As mentioned David, you will not pay higher taxes then non residents of Florida but will not be able to declare it as a Homestead and get some of the exemptions, for example.the $50K off the assessed value calculated for taxes. I would suggest to try to purchase a property which HAS a homestead on it so that your taxes prorated at closing on the HUD will be lower for the first year. Fort Myers/Cape Coral has a long history of non-USA residents who have purchased properties which are avery important part of our culture here. When you sell, you will need to pay withholding. For more questions e-mail me at firstname.lastname@example.org or call me at 239-810-2980.
and Happy Hunting!
LLoyd Nichols Right Choice Realty LLC
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