South Florida businesses and real estate executives delighted with lifting of COVID travel restrictions – CBS Miami

MIAMI (CBSMiami) – South Florida tourism officials, hotel operators, restaurant owners and real estate executives are delighted with recent easing of COVID travel restrictions for Europeans and South Americans . Just ask Edgardo DeFortuna from Fortune International.

“We get a lot of requests and comments that people come to Miami,” DeFortuna said.

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At the height of the pandemic, sales were made using Zoom or other internet connections, but it was generally for foreign investors looking to park money, but for those overseas. who actually want to live in South Florida, DeFortuna is quick to say, “Nothing compares to being able to come and take a look.

Foreign investors make up a significant percentage of those who buy luxury condos and this market fell 31% from April 2020 to March 2021, but don’t feel too sorry for condo developers or real estate agents and managers.

The much-vaunted campaign, fueled by Mayor Francis Suarez, “Move to Miami” has attracted US-based businesses and condo buyers.

“New York, Connecticut, Calif. More than made up for this drop in demand.”

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Now, according to DeFortuna, Europeans and Latin Americans will be added to the list of demands.

For Latin Americans, investing in South Florida is an old story.

This story becomes intense again. DeFortuna explains, “We are going to see a huge amount of activity in Latin America, because the social and economic situation in many countries is really a big problem for them. ”

Potential leftist governments in the region have scared the people of Brazil, Colombia and Peru.

Miami-Dade and Broward represent a great lifestyle, the weather but above all security and stability.

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