Miami is transforming into a global real estate superstar, and the newest source of heat is due to a rapid surge of foreign investment from Asia. This unprecedented boom is directly tied to attractive new U.S. residency incentives that global investors can’t seem to ignore. Recent data shows a major global shift towards Asian cities dominating the search rankings for Miami real estate. China’s tech hub, Shenzhen, topped the list of interested cities, closely followed by Singapore.
Experts cite the ideal weather, clean environment, and the city’s rapid evolution into a major global FinTech hub as major draws. This combination offers a world-class lifestyle and superior investment potential compared to traditional global finance centers.
A key catalyst is the new U.S. Gold Card program, which offers a path to residency for a $1 million investment. This is dramatically cheaper than similar visa programs elsewhere, such as the $8 million required in Singapore. While a controversial Florida law aimed at foreign buyers is currently in legal limbo, this new incentive is keeping the global appetite for Miami real estate extremely high.
