Texas was the third most popular state for international commercial buyers who worked with REALTORS®, according to a survey by the National Association of REALTORS®. Texas garnered 11% of those buyers in the U.S., ranking behind Florida (20%) and Illinois (13%) but ahead of California (9%).

Nationwide, just over half of international buyers paid cash, while one third used financing from 
a U.S. source.

Top Referral Sources for International Commercial Buyers

  • Personal contact: 31%
  • Former client: 13%
  • Referred by previous client:12%
  • Referred by business contact in the U.S.: 12%

3 Biggest Reasons International Buyers Did Not Purchase Commercial Property 
in the U.S.

  • Couldn’t find a property: 31% 
  • Cost of property: 29%
  • Difficulty moving money from home country: 22%