🇲🇽 Mexico· Miami Real Estate · EN / ES
Buying Miami Real Estate as a Mexican Buyer
Mexican buyers are a fast-growing force in Miami, drawn by lifestyle, safety, and a stable place to invest. You do not need US residency or US credit to buy. I guide Mexican buyers in English and Spanish from ITIN through closing.
How Mexican 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
Pay cash for the fastest close, or finance roughly 60 to 70 percent of the price through a foreign-national loan. These loans require no US credit history. You qualify with your passport, ITIN, bank statements, and a reference letter from your home-country 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 your home country 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 (Florida has no state income tax) and understand FIRPTA, which withholds about 15 percent of the sale price when a foreign owner later sells, refundable against actual tax. Many buyers hold title in an LLC for privacy and estate planning. I connect you with a CPA and attorney.
Close, remotely if needed
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 anywhere.
Best Miami Areas for Mexican Buyers
Mexican buyers gravitate to Brickell for walkable luxury high-rises, Coral Gables and Coconut Grove for elegant family living, and Key Biscayne for an island feel close to the city. For beach access, Sunny Isles and Bal Harbour are favorites. I will match you to the area that fits your budget and whether you plan to live, vacation, or invest.
Mexican Buyer FAQ
Can a Mexican citizen buy property in Miami?
Yes. There is no restriction on Mexican citizens owning US real estate. You do not need a green card, visa, or US residency. You buy with your passport and use an ITIN for financing and taxes.
Can I get a mortgage in Miami as a Mexican buyer?
Yes. Foreign-national loans let Mexican buyers finance roughly 60 to 70 percent of the price with no US credit history, qualifying with your passport, ITIN, bank statements, and a letter from your Mexican bank. I can introduce you to specialized lenders.
What taxes do Mexican owners pay in Miami?
You pay annual Florida property tax (no state income tax). Rental income is taxed if you rent. On sale, FIRPTA withholds about 15 percent of the price, refundable against actual tax. A CPA helps you structure and optimize.
Does buying property in Miami give me a visa?
No, a purchase alone does not grant a visa. Many Mexican buyers pair it with an E-2 investor visa or other paths. I can refer you to an immigration attorney.
Can I close remotely from Mexico?
Yes. You can close remotely with a power of attorney and a notary at a US consulate or approved notary in Mexico. I coordinate the entire remote closing.
Ready to Buy in Miami from Mexico?
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.