🇨🇴 Colombia· Miami Real Estate · EN / ES
Buying Miami Real Estate as a Colombian Buyer
Colombia is one of the largest sources of international buyers in Miami, and you do not need US residency or US credit to buy. I guide Colombian buyers in English and Spanish from ITIN through closing, including financing, taxes, and choosing the right neighborhood.
How Colombian Buyers Purchase in Miami
Get an ITIN
As a foreign buyer you use an ITIN (Individual Taxpayer Identification Number) in place of a Social Security number. It typically takes about 4 to 6 weeks. You can buy in cash without one, but you will need it for financing and US taxes.
Choose cash or foreign-national financing
You can pay cash for the fastest close, or finance roughly 60 to 70 percent of the price through a foreign-national loan. These loans do not require US credit history. You qualify with your passport, ITIN, bank statements, and a reference letter from your Colombian bank.
Make an offer and open escrow
Once we find the right property, we submit an offer and place a deposit in a US escrow account. Funds are wired from Colombia through compliant channels, so plan a few days and keep documentation of the source of funds.
Plan for taxes and structure
Budget for annual property tax and understand FIRPTA, which withholds about 15 percent of the sale price when a foreign owner later sells (refundable against actual tax). Many Colombian buyers hold title in an LLC for privacy and estate planning. I will connect you with a CPA and attorney.
Close, remotely if needed
You can close in person or remotely with a power of attorney and a notary. I coordinate the title company, inspections, and wire instructions so the process is smooth from Bogota, Medellin, or anywhere in Colombia.
Best Miami Areas for Colombian Buyers
Colombian buyers most often look at Brickell and Downtown for walkable high-rise living, Doral for family homes and a strong Colombian community, and Aventura and Sunny Isles for waterfront and beach proximity. For investment, Brickell and Edgewater offer the strongest rental demand. I will match you to the area that fits your budget, lifestyle, and whether you plan to live, vacation, or rent.
Colombian Buyer FAQ
Can a Colombian citizen buy property in Miami?
Yes. There is no restriction on Colombian citizens (or any foreign national) owning real estate in the US. You do not need a green card, a visa, or US residency. You buy with your passport, and an ITIN for financing and taxes.
Can I get a mortgage in Miami as a Colombian buyer?
Yes. Foreign-national loans let Colombian buyers finance roughly 60 to 70 percent of the purchase price with no US credit history. You qualify with your passport, ITIN, bank statements, and a letter from your Colombian bank. I can introduce you to lenders who specialize in this.
What taxes do Colombian owners pay in Miami?
You pay annual Florida property tax (Florida has no state income tax). If you rent the property, rental income is taxed and your manager withholds it. When you sell, FIRPTA withholds about 15 percent of the sale price, which is refundable against your actual tax. A CPA optimizes this.
Does buying in Miami give me a US visa?
No. Buying property does not grant a visa or residency by itself. However, many Colombian buyers pair a purchase with an E-2 investor visa or other immigration paths. I can refer you to an immigration attorney to discuss options.
Do I have to travel to Miami to close?
Not necessarily. You can close remotely using a power of attorney and a notary at a US consulate or an approved notary in Colombia. I coordinate the entire remote closing so you do not have to fly in unless you want to.
Helpful Resources
Brickell Condos
Walkable high-rise living in the financial district
Doral Homes
Family homes and the Colombian community
Miami Buyer's Guide
Step-by-step buying in Miami
Spanish-Speaking Realtor
Servicio en español de principio a fin
Foreign Buyer's Guide
ITIN, financing, and taxes explained
Contact Rangely
Start your Miami search today
Ready to Buy in Miami from Colombia?
Send me your budget and timeline and I'll guide you from ITIN to closing, in English or Spanish. No US credit or residency required.