PROPERTY TAX FOR FOREIGN INVESTORS: There are often
rumors, especially in Canada, that non US citizens have to pay higher property
taxes than US citizens. Please understand this is NOT the case. Property
taxes have nothing to do with your nationality or even your state of residence
but whether or not you actually live in the property you own. Florida residents
have to pay the higher, non homesteaded rate on any property we own that is not
our principal residence. It doesn't matter how many properties you own or where
in the world you own property, you can only have one official, legal, permanent
residence. Your official residence is usually considered to be where you spend
at least 183 days of each year. This is where you declare yourself a permanent
resident and where the government recognizes you as a legal resident and where
you file tax returns on your worldwide income.
If you are looking to invest
in the Florida real estate market or if you are looking for a second home to
escape Toronto winters (which I know can be long and cold) then call me:
(561)
371-6224
No comments:
Post a Comment