Blog > Can International Buyers Still Win in Miami? What’s Changed in 2025
Can International Buyers Still Win in Miami? What’s Changed in 2025
Miami has long been a global gateway — where Latin American investors, European retirees, and Canadian snowbirds come to buy into a lifestyle as much as a property.
But in 2025, the landscape has shifted. Between evolving visa regulations, tighter lending standards, and increased scrutiny on short-term rentals, many international buyers are asking:
“Is Miami still a smart move for me?”
At RedRoc Realty, the answer is: yes — if you understand how the game has changed. Here's what international buyers need to know before making a move this year.
- Currency Advantage Still Matters — But It’s Market-Specific
The U.S. dollar remains strong — which can either be a challenge or an advantage depending on where you're buying from.
- Latin American buyers (especially from Argentina, Colombia, and Venezuela) are still investing, but with a heavier focus on long-term asset protection and dual citizenship paths.
- Canadian and European buyers continue to capitalize on Miami’s lower cost of luxury, compared to markets like Toronto, London, or Paris.
RedRoc Tip: Cash offers are still king. If you're converting from a weaker currency, timing your transaction can make a difference of tens of thousands.
- FIRPTA Withholding Still Applies
The Foreign Investment in Real Property Tax Act (FIRPTA) requires buyers to withhold up to 15% of the sale price from foreign sellers to cover potential tax obligations.
- This applies if you’re buying from a foreign national, not necessarily if you are one
- It can delay closings if not handled properly
📌 Plan ahead: Work with a real estate agent and closing attorney familiar with FIRPTA. RedRoc handles FIRPTA-based deals regularly and can guide you.
- Financing Is Harder — But Still Possible
International buyers face stricter lending rules in 2025:
- Most banks require 30%–50% down
- Higher interest rates and origination fees apply
- Loans are often based on U.S. assets or require a U.S. co-signer
RedRoc Insight: Some private lenders and local banks offer programs specifically for foreign buyers — we can connect you.
- Short-Term Rental (STR) Rules Are Tighter Than Ever
If you're planning to use your Miami property as a short-term rental (STR), beware:
Zoning and licensing rules vary widely by neighborhood and building.
- Downtown, Wynwood, and certain parts of Edgewater allow STRs — but only in properly zoned, licensed buildings
- Fines for non-compliant listings can exceed $20,000
RedRoc Tip: We maintain an up-to-date list of STR-friendly buildings. Never assume an Airbnb-friendly policy based on listing photos.
- Remote Buying Is Easier Than Ever
International clients are now buying sight-unseen using:
- Live virtual tours
- Secure e-signature platforms
- Remote notaries
- Currency exchange integrations with escrow accounts
RedRoc has helped clients from Spain, Mexico, and the UAE purchase Miami condos without setting foot in Florida — until move-in day.
Coming to visit before you buy? We can prep everything in advance so you tour only qualified, verified listings when you arrive.
Miami’s Global Buyer Snapshot (2025)
- Top foreign buyers: Argentina, Colombia, Canada, France, Mexico
- Most common purchases: Condos under $1M, often for seasonal living or STR income
- Neighborhoods trending with foreign buyers: Brickell, Edgewater, Coconut Grove, Hallandale Beach
Glossary of Key Terms
- FIRPTA: Foreign Investment in Real Property Tax Act — U.S. tax rule affecting foreign sellers
- STR: Short-Term Rental (properties rented for fewer than 30 days)
- Escrow: A legal arrangement where a third party temporarily holds funds during a transaction
- LTV: Loan-to-Value ratio — the amount borrowed compared to the property’s value
- Closing Costs: Legal, title, and transaction fees paid during final sale
Conclusion: International Buying Is Still Strong — If You’re Informed
Miami is still a global real estate magnet — but buying here in 2025 requires smarter strategy, legal support, and hyper-local insight.
At RedRoc Realty, we work closely with foreign buyers to ensure a smooth process — from property search and STR compliance to remote closings and post-purchase management.
Ready to invest in Miami from abroad?
Call us at +1 786-898-0476 or visit redrocrealty.com to speak with a bilingual, international-friendly advisor.
Disclaimer
All information is accurate and based on current tax laws, zoning regulations, and financial market conditions. International buyers should consult qualified legal and financial advisors in both their home country and the U.S. before entering into a transaction.
Sources
- Miami Association of Realtors – 2025 Foreign Buyer Report
https://www.miamirealtors.com - IRS – FIRPTA Guidelines
https://www.irs.gov/individuals/international-taxpayers/firpta - City of Miami – Short-Term Rental Ordinances
https://www.miamigov.com - Redfin – International Buyer Trends in Florida
https://www.redfin.com - Forbes Global Properties – Foreign Investment Rules (2025)
https://www.forbes.com/real-estate - Florida Realtors – Lender Resources for Foreign Buyers
https://www.floridarealtors.org