It is one of the most common ways international buyers enter the South Florida market, for structural reasons. The staged deposit schedule spreads the capital commitment over the construction period, the purchase can be handled almost entirely remotely, and there is no rush to furnish or occupy a unit that will not exist for years.
Developers in Miami are built for this buyer. Sales teams work in multiple languages, contracts are routinely executed from abroad, and closing can be completed with a power of attorney when travel is inconvenient. The buyer's own diligence, developer record, contract terms, escrow provisions, matters just as much from overseas, arguably more.
Rangely runs the entire process bilingually in English and Spanish, coordinates with your attorney and tax advisor on structuring questions, and covers the new development pipeline from Miami up to Fort Lauderdale. First conversation: (954) 833-0020 or info@rangelyadames.com.