Can I buy US real estate without visiting in person? ▼
Yes. Many LatAm investors complete the entire purchase remotely — from property search through closing — using video tours, digital document signing, and wire transfer to US escrow. You do not need to be physically present to close on most properties.
Do I need a US bank account to buy? ▼
No. You can wire funds internationally from your home country bank directly to the US title company escrow account. The title company handles the transaction and disburses funds at closing. Post-purchase, it is helpful to open a US bank account for receiving rental income, but it is not required to close.
What is the typical all-in cost to close? ▼
Closing costs for cash buyers typically run 2–3% of the purchase price. This includes title insurance, title search, recording fees, and attorney fees. On a $500K property expect $10,000–$15,000 in closing costs. There is no mortgage origination fee for cash buyers. Property taxes in Florida average 1–1.5% of assessed value annually.
How much can I realistically earn in rental income? ▼
A $400K–$500K condo in Miami, Doral, or West Palm Beach typically rents for $2,200–$2,800/month for a 2-bedroom unit. After property management fees (8–10%), HOA, insurance, and taxes, net cash flow is roughly $1,200–$1,800/month. Gross yields run 5.5–8.7% depending on neighborhood.
Can I purchase in an LLC or corporate entity? ▼
Yes. Many international investors purchase via a US LLC for privacy, liability protection, and estate planning purposes. Setting up a Florida or Delaware LLC typically costs $200–500 and takes 1–2 weeks. Your attorney can structure ownership for optimal tax treatment based on your home country.
What neighborhoods are best for LatAm investors? ▼
Doral is the most active LatAm buyer market — strong community, Venezuelan and Colombian concentration, solid rental demand. Brickell/Downtown Miami is the trophy asset play. West Palm Beach offers the highest yields at 8.7% gross. Aventura is established with strong Sawgrass proximity. View the full neighborhood breakdown on our Intelligence page.