CRESCO HOMES USA · NEW DIVISION
For buyers in the UAE, the Gulf and South Asia who want a new home in the United States. Florida first, screened properly, money never through us.
In short: Cresco Homes USA is the US new homes division of Cresco Real Estate. It is built for buyers living in the UAE, the wider Gulf and South Asia who want a newly built home in the United States, starting with Florida. The same team that brings American buyers to Dubai now works the other direction.
Where we are today: Cresco Real Estate LLC operates from Los Angeles. Our US brokerage service opens once our broker of record is appointed, which we expect in the coming weeks. Until then we publish research, answer questions and keep a priority list. We do not sell, negotiate or collect fees on US homes before that date.
| Fact | Figure | Source |
|---|---|---|
| Share of all foreign buyer home purchases in the US | 21%, the largest of any state | NAR, April 2024 to March 2025 |
| Foreign buyer purchases in Florida | About 16,400 homes, $10.4 billion | Florida Realtors, August 2024 to July 2025 |
| Foreign buyers in Florida paying all cash | About 60% | Florida Realtors |
| Median price paid by foreign buyers in Florida | $442,000 | Florida Realtors |
| Single family building permits, 2025 | Florida ranked second in the US, after Texas | NAHB |
Florida is where foreign buyers already buy, where builders are building, and where Cresco is set up to work. Miami, Orlando and Tampa took about two thirds of Florida's foreign buyer purchases between them.
The full process with costs is in how to buy a new home in Florida from Dubai.
Buying a US home brings US property tax, income tax on rent, FIRPTA withholding when you sell and US estate tax on the property. We cover all four in US real estate taxes for GCC investors and the bigger picture in how Gulf capital buys American real estate.
Yes. There is no federal ban on foreigners buying US homes. Some states restrict buyers from certain countries, so citizenship and country of residence must be checked before you reserve.
In many cases, yes. Florida allows online notarization for signers outside the state, and title companies run closings for overseas buyers. Confirm what your title company accepts.
Specialist lenders offer foreign national loans, typically with 20% to 30% down and no US credit history required. Terms vary by lender.
Cresco Homes USA opens for brokerage once our broker of record is appointed, expected in the coming weeks. Until then we provide research and keep a priority list.
Foreign buyer figures: National Association of Realtors, 2025 International Transactions in U.S. Residential Real Estate (April 2024 to March 2025), press release July 14, 2025; Florida Realtors, 2025 Profile of International Residential Transactions in Florida (August 2024 to July 2025). Permits: NAHB, March 2026. Online notarization: Florida Statutes s. 117.265, as enacted in 2019. Foreign national loan terms: lender guides, 2026; terms change. This page describes a service that opens with a licensed broker of record. It is general information, not legal, tax or investment advice.
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Price is only part of what you need in the bank. We worked out the full cash requirement, including the Land Department transfer fee, the service partner fee and the Central Bank deposit caps, in how much money you need to buy property in Dubai.