What to Think About Florida
Florida
holds a special place in the hearts and minds of many British people.
The availability of affordable transatlantic flights, combined with the draw of major
tourist attractions has created a massive holiday industry specifically tailored to Brits
holidaying in Florida. With many of these holiday makers living in rented accommodation
rather than hotels during their stay in the Sunshine State its not
surprising that many of them get a real taste for the Florida lifestyle and look for a way
to make it a bigger part of their lives.
Some go as far as to make a permanent move, taking up employment or starting their own
business in Florida. Others postpone their move until retirement provides the opportunity
for a major lifestyle change and a permanent move to Florida.
The largest group however satisfy their desires by the purchase of property in Florida to
provide a personal holiday base, subsidized by renting out the property to other holiday
makers. Done properly, this can give you a fantastic holiday home, a good steady return on
your investment, and an appreciating asset. Hardly surprising its an attractive
proposition for thousands of families every year.
The incredible level of demand has spawned an entire industry that makes its living
selling Florida property and associated service to the Brits. Unfortunately,
the quality of advice and information given to these buyers isnt always what it
might be, and it is all too common for the outcome to be unsatisfactory when buying
property in Florida.
It seems that many people think that because there are so many similarities between our
countries and the language we speak; it is safe to assume that the systems for buying
property, the appropriate laws and customs that apply will all be the same too.
Of course, this is far from true and there are many potential pitfalls for the
unsuspecting British buyer. However, these can all be safely negotiated with a little
advance research and by selecting the right advisors to help you in your quest.
Reading this web site is an excellent start!
Never, ever make the mistake of assuming something will work a certain way because that is
what would happen in the UK and never assume that anyone will highlight the
differences for you
Unless of course you have sensibly enlisted the help of someone who is specifically
experienced in the exact business of helping British people buy property in Florida. That
is really the only guaranteed way of getting through the process from start to finish
without tears. It isnt enough to work only with people who understand the Florida
system if they dont also have some understanding of the system you are
familiar with they will not know what they have to focus on to help you with the critical
differences between the two.
Since I moved from the UK to Florida in 1991, Ive built up a massive amount of
experience in helping UK citizens successfully buy, finance, manage and sell properties
here.
This website is a distillation of that experience and I think its unique in its field
because it is a truly independent guide based on personal knowledge, not simply a
vehicle for advertising developments and services like most of the so-called
guides to Florida property.
Buying property in Florida is a high-stakes game. The lifestyle, income and security that
come from a well-researched and properly executed plan are immensely positive and can
change your life but the price you pay for mistakes can of course be equally
significant.
Fortunately, I know how to do this properly and how to avoid the pitfalls along the way,
so I look forward to helping you achieve your dream of becoming the owner of property in
Florida!
Getting there
There
always seems to be a lot of confusion around things like visas and green cards and
in these times of increased security consciousness it may be that the situation will seem
to get even more confusing. Much of this lack of clarity is due to the wide variety of
different visas that exist for different purposes. In practice there are only a few that
cater for the vast majority of people buying property in Florida.
HOLIDAYS AND SHORT VISITS
Most people can simply visit the USA for up to 90 days at a time without a visa under the
Visa Waiver Program. This is ideal for research visits when considering your
plans and will cover most holiday trips to enjoy your own property.
LONGER STAYS/SPLIT
RESIDENCE
A B-2 visa is still a tourist visa, but it allows you to stay in the USA for
up to six months at a time. This would be suitable for example for a retired person who
wants to spend half of each year in the UK and half in Florida. You can actually spend
more of each year in Florida if you break up your visits, but you have to be careful not
to abuse the system (by leaving the USA for a week and then returning for example) or the
visa will be revoked.
WORKING IN FLORIDA
If you are moving to Florida because of employment, there are various visa programs to
allow this, but they are aimed at executives, skilled and professional workers. All assume
the employment is current and they are not designed to allow people to enter the USA
looking for work. The requirements for these L and, H visas vary,
but your employer will probably have gone through the process with other workers and will
know how it worked.
STARTING YOUR OWN BUSINESS
Getting a visa that will allow you to do business in Florida on a long-term basis is a
good deal more complicated. Although there are well-established mechanisms and high
success rates (assuming you meet the criteria) to facilitate this process, it is by no
means guaranteed that you will be successful. The most common indeed, typically the
only visa for people setting up in business, is the E-2 investor visa.
This is one of the more complex types of entry visa, and there is extensive documentation
to be completed. You may consider recruiting the assistance of a specialist who can guide
you not only through the application process, but can advise you in detail as to what
features of the businesses you consider will affect your chances of visa success.
In short, you will have to prove that you have committed significant funds to the creation
of a US business that can support you, your dependents and will create employment for
local people.
RETIREMENT IN FLORIDA
This is such a hot topic we have given it a whole information
packed chapter of its own. Click here to read --
How to Legally
Retire in The USA
CITIZENSHIP
All visas have to be renewed periodically, so you may eventually decide to make Florida
your permanent home and try for the fabled
Green Card.
The first thing to be clear about is that American citizenship is quite separate from your
visa status, and having any previous visas is completely unrelated to your chances of ever
becoming a citizen. There are essentially six ways you might get a
Green Card:
EB5 Investor Visa Pilot
Programme is Due to Expire in September 2008 - For More
Information Click Here
- Multinational Manager. If you reach a point where you have substantial
businesses in both the UK and the USA, the Multinational Manager program may be the
easiest way to get a Green Card.
- Relative Sponsorship. A close relative who is a US citizen can sponsor
you. This might be a path for example if a child becomes a US citizen through marriage, as
they can then sponsor you.
- Employer Sponsorship. For example, a child or spouse may become a
citizen through the sponsorship of their employer and then in turn sponsor their
parent or partner.
- Investment. If you invest $1,000,000 (less in some areas) in a business
that creates at least 10 new jobs that alone can qualify you for a Green Card.
- PPEA. Professionals and People of Extraordinary Ability. This program
grants immediate residency to key professionals in high demand sectors (notably health
care) and to athletes, artists, researches and so on who can prove extraordinary ability n
their chosen field.
- Lottery. There is an annual lottery that allocates residency to a small
number of people in different countries.
With
the exception of basic tourist visas, it is probably worth recruiting the services of an
immigration lawyer or similar service, as there are many criteria that are firmly believed
or definitely known to be in place, but are not documented anywhere for the layman. DIY
applications are very likely to fail after long delays and may count against future
applications.
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