Can Russian Nationals legally purchase property in Florida?
The answer is yes – there are no restrictions on foreign nationals purchasing real estate in Florida. Of course there are a number of visa issues which need to be considered depending on a purchaser’s objectives. What are some differences in the process of buying property in the USA vs. Russia? Lending One significant difference is the ability to borrow money to purchase a property. In Russia most personal residences are acquired with cash. In the USA, it is probably the opposite – most buyers would incorporate some lending in most purchases. Realtors In most places in Florida, there is a central database of properties for sale, which is accessible by all realtors. In addition, in most cases real estate professionals who are marketing properties agree to share their compensation with other professionals should they bring a buyer. In Russia, most properties are marketed by specific agencies who maintain their own personal database of properties. Consistent with this approach, it is also
