Invest in Florida rental property from Cyprus.
Cyprus is small, English-speaking and EU-based, with a lot of internationally mobile capital. Florida offers the scale and rental depth the island cannot.
Why Cyprus-based buyers look at Florida.
New residents yearly
Florida has ranked as the top state for domestic migration for three consecutive years, adding more than 300,000 new residents a year. Every one of them needs somewhere to live, and most rent before they buy.
No state income tax
Florida charges no state income tax on rental income. Over a multi-year hold, that difference compounds against states with higher taxes, which is a large part of why people move to Florida in the first place.
The price range that works best
Florida still has a deep stock of single and multi-family properties between $150,000 and $300,000, where the rent-to-price ratios make sense, and where a first property does not demand a fortune.
What is different when you buy from Cyprus.
These are the points that come up in every conversation with Cyprus-based owners. We flag them early so nothing surprises you later, and we work alongside your accountant on the detail.
Withholding when you sell
When a foreign owner sells a property, a portion of the sale price is generally withheld for the IRS and credited against what is actually owed. It affects your cash at closing, so plan for it early.
An income tax treaty
Cyprus and the United States have an income tax treaty covering how income and gains are treated between them. The estate tax position is a separate question and should be confirmed with your advisor.
Filing at home
Your Cyprus tax position on foreign rental income depends on your residence and domicile status. We provide the statements your accountant needs to assess it properly.
Income in dollars
Rent arrives in U.S. dollars while your costs sit in euros, which is a currency decision worth taking deliberately.
Rentalogic is not a tax or legal advisor. The points above are the topics to raise with your own accountant, not advice on how they apply to you.
How it works from here.
Your U.S. structure
We form your LLC in Florida and, if you need one, help open a U.S. bank account. No residency or visa is required.
The property
You set the criteria. Certified partner brokers search against it and bring you options, you decide which one to buy, and we coordinate the negotiation and closing.
Rented and reporting
Tenants, rent collection, maintenance and monthly statements, with disbursements to your bank account.
Questions from Cyprus-based owners.
Depth. Florida has a far larger rental market and a much deeper stock in the $150,000 to $300,000 range, with a market you can sell into.
No. You invest through a U.S. LLC that we form.
You approve the property before closing and any significant spend afterwards.
Investing from somewhere else.
We work the same way from every country on this list. Pick yours to see what changes and what does not.
Let’s get started.
Tell us your budget and your goal. We come back with a plan, the numbers, and the exact costs.