🇻🇪 Venezuela· Miami Real Estate · EN / ES
Buying Miami Real Estate as a Venezuelan Buyer
Miami is home to the largest Venezuelan community in the US, and buying here does not require US residency or US credit. I guide Venezuelan buyers in English and Spanish from ITIN through closing, including financing, taxes, and choosing the right area.
How Venezuelan 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 Venezuelan Buyers
Doral is the heart of the Venezuelan community, with family homes, schools, and familiar services, often called Doralzuela. Many Venezuelan buyers also choose Brickell for high-rise living, Aventura for waterfront, and Weston in Broward for top schools. I will match you to the area that fits your family, budget, and plans.
Venezuelan Buyer FAQ
Can a Venezuelan citizen buy property in Miami?
Yes. Venezuelan citizens 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 Venezuelan 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. Many Venezuelan buyers also purchase in cash. I can connect you with specialized lenders.
Where do most Venezuelans buy in Miami?
Doral is the center of the Venezuelan community with family homes, Spanish-speaking services, and good schools. Brickell, Aventura, and Weston (in Broward) are also popular depending on whether you prioritize city living, the water, or schools.
What taxes do Venezuelan 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 against actual tax. A CPA helps optimize, often via an LLC.
Can I close remotely from Venezuela?
Yes. You can close remotely with a power of attorney and a notary. I coordinate the title company, wires, and documents so you can complete the purchase without traveling.
Ready to Buy in Miami from Venezuela?
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.