Zillow Advice: Investing - I am not a resident or citizen of USA. Could I buy a house in Florida? http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ Zillow Advice | Zillow Real Estate The short answer is YES.&nbsp; ... http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ The short answer is YES.&nbsp; In order to sell the property, you will be required to obtain an ITIN (Individual Taxpayer Identification Number).&nbsp; This is not a Social Security Number or provide any type of citizenship, it is only used for TAX purposes. You will be required to pay taxes upon the sale on any profits. I recommend comsulting a TAX advisor.<br/>You may qualify for Foreign National Financing, which will in most cases only require 20%-30% deposit.&nbsp; These <a href="http://www.zillow.com/mortgage-rates/">loans</a> are coming back, so depending on your situation, it might make sense to finance.<br/><br/>Cash is ALWAYS preferred.<br/><br/>All the best! Thu, 29 Dec 2011 00:17:00 GMT http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ 2011-12-29T00:17:00Z I would like to get an investor ... http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ I would like to get an investor to buy a house in my area, Michigan. very nice <a href="http://www.zillow.com/homes/for_sale/fore_lt/">foreclosure</a> houses with way higher appraisal values and sell it to us under land contract terms. We can put up to 10% down. Typically looking for a good nice house and have very high income, so monthly payments will be a breeze! Me and my husband have very high incomes monthly!&nbsp; Mon, 09 Jan 2012 04:51:00 GMT http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ 2012-01-09T04:51:00Z Yes you can. Everybody can ... http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ Yes you can. Everybody can buy a property in US.<br/>Just make sure you pay your Propert tax and any other tax that may apply to you.&nbsp; You have to get a TIM number from IRS.<br/>If you have any income from the property you must file fedral &amp; state income taxes every year. Once you sell the property, IRS will withhold your profit and you have to fil taxes to get it back.&nbsp; IRS will pay you interest so next couple of years after selling you need to file taxes again to get the taxes you paid on interest back.&nbsp; Does this make any sense, NO!! but I lived through it and that is how I know!. Sun, 01 Jan 2012 00:45:00 GMT http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ 2012-01-01T00:45:00Z Bala- For an investment property, ... http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ Bala- For an investment property, even if you pay in full, you will be required to receive a <a rel="nofollow" href="http://www.irs.gov/businesses/small/international/article/0,,id=96696,00.html">Tax Payers I.D. Number</a>.<br/><br/>Happy funding, Rudi Wed, 28 Dec 2011 19:22:00 GMT http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ 2011-12-28T19:22:00Z Yes. Investors all around ... http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ Yes. Investors all around the world are buying U.S. properties from us.&nbsp; You are limited to paying "all cash" unless you can qualify for bank financing.&nbsp; The only excpetion is "seller financing" which we currently offer in Kansas City and Atlanta, but not in Florida as of yet.<br/><br/>Thank you,<br/><br/>Marco Santarelli<br/> Wed, 28 Dec 2011 18:40:00 GMT http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ 2011-12-28T18:40:00Z Yes you can. I sell homes ... http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ Yes you can. I sell homes to foreign nationals all the time. If you are looking at it as an investment opportunity then it's a good plausible idea. However, as previously mentioned, if you are looking for a move to the US I would do my research before you make any decisions about a property purchase. Good luck. Wed, 28 Dec 2011 13:30:00 GMT http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ 2011-12-28T13:30:00Z Probably, but your stay may ... http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ <p>Probably, but your stay may be limited by your type of visa.&nbsp;<br/><br/>Your best bet is to speak with an immigration attorney who can advise you on the specifics of your case.<br/><br/>Eve in Orlando</p> Wed, 28 Dec 2011 12:41:00 GMT http://www.zillow.com/advice-thread/I-am-not-a-resident-or-citizen-of-USA-Could-I-buy-a-house-in-Florida/426878/ 2011-12-28T12:41:00Z