International Buyers

From South America, Central America combined with Europe foreign buyers love Florida real estate. International buyers love Florida's location as a convenience pint of entry to the United States

Foreign buyers are drawn to Florida Orlando/Kissimmee largely because the state is viewed as a desirable location, and theme park attractions (Disney World, Sea World, Discovery Cove, Universal Studios and much more.) making it a top destination for buyers seeking a second home or investment property. Purchases by foreigners made up 29 percent of Florida home sales during the survey period At the same time, softer house prices and a weaker dollar have made the market more attractive to foreign buyers. The cumulative result is that the percentage of foreign client transactions is notably high.

The Florida Realtor, the magazine of the Florida Association of Realtors, notes that the state is already becoming a prime location for international buyers and investors. Lower home prices are perceived as a real value, and the current exchange rate provides an added advantage for international buyers.

Weather using their U.S home as a investment, rental or as a vacation/2nd home or both non-US resident account for a significant share of home buying activity. Florida is also one of the most easy accessibility states in the U.S with over 31 major airports and 14 deepwater seaports. Approximately 49 million visitors make the trip to Orlando/Kissimmee each year. Approximately 45.9 million of those guests are domestic visitors and 3.5 are international visitors.

TOP DESTINATIONS FOR FOREIGN HOME BUYERS

Miami-Fort Lauderdale-Miami Beach 21%
Orlando-Kissimmee 11%
Bradenton-Sarasota-Venice 9%
Tampa-St. Petersburg-Clearwater 8%
Cape Coral-Fort Myers 7%
Naples-Marco Island 5%
All other areas in Florida 39