Clients, Not Cases.
Our team of attorneys truly care about you and your family, not just the outcome of your case.
Purchasing Florida property may be an appealing option for many non-citizens. Our Port St. Lucie real estate attorneys at Crary Buchanan have experience in assisting investors from the following localities in purchasing property in Florida:
While this could be a lucrative endeavor for a foreign citizen, it can also be an overwhelming process if you are not familiar with U.S. and Florida laws involving real estate. One reason why it may be so appealing for a foreigner to invest in Florida property is because the U.S. dollar may be weaker compared to certain foreign currencies. Whatever your reason for wanting to delve into Florida real property, our firm is prepared to assist you.
Real property can be purchased through either domestic or foreign trusts, which can be a great advantage for you. Foreign trusts provide benefits for asset protection and investments. There is great flexibility with these trusts. For instance, there is less likelihood for a property owner to be pursued by creditors, the statute of limitation is lenient, and there is increased confidentiality and privacy. Regulations differ from state to state in the U.S., which is why it is beneficial to have an attorney who is experienced in handling Treasure Coast real property issues.
Although this may be a favorable financial investment for many individuals, there are also many property tax issues to consider. Purchasing property in the U.S. means that you are subject to all state and national regulations. In fact, taxes may be steeper in some cases for foreign investors. Take Canada for example. They are only subject to U.S. estate taxes when their property exceeds $2 million USD (U.S. dollars). There are also capital gain taxes for property owners that wish to sell their Florida homes. What Crary Buchanan can do isguide you through the process to help you not only file all the necessary paperwork, but also to pay the lowest possible taxes for your property. Contact us today to learn more.
Our firm isequipped with more than 85 years of legal knowledge and experience in Port St. Lucie and the Treasure Coast laws regarding real estate and foreign investment. We can utilize this to help you reach the outcome you desire. When you set up your initial case evaluation, we can discuss the particulars of your situation such as purchase location, budget, and other determining factors for your investment. We can then advise you on the most favorable route to take regarding purchasing real estate, and help you with all of the paperwork along the way. Contact Crary Buchanan to begin.
Our team of attorneys truly care about you and your family, not just the outcome of your case.
We are one of the oldest law firms on Florida’s Treasure Coast, and we value our long-standing relationships with clients.
Our attorneys consider it an honor to contribute their time and energy to improving our community, our government and the legal profession as a whole.
Our team of attorneys is made up of professionals who are experienced in handling all types of cases.