Frequently Asked Questions for UK & Irish Buyers

Can UK & Irish citizens buy property in Florida?

Yes. You do not need to be an American citizen. You do not need a Green Card. You do not need to live in the United States. Foreign nationals can legally purchase and own Florida real estate. Ownership rights are very similar to those of US citizens.

Do I need to travel to Florida to buy?

No. Many international buyers purchase without getting on a plane. Technology has changed everything. You can view properties through video tours, review documents electronically, sign contracts digitally, and complete closing remotely.

Of course, if you want to fly over and call it important property research while spending a week at the beach, we will not argue.

What areas of Florida should UK buyers consider?

It depends on your goals. A vacation rental buyer will look at different areas than someone looking for a quiet second home or a long-term investment.

Can I get a mortgage in Florida as a UK buyer?

Yes. Several lenders offer foreign national mortgage programs. Requirements vary, but lenders usually review passport identification, income documentation, assets, and deposit or down payment funds. Some buyers finance using UK assets or purchase with cash. Select Realty can introduce lenders experienced with international buyers.

How much deposit do international buyers usually need?

It depends on the lender and loan program. Foreign national loans typically require a larger deposit than standard US residential loans. A common range is around 25% to 40% down, depending on the property, borrower profile, and loan terms.

Can I rent my Florida property when I am not using it?

Yes – but location matters. Not every property allows short-term rentals. Some areas allow nightly, weekly, or Airbnb-style rentals. Others only allow monthly rentals or long-term tenants. We help you understand the rules before you buy, because finding out after closing is expensive.

Who looks after my property when I am back home?

Most international owners use a property management company. Depending on the property, management can include guest bookings, cleaning, repairs, maintenance, rent collection, and inspections. You do not need to answer a call about a leaking tap at 3am Glasgow time.

Will I pay taxes in America?

Usually, yes. Rental income and property ownership may create US tax obligations, including property taxes, rental income reporting, federal tax filings, and FIRPTA rules when selling. We recommend speaking with an accountant familiar with international ownership before you buy.

What is FIRPTA?

FIRPTA stands for the Foreign Investment in Real Property Tax Act. It applies when foreign owners sell US real estate. A portion of the sale proceeds may be withheld to make sure required taxes are paid. It sounds scarier than it usually is, but it is something to understand and plan for.

Should I buy personally or create a US company?

That depends on your situation. Buyers often consider tax planning, estate planning, liability protection, and rental strategy. This is an area where professional legal and tax advice matters, and we can help point you toward experienced contacts.

How long does buying take?

Most Florida purchases close in approximately 30 to 45 days. Cash purchases can sometimes close faster, while financed purchases depend on lender timing, appraisal, title work, inspections, and contract terms.

What costs should I expect?

Plan for the purchase price, closing costs, inspections, insurance, property taxes, HOA or community fees if applicable, and management costs if you plan to rent the property. We help you estimate these costs before you make an offer.

Can Select Realty help after I buy?

Yes. We do not disappear after closing. We can connect buyers with property managers, contractors, insurance contacts, tax professionals, and future resale planning. Our goal is a long-term relationship, not a one-time sale.