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Foreign buyer guide: closing in Miami from abroad

By Maria Moreno·March 12, 20268 min read
Foreign buyer guide: closing in Miami from abroad

Foreign buyers represent roughly thirty-five percent of our closings. The mechanics are well-trodden but the paperwork has tightened in 2026.

Key items: ITIN application now takes 8-12 weeks (start before contract). FIRPTA withholding remains 15% of gross sales price for foreign sellers — make sure your accountant structures the holding entity correctly from the buy side. Florida LLC filings remain among the cheapest and fastest in the U.S., and we'll connect you with three accountants and two real-estate attorneys we trust.

We close every transaction by power of attorney when needed. Our clients from São Paulo and Mexico City rarely fly in for closing day.

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Frantz Richard Desir

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