Foreigners enjoy freehold rights, but several states (like Florida) have new restrictions on land ownership for certain nationalities near "critical i... Read Morenfrastructure." All foreign sellers are subject to FIRPTA, a 15% withholding tax on the sale price. Buyers of islands must navigate Riparian Rights for dock construction and U.S. Army Corps of Engineers permits for any shoreline work. Property taxes are significant and vary by county, often ranging from 1% to 2% annually. Read Less