Blog Home » News » Top 12 Foreign Countries Buying South Florida Real Estate

Top 12 Foreign Countries Buying South Florida Real Estate

Brazil finished as the No. 1 foreign country purchasing South Florida real estate for the first time since MIAMI and NAR began conducting the study seven years ago.

Brazil 1 Foreign Country Buying South Florida Real Estate

The 12 top countries of origin for consumers purchasing properties in South Florida are:

  1. Brazil (12 percent of South Florida foreign purchases)
  2. Colombia and Venezuela (11 percent each)
  3. Argentina and Canada (8 percent each)
  4. Mexico, France and Italy (4 percent each)
  5. United Kingdom, China, Peru and Ecuador (3 percent each)

These top tier countries of origin — Brazil, Colombia, Venezuela, Argentina, Canada, Mexico, France, Italy, United Kingdom, China, Peru and Ecuador— account for 74 percent of total South Florida international closed sales.

The South Florida market top tier of countries continues:

  • Russia
  • Dominican Republic
  • Chile
  • Germany
  • Spain
  • India
  • Costa Rica
  • Portugal
  • Nicaragua

South Florida’s foreign buyers hail from more than 50 countries: Australia, Albania, Angola, Antigua, Austria, Argentina, Bahamas, Barbados, Brazil, Bolivia, Canada, China, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, France, Germany, Greece, Guatemala, Haiti, India, Italy, Japan, Israel, Jamaica, Liberia, Mexico, Netherlands, Nicaragua, Paraguay, Peru, Philippines, Portugal, Puerto Rico, Russia, Spain, Surinam, Sweden, Switzerland, Trinidad, Turkey, Ukraine, United Kingdom, Uruguay, Venezuela, and Middle East countries.

Brazil is the No. 1 Country Buying in Miami-Dade County

The top countries of origin for consumers purchasing properties in Miami-Dade are:

  1. Brazil (17 percent)
  2. Venezuela (13 percent)
  3. Argentina (10 percent)
  4. Colombia (9 percent)
  5. Unknown (7 percent)
  6. Canada and Dominican Republic (4 percent each)
  7. Italy and China (3 percent each)

Other countries that purchased properties in Miami-Dade included Chile, France, Mexico, Peru, Russia, Spain, Cuba, Ecuador, India, Panama, United Kingdom, Egypt, Estonia, Nicaragua, Israel, Romania, Switzerland, Trinidad and Tobago.

Colombia is the No. 1 Country Buying in Broward County

Colombia is the No. 1 Country Buying in Broward County

The top countries of origin for consumers buying real estate in Broward County are:

  1. Colombia (18 percent)
  2. Venezuela (13 percent)
  3. Brazil (11 percent)
  4. Canada (10 percent)
  5. Argentina, Dominican Republic, Ecuador, Peru and Unknown (5 percent each)

Other countries that purchased properties in Broward included Barbados, Bolivia, China, Costa Rica, El Salvador, Germany, India, Israel, Jamaica, Japan, Portugal and Russia.

Canada is the No. 1 Country Buying in Palm Beach County

The top countries of origin for consumers buying real estate in Palm Beach County are:

  • Canada (57 percent)
  • Brazil (10 percent)
  • Argentina (5 percent)
  • Other countries that purchased properties in Palm Beach included Chile, China, France, Portugal and the United Kingdom.

by Miami Realtors - Apr 09, 2019

Get in Touch
  • LINA M MONROY , Broker
  • Fortex Realty
  • Cell: +1(305) 600-7893 Office: +1(305) 600-7893
  • 7715 NW 48th St Suite 385 Doral, FL 33166
SEND US A MESSAGE

Real Estate Websites

IDX Websites - Realty Net Media
Terms / Privacy / Accessibility ADA