International Buyers Coming to Miami

Miami Real Estate a Great Considered a Solid Investment by the International Community

Although home buyers come from all over the world, a few regions and countries account for a majority of home sales to international clients. According to the survey of Florida REALTORS®, Canada had the largest share of buyers of any country accounting for 36 percent of recent sales. Buyers from the United Kingdom accounted for 15 percent of foreign home buyers, virtually unchanged from 16 percent the previous year. The rest of Western Europe accounted for an additional 14 percent. Latin America, defined for the purposes of this report to include Mexico, the Caribbean nations, Central America and South America, accounted for 16 percent of recent sales to international clients, down from 23 percent the previous year.

In addition to Canada and the United Kingdom, countries with a small but significant share of sales included Germany (5 percent), Venezuela (3 percent), Brazil (3 percent) and France (3 percent). Source:NAR

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