Brazil was the seventh most invested country in the USA. Specifically in the state of Florida, it rises to second in the ranking. These are the data from the National Association of Realtor 2016.
But, why can investing in real estate in the United States be so profitable?
- The country values private initiative;
- It grants credits at low costs;
- It prides itself on consumption habits;
- It applies light taxes;
- Conjuncturally speaking it has security in the monetary sphere.
From all the topics mentioned above, if you are still not convinced that investing in the USA is a great option, here are some more detailed explanations.
In the US housing market the estimated return on investment from rentals is between 4 and 6% when the house is ready, 8 to 10% when it is under construction, and 18 to 20% per year when it is bought under construction for the purpose of being sold. Estimates may vary depending on state, location, and other factors.
Investing in Florida
It is not only for the tourist appeal that the state has with Walt Disney World, beautiful beaches, museums, and so many other entertainment options. Besides all this, it is worth investing because Florida is economically promising.
In the year 2018 it reached in the sum of its GDP US $ 1 trillion. That means that if it were an independent country, would be the 17th largest economy in the world. This is the data from the Florida Chamber Foundation.
This total Gross Domestic Product is higher than countries like Switzerland and Saudi Arabia, for example. Last year, Forbes Magazine presented an estimate of real estate appreciation in Orlando. By 2021, at 35%.
Types of Investment
So, from this data it is possible to get a comprehensive view that a lot of money is invested in Florida annually. Thus, the opportunities in the region are magnified. Therefore, whether to buy as an investment to rent, make use of Vacation Home, or even to settle down, the state of Florida has grown as a safe and profitable investment option in the U.S. for Brazilians
Florida is an economically strong state with many options for investment, work and education. In addition, the unemployment rate in the region is 2.9%, while in the rest of the country it is 3.9% .
If you want to invest in real estate in the USA, especially in the state of Florida, contact our relationship agents. We can help you understand the whole bureaucratic process, from getting your visa, to buying an amazing house!
Did you like the article? Keep an eye on our blog! Wanting to live or invest in Florida real estate? See the list of houses for sale in florida that we have selected for you!
Did you like the article? Keep an eye on our blog! Wanting to live or invest in Florida real estate? See the list of houses for sale in florida that we have selected for you!
