The foreign investment tides are changing, and Miami developers are altering their styles in response so as to be more appealing to newly interested Chinese buyers. Up until recent years, the major economic foreign power interested in South Florida real estate was Latin American. Now however, economists are reporting that the spending power in Latin American is weakening and Chinese investors are showing an increased interested in the Miami as an ideal location for their US property.
In an effort to entice this new demographic of potential clients, developers and brokers are tailoring their 
properties and services specifically for them, from translating brochures into Chinese to employing Feng Shui consultants to design units. Many are even traveling to major cities like Beijing and Shanghai in order to win over these affluent investors, who are interested in purchasing property in American and see Miami as the perfect alternative to New York or Los Angeles. This increased attention on China has in turn prompted local restaurateurs to take on that type of cuisine as well and open more Asian-style eateries, which makes the city all that more appealing to these foreign investors. South Florida is quickly becoming an international destination for luxury real estate, and recent economic shifts have prompted China to be the country showing major interest in Miami properties.
Major US cities such as New York and Los Angeles have started to seem past their prime, and have lost their appeal to that niche of wealthy international businesspeople looking for a home base in America. Miami is quickly emerging as the new, up and coming US city famous for glamorous large-scale events, beautiful warm weather and a uniquely global culture. With real estate on the rise and new complexes under construction every day, now is the time to invest in both commercial and residential real estate here in South Florida. Contact a RE/MAX agent today, and they would be happy to help you find the property that fits best for your individual needs!