How Long Can A Foreign Buyer Live in the United States?

How long can a foreign buyer live in the United States?

One of the biggest mistakes that foreigners make is believing that they can stay in the United States at the residence they purchased here up to six months each year and not have to pay United States taxes.

Technically for United States income tax purposes a foreigner is considered a U.S. resident if the average number of days spent in the United States equals to or exceeds 183 days during a three year period of time.

If you are foreigner you are also considered a tax resident when you stay in the United States for more than 120 days each year.

The exception to this rule is if the foreigner is from a country that has an income tax treaty with the United States.

The other exception to this rule is if the foreigner stays here less than 183 days in a tax year but has very close ties to another country ie: he or she has business ties in the other country, has family in the other country, votes in the other country, etc.

There are United States federal income tax and also Florida state tax implications for foreigners seeking to purchase residences here in South Florida.

Proper planning will save you from tax surprises later on.

We advise that you speak to a reputable U.S. tax professional who specializes in international transactions.

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