On March 4th 2009 the Florida Realtors association published this article about retirement visas.  The article interested me, so I went a head and Goggled the issue and found three more articles about the issue of allowing foreign nationals to retire in the United States. 

 

The oldest article that I found was an interview with Tony Macaluso, a past international operations chairman of the National Association of Realtors (NAR), on Workpermit.com.  I would like to quote this sentence from the article Whilst close neighbors such as Mexico, Panama, Costa Rica, and Belize have a variety of programs designed to encourage international pensioners to settle and buy homes there, the U.S. offers no simple path for a foreign citizen to retire to destinations such as Florida or California”.  Here is a link to the article.

 

Then I found an article about the National Association of Realtors (NAR) stand on this issue.  Their policy is as follows: NAR has no policy on the issue. After discussions with the NAR policy committees with jurisdiction over the issue indicated a lack of agreement as to how to precede, the NAR Leadership team directed staff to work with outside experts to measure the degree of interest among foreign citizens in a retirement visa or "silver card".  Here is a link to their article about: Retirement Visa – Issue Summary.

 

The third and the newest article that I found was on news-press.com, which is an interview with a German retirees and Eugene Borosch a south-west Florida businessman.  Where he states that allowing foreigners to retire in Florida could save the Florida economy.  Here is a link to that article.

 

After reading these articles, I feel that the Government needs to CHANGE their opinion and attitude towards foreign national retirees.  They need to allow: retirees with steady income, which would buy property in the US and pay taxes here to stay.  This would definitely help our economy and spur business, which is desperately needed here.  We also have to look at our competition as our neighboring countries like: Mexico, Panama, Belize and Costa Rica mentioning few, all welcome retirees and have opened their countries for them.  Even though I don’t think that it is the intention of the Government to send our work out of the country. “It is my belief that these restrictions on retiree immigration is doing so”.  This is why I urge Orlando Regional Realtors Association (ORRA), the Florida Association of Realtors (FAR), the National Association of Realtor (NAR) in association with home builders associations and any interested associations to act and push for reforms.       

 

Contact Erna and Petur Sigurdsson, Realtors at The Viking Team, Realty at 321-263-5096 for help buying or selling a home in Longwood, Lake Mary, Altamonte Springs, Sanford, Seminole and Orange County and the surrounding areas of Central Florida. To Search For Homes For Sale in Central Florida Click Here.