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Florida is the number one holiday destination in the world, and many investors from all parts of the world have bought here over the past decades.
Investors are attracted for many reasons: the weather, the lifestyle, the strength of Sterling against the US Dollar and of course the endless number of leisure activities available for the whole family to enjoy on their holiday in the sunshine state.
Recognising that foreign nationals invest heavily in Florida each year, the purchasing process and financial assistance available is much greater and simpler than in most other states of the USA.
Florida has one of the most advanced and diverse economies in the US. The state has a sophisticated service sector with trade and tourism being the main forces behind economic growth. Its economy is the fastest growing among the ten states in the US. If Florida was an independent country, it would have the 20 th largest economy in the world.
Florida leads the south-east in farming, producing about 75 per cent of American oranges and supplying 40 percent of the world's orange juice. By contrast, Florida has one of the highest rates of business formation in the US and has managed to successfully develop its high-tech industry. Growth has been especially strong in business services, trade, transportation, aerospace, tourism, education, healthcare, construction and real estate. Click here to download 'Florida Property Investment Report'.
As the US economy recently slid into recession and the long-standing property boom ended, many developers in Florida have faced tough market conditions in which to promote their projects. One consequence of this has been that buyers have been able to get some great discounts on new properties. Another is that the exchange rate between the US Dollar and Sterling means Brits are getting far more property for their Pounds.
The economic crisis has created an ideal opportunity to buy property at low prices and global property experts are predicting that the fall in Florida property is almost at an end, and prices have nearly 'bottomed out', so for people buying now it could be the perfect time for an investment.
In recent months, we have carried out extensive research into this huge state, narrowing down the focus to specific hotspot locations and places of interest that have rock bottom prices, that are already showing signs of an upward trend that will continue to rise through 2009. Click here to view properties for sale in Florida.
Florida is predominantly a service-based economy and tourism is its biggest industry. The number of tourists has been steadily rising since 2001 and reached 85 million in 2005 with revenues of $62 billion and employment within the sector of 944,500 workers. One dollar in every seven spent by overseas tourists in the US is spent in Florida. By 2010, it is estimated that 97 million tourists will visit Florida, generating $103-136 billion in economic output. Click here to download 'Florida Property Investment Report'.
Barack Obama won a landslide Democrat victory as President of the USA on 4th November 2008. Although he now has the tall order ahead to rectify the state of the nation's economy, politically, many citizens and investors in the USA now also hope for much improvement. Emphasis on political stability and world peace is high on the agenda, a concept that will bring with it refreshed confidence and investment potential for the USA.
Click here to download 'Florida Property Investment Report'.
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This must read guide, with over 20 pages packed full of invaluable advice, real life case studies and up-to-date facts and figures, will provide the astute investor with all the information they need to know before buying a Florida holiday home or investment property. Click here to download your copy.
If you have any questions or would like more information on Florida or our services, please Call: +44 (0) 207 100 2393 or Click here to contact us.