Why you should invest in FloridaFlorida, and more specifically Greater Miami, remains one of the most desirable and affordable places to live in, and boasts over 19 million residents and 112 million annual visitors. The city is not just for snow birds anymore as more and more people are calling Florida their permanent home. And these new residents often demand rental properties.
Location and WeatherOne of the many drivers of people migrating to Florida includes the tropical climate, and year-round sunshine. Families and retirees escaping the harsh winters of many of the country’s other regions are beginning to call Florida home with its annual average low temperature of a whopping 71 degrees Fahrenheit (22 degrees Celsius). For the avid golfer, Florida offers 1,300 golf courses – more than any other state in the U.S. It is also a water sport enthusiast’s paradise with white sand beaches and an abundance of rivers and lakes.
Favorable Business and Tax ClimateAlong with its favorable weather, it is no surprise that seniors are heading to Florida for its low taxes and reasonable cost of living. Others looking to benefit from the attractive tax situation in Florida are also moving to the area to enjoy the good life. It is not just the retirement communities benefiting from what Florida can offer. Miami alone is home to 1,200 multinational companies from a wide variety of industries. It is now one of the world’s top business hubs and a gateway to booming businesses in other regions.
Florida’s rapidly growing economy and job opportunities brings a stable housing market and a high demand for properties, which presents great opportunities for our investors.