Department of Justice officials claimed last week the bans on some foreign citizens buying property in Florida violate the Fair Housing Act and the US Constitution
On May 8, Gov. Ron DeSantis signed Senate Bill 264. The new law restricts real estate purchases in the state by citizens of China, Russia, Iran, North Korea, Cuba, Venezuela and Syria
Tobias Barrios studied art for years as a child in Venezuela, but now as a Coldwell Banker agent in Miami, he's seamlessly incorporating it into his real estate career
The cultural hotbed of South Florida is home to international transplants from all over the world and continues to draw interest from abroad. With an influx of international searches every day on Trulia, the real estate search engine reported South Florida as a hot market for Venezuelan house hunters.
Colombian buyers accounted for 10 percent of all foreign transactions in Miami last year
Expats see Miami as a good place to spend cash in a more stable, safe economy
The US real estate market has increasingly become a hotbed for financial alchemy
It depends on which demographic you're targeting