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What is the FINCEN Geographic Targeting Order

October 3, 2018 by Chris Ryder

What is the FINCEN Geographic Targeting Order?

If your looking at property for 1 million or more in Miami-Dade, Broward or Palm Beach County and you are planning on paying cash for the property and taking title in the name of a corporation or trust or something similar, then you should look into the FINCEN Geographic Targeting Order or GTO. Basically the US government has decided (and the stats have shown this to be correct) that foreigners are using residential real estate in the US a vehicle for laundering money. So, if you buy a property for more than a million the US government wants to know who the ‘natural person’ behind the ‘shell’ company or trust is and where they got a million bucks in cash to buy some real estate in sunny Florida.

CLICK HERE to read to original GTO.

CLICK HERE to read the renewed GTO.

For over twenty years now R& R Realty has been helping customers buy and sell Palm Beach homes. Northern Palm Beach County is a spectacular place to live and we know every inch of it. Generally considered the end of the sub tropical zone, the Gulf Steam waters temper our climate for warm winters making for an amazing life style filled with boats, beaches, shoping, golf & convenience just 15 minutes from the Palm Beach Airport. Feel free to browse our website for more information on Palm Beach homes for sale and real estate listings including great local neighborhood maps of Juno Beach, Jupiter, Palm Beach Gardens, Singer Island and Jupiter Island. You may choose to search for Palm Beach Homes for sale on your own at first or contact us and we will help tailor a search to your specific needs. We look forward to hearing from you! If you have any questions about property for sale in Palm Beach, please call me, Chris Ryder, the owner, directly on my cell phone at (561) 818-3858.

About Chris Ryder

I am the Broker/owner of R&R Realty In Juno Beach Florida.

     EXCELLENT rating  
 Based on 33 reviews 
    
  
 
       Nicole Ryder is amazing. Her expertise and knowledge in real estate shines through in many ways. Nicole knows the market, is extremely responsive, knows exactly what listings to present, and an exceptional communicator!
Nicole has done an outstanding job at answering all my questions (and I’ve had a lot), keeping us informed of market changes and proactive in bringing us new ideas and listings.
Highly recommend, Nicole Ryder. Can’t ask for a better experience. 10/10 ⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️
     
   Cathy Ingraham 
 2023-10-09
 
 
 
 
     I highly recommend R & R Realty.  Chris worked with me to over a period of years to find what I wanted.  He always responded quickly to my phone calls or texts.  Chris always pointed out all the positives of a property but also possible negatives or things I hadn't thought of.  It was a pleasure working with him.
     
   Crystal Lewis 
 2020-10-27
 
 
 
 
     Chris and Nicole Ryder are true professionals!  They both helped my husband and I find our apartment when we were new to South Florida and were an excellent source of information about the Palm Beach Gardens/Juno Beach/Jupiter area.  When we decided to buy a property two years later, we came back to R&R Realty without hesitation.  Chris patiently worked with us for many months as we slowly but surely developed a sense of what we wanted.  He went above and beyond, giving us not only real estate advice but also engineering tips and personal recommendations.  We ultimately found a house we love thanks to Chris's diligence and tireless efforts on our behalf.  I can't recommend R&R Realty highly enough!
     
   Amanda Davis 
 2018-06-04
 
 
 
 
     Chris Ryder was a fantastic realtor!  Thorough start to finish!  Helped us buy our first property here 8 years ago sold it for us and helped us buy a second.  Will most definitely be calling him again in the future.
     
   tara connelly 
 2017-05-31
 
 
 
 
     Nicole Ryder (and Chris) provided excellent service  throughout entire process of listing and selling condo in Juno Beach.  Nicole was very helpful and always acted in our best interest re listing details, setting viewing appointments, responding to offers and assisting with closing requirements.
We most appreciated their local knowledge and support re Florida real estate transaction requirements being non Florida residents.  (Canada)
We would highly recommend R&R Realty!
     
   John Bailey 
 2017-05-26
 
 
 
 
     Chris is the very best realtor I have ever worked with anywhere in the country, by a long shot! Being from out of state, he spent countless
hours previewing property, had a clear understanding what I was looking for, has the knowledge of an engineer/architect in evaluating structures plus is very familiar with the area. He is very patient, and never "sells" A true rare professional.
     
   Matthew Pac 
 2016-10-11
 
 
 
 
     I have used R&R Realty, The house Cris found for us is amazing. Cris definitely knows his business. No fooling around and gets the job done. I would definitely use Cris for further purchase. Thanks,Hugh
     
   Hugh Jackson 
 2016-07-23
 
 
 
 
     If you're looking for an exceptional, results oriented, knowledgeable, one of a kind real estate agent that delivers on all accounts then Chris Ryder of R & R Realty in Juno Beach, Florida is your go to resource for all things real estate on the Treasure Coast.  From a structural engineering background and to an understanding of Florida real estate law to a hands on knowledge of market trends and property values Chris has the answer.  Whether your interest is in selling or buying a condo, town house, private home, penthouse or anything in between, Chris can get the job done.  In our case he worked his magic in securing the purchase of our condo in Juno Beach which was a difficult, complex transaction involving a short sale along with the added complication of an estate sale.  His unique combination of abilities and skills coupled with his experience resulted in a successful transaction which benefited all parties.  You won't be disappointed.
     
   Ronald Johanson 
 2016-07-08
 
 
 
 
     It has been a pleasure to work with Chris to identify investment properties in Palm Beach County.
     
   Charles Braznell 
 2016-07-07
 
 
 
 
     Chris Ryder has helped us tremendously with our search for a vacation home. Highly recommend R&R  Realty.
     
   Vincent Lauletta 
 2016-06-30

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What is the FINCEN Geographic Targeting Order

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Are pets allowed in Old Port Cove?

Why Would Someone From the United Kingdom Want to Buy Property in Florida?

Does Alton have a dog park?

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