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A Brief Guide for Canadians Buying Property in Florida


Ready to Escape the Winter Freeze

Canadians who want to escape the winters in Canada often purchase property in the United States' Sunbelt, which they use as a winter getaway. Perhaps you're retired or semi-retired and want to try out the snowbird lifestyle of living in Florida as a Canadian for part of the year. Or maybe you simply desire a peaceful retreat for family weekends and a vacation.

If you're thinking of buying a house or condo in sunny Florida, there are some important things to consider before you start looking for your new place. Here's what you should be prepared for as a Canadian buying property in Florida.

Why Buy Property in Florida as a Canadian?

There are a number of reasons why buying property in Florida as a Canadian can be a sound investment. Some of the key benefits include the following:

  1. The sunny, tropical climate is perfect for those who love spending time outdoors.
  2. There are a wide variety of properties available to choose from, including beachfront houses, condos, and golf course communities.
  3. The cost of living in Florida as a Canadian is relatively low when compared to other parts of the United States.
  4. Property values in Florida continue to rise, making it a sound investment opportunity.
  5. Canadians are welcomed with open arms by Floridians, making it easy to settle into your new house.

Is it Worth it for Canadians Moving to Florida?

Florida is a great place to retire. It offers beautiful scenery, plenty of activities and a relaxed lifestyle. Moving to Florida as a Canadian can be a great decision for those who are looking for a change. Another reason people move to Florida is for job opportunities.

What are the Costs of Buying a House in Florida as a Canadian?

There are various costs that are associated with the purchase of property in Florida. You will need to consider not only the down payment when buying a house in Florida as a Canadian but also the real estate commission, legal fees and closing costs. The closing costs are typically around 2% of the house's original cost.

Make sure you conduct research on the area in order to know your investment will be safe and secure. You should also contact your mortgage company to ask about their options for financing.

What Factors Should be in Consideration when Buying Property in Florida from Canada?

When looking to buy property in Florida, it's important to consider a few factors: the climate of the state, its cost, and what kind of lifestyle you want to lead while living there.

Florida has a subtropical climate, which means the weather is warm all year round. If you're looking for a place to retire or just want to escape the cold winters, Florida is a great choice.

If Canadians move to Florida the cost of living is also relatively affordable when compared to other states in the US. You can find properties at a wide range of prices depending on your budget.

Finally, think about what kind of lifestyle you want to lead in Florida. Do you want to be near the beach, the mountains, or maybe the theme parks? Florida is a great spot for families with young children because of all the attractions they have to offer.

The Benefits of Buying a House in Florida as a Canadian

One of the benefits of Canadian buying property in Florida is that you get to enjoy the warm weather. You can also enjoy other amenities like sandy beaches and amazing art galleries.

The benefits of buying a house in Florida are innumerable. Benefits that may not apply to everyone, but exist nevertheless include the following:

  • Having a second home, you can escape to
  • Florida is filled with sunshine
  • The state has no income tax
  • The property prices are cheaper than in other parts of the world
  • There are a lot of festivals and events going on throughout the state
  • The international airport is filled with travelers from all over the world
  • The real estate market of Florida has been growing at an exponential rate lately

The Weather in Florida

The weather in Florida is a key factor that attracts many Canadians to purchase property in the state. The climate is subtropical, which means the winters are mild and the summers are hot and humid. There is also a lot of rainfall throughout the year. While this may not be ideal for everyone, it is a major selling point for many people.

Best Places for Canadians to Buy Property in Florida

There are many great places in Florida to buy property, but some are definitely better than others. Here are five of the best places to consider:

  1. Miami Beach – This is an excellent place to buy property if you want to be in a vibrant, exciting city. The beaches here are beautiful, and there is always something going on.
  2. Naples – Naples is a more relaxed town, and it's perfect for those who want to enjoy a quiet beach lifestyle. The beaches here are also amazing, and there are plenty of great restaurants and shops in town.
  3. Orlando – If you're looking for a place that has something for everyone, Orlando is the place to go. There are theme parks, resorts, great restaurants and theaters. What's not to love about Orlando?
  4. Boca Raton – If you are looking for the ultimate lifestyle destination, look no further than Boca Raton. This beautiful city has something to offer everyone—sunshine, white sand beaches, art galleries and outdoor attractions everywhere you turn.
    It is also a great place for golf enthusiasts as there are many world-class courses. In fact, the Golf Digest declared it to be one of the top 'Best Places to Live and Play' in America.
  5. Tampa – Is another city that offers a lot for property owners. It has more than 4,000 restaurants serving delicious cuisine from around the world, a thriving arts scene and a variety of outdoor activities from biking to kayaking.


Are you looking to buy property in Florida as a Canadian and worried about the exchange rates? If so, MTFX is the place for you. We offer bank-beating exchange rates to our customers helping them through the process of buying property in Florida.

Using a low-cost international money transfer service like MTFX to cover your house purchase expenses may save you even more money.

Open an account today to enjoy simple, secure, and cost-effective international payments to buy property in Florida with MTFX.

Buying Property in Florida as a Canadian-FAQs

Is it affordable to live in Florida?

Yes, living in Florida as a Canadian is quite affordable. The cost of living in Florida is much lower than in many other states, and the weather is warm and sunny all year long. There are plenty of great places to live in Florida, and the beaches are some of the bests in the country. You can find a variety of buying house options that fit your budget, and there are plenty of jobs available in Florida and also if you're looking for a great place to retire or just enjoy some warmer weather, Florida is a great choice.

Can I buy a house in Florida as a Canadian?

Yes, you can buy a house in Florida as a Canadian citizen! You will need to consult with a real estate agent to learn more about the process and what specific documentation is required. 

Where are Canadians moving to Florida?

Many Canadians are moving to Florida, specifically to the Tampa Bay area. The reasons vary, but many people are buying houses in Florida because of the weather, the lower cost of living, and the friendliness of the people. The colder winters up north are driving many people south in search of warmer weather, and Florida's relaxed lifestyle and affordable house prices are also major draws.

Popular Related Articles;

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  3. Buying Property in the USA
  4. Buying Property in Costa Rica

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