Which US states are most welcoming to foreign property buyers?

Florida, California, Texas, and New York receive the most foreign property investment, with Florida alone accounting for 23% of all foreign residential purchases (NAR 2024 data).

• Most foreign-buyer-friendly states:
• Florida — no state income tax, large established international communities (Miami especially), no foreign-ownership restrictions on residential property (the 2023 SB 264 restrictions only apply to specific countries of concern). Most popular with Latin American, Canadian, and European buyers.
• California — high prices but strong appreciation; large Asian and Latin American international buyer base. No special foreign-buyer restrictions.
• New York — Manhattan condos popular with international wealth; cooperative buildings often restrict non-residents.
• Texas — no state income tax, strong growth markets (Austin, Houston, Dallas); 2025 SB 17 restricts ownership by individuals from certain countries.
• Hawaii — sought-after by Asian-Pacific buyers; no special restrictions.
• Arizona — affordable, warm climate, growing Canadian "snowbird" community.

• Higher-friction states for foreign buyers:
• Hawaii (more local restrictions on short-term rentals — affects investment strategy)
• Vermont (some agricultural-land restrictions)
• Various individual counties with HOA/co-op limitations

The Heaven Homes app shows market climate ratings for foreign buyers on every state's hub page.