Orlando is a very attractive city in which to invest in real estate. Because it's a sunny location full of tourist attractions, there are many options for houses for sale. If you are interested in investing in the region, you may be wondering how to buy a house in Orlando. Read on to find out everything you need to know.
Who can buy a house in Orlando?
This is one of the main questions raised by Brazilians. Is it possible for a foreigner to invest in real estate in the USA? Yes! Only with a visa, of any kind (tourist, work, study, etc.), and a valid passport can you buy a house in Orlando or any other location in the United States.
- If you want to know more about the American visa, read here: Applying for an American visa: everything you need to know about the process.
If you want to finance a property, other documents are required. Among them, proof of income and proof of residence in Brazil. For cash purchases, the bureaucracy is even less and the whole process of acquiring the property can be done in less than a month.
Can foreigners get financing from banks in the US?
In addition to acquiring a property in the United States with minimal bureaucracy, it is possible to obtain financing of up to 75% of the property's value with US banks. Called "foreign national loan"In Florida, home loans have lower interest rates than those in Brazil. What's more, it's not as bureaucratic to obtain. The entire approval process takes between 45 and 60 days.
- To understand the whole process of buying a house, read on: How to buy a house in Florida? Everything you need to know
Vacation home
Knowing how simple it is to buy a house in Orlando, how about thinking about possible investments in the region?
The vacation homes are a property option with a quick return on investment. The house can be used by the family during vacation visits to Orlando. However, throughout the year it is possible to leave the house in the hands of companies that specialize in vacation home management to maintain it and make it available for tourists to rent.
Year-round rentals are guaranteed, as this type of property is strategically located in condominiums close to Orlando's tourist attractions. This is why it attracts the attention of many families who come to the city on vacation.
Advantages of buying a house in Orlando
Whether you're looking to invest in a vacation home or a property to move to with your family, the city of Orlando has many attractions: quality of life, security, return on investment, pleasant climate, among many other advantages that make Florida one of the main investment destinations for Brazilians.
Shall we make your dream come true?
The Florida Lounge has a team of relationship agents to provide 360º advice on buying real estate in Orlando. We'll be with you from the moment you book your visa to the moment you hand over the keys! Click on the banner below and get in touch.
Did you like the article? Keep an eye on our blog! Looking to invest in real estate in Florida? See the list of houses for sale in Florida we have selected for you
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Leo Martins
My role is to create an environment for people to connect with Real Estate in Florida