Miami Beach to Palm Beach Luxury Real Estate » Miami to Palm Beach Luxury Real Estate Blog http://miamitopalmbeachluxuryrealestateblog.com Luxury Oceanfront & Waterfront Real Estate Blog Fri, 09 Jan 2015 17:24:17 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 China Enters Florida Real Estate Market http://miamitopalmbeachluxuryrealestateblog.com/china-enters-south-florida-residential-market/ http://miamitopalmbeachluxuryrealestateblog.com/china-enters-south-florida-residential-market/#comments Mon, 23 Jan 2012 17:18:27 +0000 Andrea http://miamitopalmbeachluxuryrealestateblog.com/?p=401 With the increase of foreign buyers showing interest in the South Florida region, it is no surprise that new powerhouse China has entered the South Florida residential market looking for prime real estate to purchase.

Photo by frank müller

Many Chinese buyers are looking for investments that are $500,000–which is the minimum buying purchase for a buyer to be eligible for the much sought after EB5 visa. This would entitle the buyer to 3-year U.S. residency, and many developers have used this incentive to their advantage. Obtaining a U.S. visa has become a substantial reason for affluent Chinese buyers to purchase property in the United States.

Source: China Targets South Florida Residential Market

]]> http://miamitopalmbeachluxuryrealestateblog.com/china-enters-south-florida-residential-market/feed/ 0 South Florida is the Nation’s Epicenter in Real Estate to Foreign Buyers http://miamitopalmbeachluxuryrealestateblog.com/south-florida-is-the-nations-epicenter-in-real-estate-to-foreign-buyers/ http://miamitopalmbeachluxuryrealestateblog.com/south-florida-is-the-nations-epicenter-in-real-estate-to-foreign-buyers/#comments Sun, 08 Jan 2012 20:11:19 +0000 Andrea http://miamitopalmbeachluxuryrealestateblog.com/?p=360 It’s no secret that South Florida’s substantial presence in the current real estate market is attracting attention. Due to foreign buyers and interest, developers are starting ambitious new luxury condo projects in the area.The trend isn’t limited to Brazil alone. According to the Miami Herald, South Florida has become the “nation’s epicenter” for residential sales to foreigners, including other Latin Americans and Europeans.

According to the Miami Association of Realtors, foreign buyers account for more than 65% of all condo and home sales.

A bipartisan proposal has been introduced in the U.S. Senate that would give three-year visas to foreigners who invest in at least $500,000 in residential real estate. Successful passing of this proposal would lead to a dramatic increase in South Florida real estate business.

Source: Miami Real Estate Market Embraces Brazilians

]]> http://miamitopalmbeachluxuryrealestateblog.com/south-florida-is-the-nations-epicenter-in-real-estate-to-foreign-buyers/feed/ 0