Florida

Florida offers a rare combination: zero state income tax, no restrictions on foreign ownership, and one of the most active short-term rental markets globally. The state gained over 1 million net new residents between 2020 and 2023, creating sustained demand for both rental and owner-occupied housing across its major metros.

Orlando delivers strong vacation rental returns driven by Disney, Universal, and a growing convention sector. The median single-family home price sits around $425,000, with short-term rental yields of 6–9% achievable in well-located properties. Tampa Bay offers lower entry prices with sustained growth driven by tech and medical sector expansion, with homes selling in an average of just 33 days.

Miami remains the premium play, with strong capital appreciation and luxury market depth. However, investors should be aware of rising insurance costs and the impact of increasing hurricane severity on coastal valuations. Many experienced investors are now focusing on inland Florida markets where insurance premiums are significantly lower.

For UK investors, Florida’s advantages are clear: no state income tax (one of only 9 US states), transparent title insurance system, specialist financing available to non-residents, and the ability to exit quickly in the world’s most liquid property market. The E-2 Treaty Investor Visa provides a route to US residency for those investing in or starting a business.