Why You should consider Florida as Your Business Place

Every business owner is constantly on the hunt for the best tax and growth location and in Florida you will find both.

The State of Florida is very favorable because it has no state income tax, only federal income taxes need to be paid. The state has also reduced business taxes and that is a further benefit for the employers from other states and worldwide. With this initiative the Governor wants to attract new businesses and stimulate the employment market. During the recession was Florida one of the hardest hit states.

Florida is also a hub for international business opportunities and trade. The southeast ports and freight facilities are tight connected to the Caribbean and Latin American region as well as Europe and Africa. One of the most promising trade opportunity for the future is Cuba which is right in front of the door step of Florida.

The state of Florida is number five when it comes to foreign employees and many Floridians speak a second language besides English. Florida welcomes foreign investments especially in the EB-5 category and offers many business ventures to be successful.

You want to know more about your business opportunities in Florida? Let us assist you and contact us at info@florida-informations.com.

 

 

Vacation home purchases are the today’s market trend

Market studies show that the investment trend in the real estate has shifted from investment properties to vacation and second homes. This trend is not only popular in the super rich population but also in the ordinary middle class. The market share of these transactions is 21 % of all transactions and exceed the market share of the investment home purchases that have only 19 % portion of the real estate transactions.

The vacation home purchaser often buy their property in an average distance of 200 miles from their primary residence. The most preferred location for this type of retreat homes are with over 40 % beach areas while the country side homes are only 19 % and the homes in the mountains are only 17 % of the transactions.

Based on the strong economy the buyers are using mortgage for their vacation home purchase but the mortgages for these home are below 70 % of the loan ratio.  

You want to know more about this actual market trend? Our email address is andrea@florida-informations.com

Asian investors go west

We have a new hot real estate market area. Since a few months Asian investors have discovered that there are not only valuable real estate properties at the coastlines of the United States. We professionals in Florida are happy when for example Chinese investors come and spend their money with us.

However, these investors look now further to the horizon and they discovered that Chicago is also a great place to invest. Chicago is booming and it attracts multinational business headquarters as their primary location. This investment opportunities are no longer a secret and many other investors tried to get their piece of the pie.

Due to the increasing property prices the Asian investors also explore the surrounding regions and states of Chicago like Michigan and Iowa.

The Chinese investors don’t come alone. They bring their family and employees with them and so the Chinese population in that area has already increased by 40%. This increased Chinese population will certainly bring a new and interesting cultural touch to the Mid-West area.

Do you know how to connect with the Chinese culture? We are happy to show you the best business culture practice.
Please contact us at andrea@florida-informations.com

New coming markets - MINT

A few years ago when I earned my designation CIPS -Certified International Property Specialist - we had the BRIC market: Brazil, Russia, India and China. At that time these four countries where the emerging markets with the greatest potential for the future.

The next big coming market potential is MINT. That means the countries Mexico, Indonesia, Nigeria and Turkey. Economists see the upcoming opportunities in these countries because they have a growing population and their economies are starting to grow. It is still too early to predict outline the market potential and the timeframe.

Mexico is the country, which is closest to the US and will be a good investment market for will outbound investors at the US doorstep.

Indonesia located in South East Asia is farthest away. Between these two geographic spots are Turkey in the European Mediterranean Region and Nigeria on the African continent.

Nigeria with its starting growth is the first country in Africa that is on its way out of poverty and demonstrates that there is a lot of potential on the African continent for business opportunities.

For more information - contact us. We can help you to get in touch with the necessary local professionals.

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