FIRPTA Compliance

Expert support for safe, on-time closings
involving international property sellers.

Helping You Navigate Foreign Seller Tax Requirements in Florida Real Estate

FIRPTA (Foreign Investment in Real Property Tax Act), is a federal law that requires foreign persons selling U.S. real estate to pay taxes on the sale. If you're purchasing property from a non-U.S. seller, you may be legally responsible for ensuring proper tax withholding at closing — typically up to 15% of the sales price.

What Our Title Company Does for FIRPTA Compliance

Review seller documentation to determine FIRPTA applicability.
Coordinate with buyers, agents, and sellers to ensure timely compliance.
Prepare and file IRS Forms 8288 and 8288-A, if required.
Hold and remit required tax withholding to the IRS.
Assist in processing Withholding Certificate requests (if exemptions apply).
Ensure all necessary certifications are executed and on file.

Who Is Considered a “Foreign Person” Under FIRPTA?

Non-resident aliens (not U.S. citizens or green card holders)
Foreign corporations or partnerships
Foreign trusts or estates

Are There Any Exceptions?

Sales under $300,000 where the buyer will use the property as a primary residence
The seller provides a valid Withholding Certificate from the IRS
The seller signs a Certification of Non-Foreign Status (if applicable)

Note: The buyer is legally responsible for FIRPTA withholding, but our title company helps guide the process to protect all parties and ensure timely and accurate compliance with IRS regulations.

We handle the FIRPTA paperwork so you don’t face closing-day surprises.

Closing with a Foreign Seller? We’ve Got You Covered.

Ensure your FIRPTA compliance is handled accurately and stress-free from start to finish

Request FIRPTA Assistance

727-399-6977

Buying, Selling, or Refinancing?

Let us handle your closing.

Whether you’re buying your first home, selling, or refinancing — we make your closing smooth, secure, and worry-free.

Talk to your lender or agent about your options, then let them know you’d like First Title Source to handle your closing — we’ll take care of the rest. We manage every step from start to finish with efficiency, security, and care.

Tip: If you've purchased or refinanced before, you may qualify for a re-issue credit—which can help reduce your closing costs.

727-399-6977