🇪🇸 Spain· Miami Real Estate · EN / ES
Buying Miami Real Estate as a Buyer from Spain
Buyers from Spain choose Miami for the lifestyle, the language, and a strong dollar investment with deep European ties. You do not need US residency or US credit to buy. I guide buyers from Spain in English and Spanish from ITIN through closing.
How Spanish 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 Spanish Buyers
Spanish buyers favor Brickell for its European, walkable energy, Coral Gables and Coconut Grove for elegant, tree-lined living, and Edgewater for newer bayfront value. For beach access, South Beach and Sunny Isles are popular. I will match you to the area that fits your taste, budget, and whether you plan to live, vacation, or invest.
Spanish Buyer FAQ
Can a Spanish citizen buy property in Miami?
Yes. Citizens of Spain can own US real estate with no residency or visa required. You buy with your passport and use an ITIN for financing and US taxes.
Can I get a mortgage in Miami as a Spanish buyer?
Yes. Foreign-national loans finance roughly 60 to 70 percent of the price with no US credit, qualifying with your passport, ITIN, bank statements, and a bank reference. I can introduce lenders who work with European buyers.
How does the US-Spain tax treaty affect me?
The US and Spain have a tax treaty that helps avoid double taxation on income and gains. You still pay US property tax and FIRPTA applies on sale (about 15 percent, refundable against actual tax). A cross-border CPA ensures you claim the right treaty benefits.
What taxes do Spanish 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, refundable. Many buyers hold title in an LLC; a CPA optimizes the structure.
Can I close remotely from Spain?
Yes. You can close remotely with a power of attorney and a notary at a US consulate or approved notary in Spain. I coordinate the full remote closing.
Ready to Buy in Miami from Spain?
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.