Miami has become one of the cities preferred by investors for its growth, stability and projection. Here are ten reasons that make Miami the destination of opportunities for Latinos.
Miami is recognized as the Latin American capital of the United States and for many years has been home to Latino immigrants looking for opportunities. There are economic, political, financial, cultural and infrastructural conditions that have significantly transformed the prospects of this city for people who want to preserve and grow their heritage with safe investments.
Miami is currently one of the most stable destinations for medium and long-term investments. The real estate sector in this city handles average annual cash surpluses of 4.5% to 5% and valuation averages that have reached up to 50% during the last 4 years
says Gustavo Galvez, president of PFS Realty, a company that has accompanied the investment processes of thousands of Latin Americans who have found in Miami their gateway to the United States market, either through the establishment of businesses, real estate purchases or access to franchises.
According to the expert advisor in investments in Miami and in visa processes for investors, these are the 10 main reasons why this destination has consolidated its preference among Latin American investors and businessmen:
It is among the 10 most desired cities for investment worldwide
According to the annual wealth report “Wealth Report” issued by the London-based global consulting firm Knight Frank, whose report takes four key factors: economic activity, quality of life, knowledge of the inhabitants and political power. According to “Global Cities Survey”, a global polling company, this positioning among the top ten cities will be maintained at least for the next decade.
Localization
Miami has a strategic location between Latin America and Europe. Known as the capital of the Americas, it is the largest gateway to the United States, not only for tourists, but also for immigrants, business and commerce, and more now with the recent multimillion-dollar expansion of the Port of Miami and Panama Canal.
State-of-the-art infrastructure
It has the third largest airport in the United States (it handles more than 80 airlines and 120 destinations). It has a wide range of cruises with more than four million travelers each year. Quality multimodal transport. Complete hotel offer. First class roads. Extensive network of hospitals. Varied cultural, sports and entertainment scenarios. Countless educational centers. And many other infrastructure developments that support its growth and future projection.
Financial epicenter and global headquarters of multinationals
It is the center of the most recognized global companies. More than 1,200 multinational companies from 56 countries such as AT&T, Apple, Johnson & Johnson, Kos Pharmaceuticals, Sony, Texaco, Toshiba, among others are headquartered in Miami. As if that were not enough, there are more than 100 international consulates, commercial offices and binational chambers of commerce. It has the highest concentration of international banks in the United States; Brickell Avenue alone has more than 100 agencies.
Investment with possibility of EB5 Visa
Miami is home to EB5 Visa Regional Centers. With an investment of US $ 500 thousand (the amount can be modified by the Government without prior notice) in a project endorsed by the American Government, the applicant and his family group can carry out a process to access the American Residence.
Business & Franchising
It is possible to invest with businesses quickly and safely, whether they are own ideas or existing franchises. The opportunities are open.
Shopping in Miami is easy. Financing for foreigners, flexibility, and opportunity
Foreign investment is welcome in Miami. You don’t have to have several million dollars to invest in Miami. A capital from US $ 100 thousand can give you the opportunity to capitalize on this dynamic market, currently with low interest rates, numerous financing alternatives, and more facilities to qualify, even in less time and with fewer requirements than for a local buyer.
Stable policy, focused on economic well-being
A stable socio-economic and political environment is one of the great virtues that Miami has as part of the United States, a country that favors and protects its economy as a world power of the category.
Lifestyle
Miami offers a multicultural environment that perfectly blends the best of both worlds. Latin flavor and diversity of cultures, within a cosmopolitan, friendly and diverse atmosphere. An inclusive and thriving city, which maintains its growth rates and continues to receive immigrants who find facilities in the language to enter the country, so it is projected consistently into the future.
First city to recover from the crisis
With the best economic projections and the lowest unemployment rate, below the national average, it had a record recovery when the country was in crisis. According to The Wallet Hub, Miami was the fastest growing city between 2010 and 2014 in a sample of 515 cities. At a time when the European Union finds it difficult to maintain the cohesion of its members, the United States is consolidating itself as a reliable alternative for investment.
Real estate investments in Miami and its surroundings offer the best cost-benefit ratio. Buying a property today is more affordable than in many countries and has much higher investment appreciation projections than in other global markets of the same category. We cannot predict the future, but we can learn and talk about the past.
says Gustavo Galvez, satisfied with his career of almost 15 years in the Miami real estate market. In addition, one of the biggest advantages offered by investing in Miami is the possibility of receiving a fixed income in dollars.
. For these and many other reasons, Miami is consolidated as a cutting-edge alternative for investors, who will always find viable options to achieve their objectives in the United States.