Buy in your own name or via an LLC?
Short answer: Both are legal for foreign buyers. Buying in your own name is simpler and cheaper; an LLC can add privacy, organization and help with estate planning, at the cost of setting it up and maintaining it. The right choice depends on your goal and your tax situation in both countries, and should be made with a CPA or tax attorney.
This is one of the first questions international buyers ask. Both ways are common and legal for foreigners, the best one depends on your goal and your tax situation at home and in the US. Here's the overview.
When should you buy in your own name?
It's the simplest and cheapest path. Less paperwork, no cost to open and maintain a company. For many people buying for personal use or for a child, it's usually enough.
When does an LLC (US company) make sense?
Buying through an LLC can help with a few things:
- Privacy: your name isn't directly tied to the property in public records.
- Estate planning: it can ease transfer to heirs and help with non-resident estate tax, which can be significant.
- Organization: useful if you plan to own several properties or rental income.
In exchange, there's the cost of opening and maintaining the LLC and a bit more paperwork.
How does Lory Minici help?
Lory Minici does not give legal or tax advice. Her role is to connect you with specialists (CPAs and attorneys) who work with international buyers.
What is the difference, side by side?
The table sums up the points that usually drive the decision:
| Criterion | Own name | LLC |
|---|---|---|
| Cost | No company cost | Formation and annual Florida fee, plus an accountant |
| Privacy | Your name on the public record | Company name on the record |
| Paperwork | Lower | Higher (accounts, filings) |
| Estate | US property is subject to US estate tax for nonresidents, with a filing required above $60,000 | Can help with planning, depending on the structure your attorney sets up |
Before choosing a structure, browse new developments by neighborhood and how much a condo costs in Miami.
Frequently asked questions
Can a foreigner form an LLC in Florida?
Yes. LLCs are registered with the Florida Division of Corporations (Sunbiz), with no citizenship or residency requirement.
Does an LLC eliminate taxes?
No. It changes how the property is taxed and inherited, which can be better or worse depending on the case. That is why the decision belongs to a CPA or tax attorney.
Can I switch after buying?
You can transfer the property to an LLC later, but it may trigger costs and transfer taxes. Deciding before signing is usually cheaper.
Sources: IRS, estate tax for nonresidents, Florida Division of Corporations (Sunbiz); checked October 2026.
Want to decide the best structure before buying?
Lory Minici refers you to the right professionals and guides every step.
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