Aerial view of Miami skyline and bay—boats, parks and glass towers; leading market for luxury and ultra luxury condos, offering preconstruction and resale.
Aerial view of Miami skyline and bay—boats, parks and glass towers; leading market for luxury and ultra luxury condos, offering preconstruction and resale.

FIRPTA Explained for Miami Luxury Property Owners

FIRPTA Explained for Miami Luxury Property Owners offers a clear, practical overview of how the United States Foreign Investment in Real Property Tax Act affects high value transactions when a foreign seller exits a Miami condominium or estate. The guide outlines who is treated as a foreign person, how the standard 15 percent withholding works at closing, how ownership structures interact with FIRPTA, and what strategies can improve cash flow while remaining compliant, so international families can plan their next move with confidence.

Why International Buyers Choose Miami for Ultra-Luxury Properties
Why International Buyers Choose Miami for Ultra-Luxury Properties

Why International Buyers Choose Miami for Ultra-Luxury Properties

Miami stands out to international buyers for a rare blend of dollar stability, tax efficiency, and world-class services layered onto oceanfront living. Direct air links, multilingual culture, and strong property rights simplify both use and ownership. This guide shows how global families evaluate neighborhoods and branded towers, from Brickell’s business core to Sunny Isles’ beach clubs and Fisher Island’s privacy—alongside title structures, financing options, and day-to-day cadence. Use it to align schools, healthcare, marina access, and resale confidence with a home that works across borders today and over time.

About Us

MILLION is a luxury real estate boutique specializing in South Florida's most exclusive properties. We serve discerning clients with discretion, personalized service, and the refined excellence that defines modern luxury.