Yes. The useful part is not whether, it is what has to be arranged and in what order.
This page sets out the mechanics, which are stable. What changes constantly is which building suits and what it currently requires. Contact the desk at Miami Dossier for the current position on any building we cover.
There is no restriction on a citizen or resident of the UAE, Qatar, Saudi Arabia, Kuwait, Bahrain or Oman owning residential property in Florida. You do not need to be a US citizen, you do not need a green card, and you do not need to be physically present in the United States to complete a purchase.
That is where most articles on this subject stop, and it is the least useful thing on the page.
Banking. You will need a route that delivers dollars cleanly into escrow, whether that is a US account or an existing international private banking relationship. This is usually the longest lead item. A buyer with an established relationship is often much further along than they realise. A buyer without one should start here first.
Identification and source of funds. A Florida closing agent will need to document who you are and where the money came from. This is standard anti money laundering practice, it applies to everyone, and it is not a comment on you. It is significantly easier when funds have a clean documented path rather than having moved through several accounts shortly before closing.
Structure. Whether you hold personally, through a US entity, or through a trust affects your position later, particularly on eventual sale and on estate exposure. This decision is much cheaper to make before you sign than to unwind afterwards, and it belongs with counsel rather than with a brokerage.
You do not need a visa to own property. Owning US real estate does not grant residency and it does not create a path to a visa. Any adviser implying otherwise is describing something other than what is happening.
You do not need to be in Miami. Contracts are routinely signed remotely and closings can be handled by power of attorney.
Cash purchases are common at the upper end, but financing is available to foreign nationals through lenders who specialise in it. Terms differ from what a US resident is offered, typically on deposit size and documentation rather than on availability. If financing matters to you it should be explored before you commit to a contract, because preconstruction deposit schedules do not wait for a loan process.
Financing arrangements structured to meet religious requirements do exist in the US market. We can describe what is available and introduce you to the people who offer it. We do not characterise any arrangement as compliant with any standard, because that is not ours to certify.
On currency: several Gulf currencies are pegged to the US dollar, which means a buyer from the region is largely insulated from the exchange rate movement a British, European or Latin American buyer has to think about. It is one fewer moving part. It does not change what a building is worth or whether it is well built.
Deposits are staged across the construction period and are typically held in escrow. What you sign is a contract for something that does not exist yet, which means the developer’s delivery record, the construction financing, and the specific language on changes and delays are the substance of the diligence.
The renderings are not the diligence. They are the marketing, and they are usually excellent.
Which buildings have inventory, what the current deposit rhythm is on each, how the developer has performed before, and what a floor plan actually gives you once read properly. Contact the desk at Miami Dossier and we will answer those at project level, in writing, including the parts that are unflattering. Where a question is legal, tax, immigration or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Structure, tax and immigration outcomes depend on facts a page does not have, and they change with your citizenship and residency. Contact the desk at Miami Dossier for the project level answers we do hold. Where a question is legal, tax or structuring, we will introduce you to advisers who handle that properly rather than answering it ourselves.