Did You Remember To Leave The Air On?

5 TIPS FOR FOREIGNERS CONSIDERING PURCHASING REAL ESTATE IN THE UNITED STATES

As the U.S. real estate market continues to show signs of recovery, stories of acquisitions by non-residents maintain a dominant presence in the media.   But before taking the plunge into American real estate, there are a number of important factors foreign buyers should contemplate, particularly in Florida:

1)  Scrutinize your goal(s).  Are you seeking to diminish your exposure to political or economic uncertainty in your home nation?  Are you simply trying to diversify your investment portfolio?  Your answers to fundamental questions of this nature should influence the scope of your search.  For example, if you intend to acquire residential property and lease it in order to derive passive income, proximity to quality schools and public education and the prospects for job growth should be afforded greater weight than if you plan on using such property solely for personal