UK BUYERS IN FLORIDA
England, Scotland, Wales and Ireland Home Buyers
Why Buy Properties for sale in Florida or Alabama USA?
UK BUYERS IN FLORIDA – – Live in England, Scotland, Wales or Ireland? – – If you can afford to buy a holiday villa, holiday mansion, or second property, you have the whole world to choose from. Many people have been buying properties for sale in Spain, France, Cyprus and further afield. We believe that the Real Estate areas of U.S. such as Pensacola Florida, Perdido Key Florida, and Pensacola Beach offer many advantages that other destinations cannot come close to offering.
We also would like to introduce you to the many of you may not know about – South Coast of Alabama where the “sugar” white sand Beaches glisten as brightly as N.W. Florida but the State Property taxes are quite a bit less. These Alabama Real Estate areas are: Gulf Shores, Orange Beach, Ono Island, Ft. Morgan, and Perdido Key Alabama. These areas offer advantages that other destinations cannot offer, making it one of the BEST areas in the World to buy a villa, mansion, Water Front, or investment property. The benefits include:
- A legal system which is similar in ethos to that in England (UK). The words may change but the sentiments are the same. As an investment, the U.S. is one of the Safest investments in the World.
- The strength of the Sterling pound or Euro against the US dollar. Even if this fluctuates, villas and condos in N.W. Florida and South Alabama Gulf Coastal areas are still Excellent value for your money contrasted to England (UK).
- The availability of Government Licensed Brokerage Companies which make the process of buying a property and maintaining it from the other side of the Atlantic a realistic and even relaxed option. Deal ONLY with a Licensed Broker that knows the area (Buying Agent).This is similar to your Fellow membership of NAEA – your top rated Estate Agent in England and most of the UK.
- The quality and safety of construction and finish is high. The USA is one of the most discerning markets in which to do business. Building companies in Florida have big competition and so must deliver on property quality and price.
- The potential for rental income from your investment is huge as there is an ever growing number of tourists traveling to Florida and the Gulf Coastal Area of Southern Alabama to visit the Gulf Courses, the Waters of Gulf of Mexico, Beautiful Beaches, Deep Sea Fishing, Boating, and of course their ubiquitous shopping malls.
How Can A Non Citizen Buy Property in Florida?
The process of buying properties for sale in Florida or Alabama is similar to the stages in buying a home in the UK. The pitfalls are also similar. It is important not to over-stretch yourself financially, and to ensure that you can afford the deposit and subsequent mortgage. Having said that, you will be amazed at how efficient the builders, pool companies, furniture dealers and mortgage providers are at making it all happen in a short space of time. In our experience, most are keen to help. Buying a property in Florida or Alabama involves the following steps:
- If you do not intend to pay for the property in cash, check that you can provide the deposit and closing costs, and will be able to maintain payments on the mortgage. More Finance Info >>
- When you’ve checked you can afford the investment, view the information on properties for sale and developments in Florida or Alabama on our web sites to determine the type of property or villa you would like to buy. The availability of property changes on a daily basis, and we can let you know what is currently available and what is likely to be available when you visit the U.S.. Complete the enquiry form requesting information on Florida and Alabama villas and Mansions and we will ensure you receive the correct information about suitable villas, condos and resale or New homes.
- Arrange an inspection visit to Florida or the Gulf Coast of Southern Alabama and view both new property developments and resale homes. You may know what style of property or condo you want or you may wish to view a wide range. Capt Rich Wittig Realty can ensure you see a good selection of properties for sale which. We can also help, if you wish, with arranging flights and accommodation.
- NOW – if you wish to buy a property in Florida or Gulf Coastal areas of Southern Alabama and you live outside the United States CONTACT US and let us help you find your dream villa. We WELCOME buyers from the UK, Europe, Central America, South America, and Asia.Properties for sale in Florida are waiting for you. Enjoy the Stability, Safety and Security of owning a home in the United States.
- We lately have been receiving a lot of interest from: Dominican Republic, Venezuela, Colombia, Ireland, & Germany. Let’s hear from you.
You should know that under the Foreign Investment in Real Property Tax Act (FIRPTA) when a foreign person sells real property, the purchaser may be required to withhold 10% of the amount realized (which is usually the sales price). The Buyer must find out if the Seller is a foreign person, and “MAY” wish to get an affidavit of U.S. Citizenship if in doubt. If the BUYER fails to withhold he or she may be held liable for the taxes on the sale.
One of the most common EXCEPTIONS to FIRPTA withholding is that the Buyer is NOT required to withhold tax when purchasing real estate for use as his home and the purchase price is not more than $300,000. Please see (IRS Data subject to constant change!)
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