Sarasota Real Estate News

Foreign Buyers

November 23rd, 2025 9:31 AM by Linda Holley

As a Certified International Property Specialist (CIPS), I'm an experienced real estate contact for international buyers. Florida is a top location for global transactions, which are complicated.  As a seasoned Realtor, my clients say that I eliminate confusion in home buying, and they trust my advice and recommendations. Foreign buyers want and need accurate, timely data for decision-making.   

MLS in Foreign Countries: India is the 4th largest group of foreign buyers in the US, and Latin America also has a large buyers' investment group. The National Association of Realtors (NAR) is working with UCO to implement their own Multiple Listing Service (MLS) system in India.  France and Abu Dhabi and other countries will follow. 

Tariffs: In August the trade deficit fell 24% and imports are down 5%. Economists believe that there will probably be a negative impact on the US dollar, which is the reserve currency in the world. When tariffs were introduced by the current US administration, it has affected some countries' US reserve currency. 

Currency Exchange in Real Estate Transactions. I recommend foreign buyers get a quote from a bank and also an international payment provider to avoid unnecessary fees. MoneyCorp did $101 billion last year. Recommend foreign buyers open an account and once they are here, they can use this account for expenses. 

Swiss Franks may be a safe haven for foreign currency until buyers are ready to purchase; at that point, the money is converted and sent to another country for a transaction. MoneyCorp does this. Buyers do not need a US bank account set up an account and their money can be held in Swiss Franks for years. The beauty is that MoneyCorp is not a bank, they are an international money provider. They just exchange the money, getting it from Point A to Point B, and transfer it quickly to the US for real estate closings. 

Americans are buying abroad...top destinations are Dominican Republic and Granada because of the economy, cost of living, and medical care. I have contacts in different countries and will be happy to connect you anywhere across the globe if you are interested in buying or selling a home.

Linda Holley, Realtor, GRI, CIPS, SRES, William Raveis Real Estate, 6021 Midnight Pass Road, Sarasota, Florida, 941-914-4914

LindaHRealtor.com 

LindaHRealtor.com/testimonials

Posted by Linda Holley on November 23rd, 2025 9:31 AM

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6021 Midnight Pass Road
Sarasota, FL 34242