Legal Question in Real Estate Law in Florida
homestead exemption
is the homestead exemption transferable outside the US? Can I buy a home in say UK?
3 Answers from Attorneys
Re: homestead exemption
The Homestead Exemption in Florida is based on the state constitution, and would not apply outside the state. If you are contemplating acquiring real property abroad, our office has experience in real estate transactions in France, Switzerland, the Dominican Republic and El Salvador, and likely can assist you in this.
Re: homestead exemption
No. Florida's homestead exemption from forced sale is only applicable to Florida property resided on as a principal residence. There is also an exemption from a portion of ad valorem real property tax.
Re: homestead exemption
No, each state and country has its own laws on this issue.