Foreign investments in South Florida rose $1.6 billion for 2018

The international community once again saw big potential in South Florida for 2018, fueling an investment boom of 23% in 2018. The main drivers: Brazilians.

“Diverse, multilingual and located in a subtropical climate, it is easy to see why Miami remains the top U.S. destination for international home buyers,” MIAMI Chairman of the Board José María “Chepe” Serrano said.

Close contenders behind by percentage of homes purchased was Colombia, Venezuela, Argentina, Canada, Mexico, France and Italy.

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