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RICK & INES

"Miami Realtors"
  • 99 Helpful Answers
  • 168 Answers
  • 8 Listings
Agent at Majestic Properties
Experience:
REALTORS for Majestic Properties July 2008—present
REALTORS for Coldwell Banker Residential Rea Estate, Inc. April 2005—June 2008
rank among the top 5.7% of all Coldwell Banker NRT Sales Associates nationwhide
Specialties:
Luxury Real Estate, Historic Homes and waterfront properties
Certifications
& Awards:
-Miami Shores Chamber Board
-Bachelors Degree in Architecture from the University of Miami
... show more
Interests:
historic preservation, boating, blogging
About:
Miami Realtors especializing in Luxury real estate from Fisher Island to Aventura - including Miami Shores, Miami Beach, Surfside and Bay Harbor Islands. ... show more
Testimonials:
"Working with you is a pleasure. Your never ending patience and eye for detail set you apart from experiences I have had with other agents with other companies. ... show more
RICK & INES answered:
Mike - property taxes are not more for foreign nationals - the difference in Florida is that you cannot Homestead a property if you are not a resident residing in that home.
Florida residents who hold title to a home in Florida and use the home as their permanent residence may establish their residence as a homestead which entitles the homeowner to a $50,000 homestead tax exemption from the assessed value of the home for city, county, and school taxes. When you have your home "homesteaded", the Save-your-home act limits the assessed value increase to 3% per year.

Read this article I wrote for Foreign Nationals on our blog:
http://www.miamism.com/miami-real-estate-for-foreign-nationals

Hope that helps!
Ines - Tue Jan 20 2009, 09:01

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