Good news! Anyone can buy property in the US, regardless of their citizenship. However, you’ll need to be aware of your US tax obligations.

Where Can UK citizens buy property abroad?

Top 10 countries to buy a home abroad in 2020 (in order)

• Spain – no change.
• France – no change.
• Portugal – no change.
• Cyprus – up 2 places.
• Greece – down 1 place.
• Italy – down 1 place.
• Turkey – up 1 place.
• Florida – down 1 place.

Can a UK buyer buy a property in Florida?

To get the best advice on finding your perfect property in Florida, you need people who understand both the US and the UK way of doing things. And that’s exactly what we offer, because we have spent more than twenty years in helping clients from the United Kingdom to realise their dreams of owning a Florida property.

Do you need a UK license to drive in Florida?

This resource page was created to answer your questions! Florida has its own driving laws, many differing from other USA states. ► British visitors may use their international or UK licence for the 3 months of your tourist visa OR 6 months if you own property in Florida. Florida does not issue permanent drivers licences to non-residents.

Do you have to pay US tax when selling UK property?

As enrolled agents, Warrener Stewart can assist and advice UK residents on claiming exemptions from US tax withholding on the disposal of US property. Non US persons (or non-resident aliens) who own US real property are subject to a federal withholding tax when the property is disposed.

Do you need a management company to own a home in Florida?

This is a very important part of owning a property in Florida, if not the most important. Choosing a professional management company to manage, oversee and maintain your home in your absence is vital.