
Financing options
Foreign national loans exist for buyers without U.S. credit. They typically ask for a larger down payment, often 25% to 40%, and use foreign income or assets to qualify.
For rental properties, a DSCR loan can qualify on the rent alone. Apply now and we will map the best financing for your Florida purchase.