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Tuesday, June 21, 2011

BRAZIL TAKES OVER SOUTH FLORIDA

Brazilians are not only visiting  Sunny Isles Beach, but in record numbers, they’re investing and keeping real estate in Miami and most of South Florida going.

Suddenly, everything seems to be turning hot green and yellow. Brazilians are snapping up beachfront luxury properties specially in the city of Sunny Isles and going all the way to downtown Miami, they are investing in everything from real estate to big franchises, and shopping like there is no tomorrow.

“The trend now is Brazil in Maimi”  they are here to stay and buy Real Estate. Brazil has become one of the most important economies in South America and we see it every day. Their power of aquisition keep the Brazilian visitors coming to Miami to bring us part of their culture and most importantly “Their money”.

BRAZIL'S GROWING IMPORTANCE TO SOUTH FLORIDA (and the USA)

Source: Miami Herald
The U.S. is taking its relationship with Brazil for granted, and that may hurt South Florida’s economy.

South Florida has long been Brazil’s primary gateway to the U.S. marketplace. During the first 11 months of 2010, Florida’s merchandise trade with Brazil topped $14.4 billion, a 27 percent increase over 2009.

Brazilian tourists spend more money in Florida than in any other state. Thirty-five percent of real-estate buyers in downtown Miami are Brazilians.

However, in 2009, China became Brazil’s primary trading partner, surpassing the U.S. for the first time ever. The following year, China and Brazil signed several trade agreements boosting trade and energy co-operation.

By 2010, China took top honors as Brazil’s largest foreign investor.

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