Why do Russian people choose luxury condos and exquisite homes in Miami?

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We have noticed that a lot of Russian-speaking clients are looking for a vacation property and second home as well as permanent residence in Miami. Why? There are many reasons for this.

No doubt, Miami is counted to be an ideal place to buy luxury real estate because:

1. There is first class service in America. You can feel safe here. Your rights and interests are protected by law (even if you are a non-resident of the United States).

2. It is a heavenly place. The best beaches in the world are waiting for you all year round. If you want to find the most favorable climate for life, you’ll find it here.

3. Miami has changed a lot over the last 20 years ago. Today it is not just a resort. We are speaking about a major, fast-growing cultural and business center in the United States. Its infrastructure is developing rapidly. New offices are being opened; new houses are being built.

Do you understand now why people from all over the world want to buy luxury condos and homes in Miami?

More and more wealthy people prefer to buy real estate here. Russian-speaking clients choose Miami either as a residence for the winter period, or with the desire to move to live in the United States, or as an investment of its capital in the most reliable and promising economy and currency in the world.

Russian speakers choose Miami

After Donald trump’s accession to the presidency of the United States, the number of Russian-speaking buyers of real estate in Miami has increased dramatically. For the first time for many years our compatriots headed the list which is conducted since 2013.

Do you know who buys real estate in Miami actively? Right, the people of Russia.

If you look at the list of buyers who has made the most requests, you’ll be surprised:

1. Russia

2. Colombia

3. Venezuela

4. Argentina

5. Canada

As you can see, buyers from Russia are in the first place.

The representatives of the former CIS are able to buy property in the United States without any problems. And an increasing number of Russian-speaking buyers chooses Miami. Just imagine, according to analysts, the number of purchased real estate increased by 35% compared to previous periods.

Russian buyers are interested in elite real estate market of Miami. Russians prefer to buy property in such “areas” of Miami as Bal Harbour, Sunny Isles Beach and Fisher island. Of course, Sunny Isles Beach is the most favorite place. Nearly 10% of all purchases in this area are made by our compatriots. This information is confirmed by the population census.

What does it mean?

Miami is considered to be the best place where you can buy property in America for the initial adaptation when moving to the United States or for a long winter vacation on the best beaches of the planet. Because here is one of the largest Russian-speaking community, which can be extremely useful in all emerging issues.

So, if you want to buy luxury condos, homes in Miami, ONE Sotheby’s International Realty can help you. We’ll find many offers of luxury apartments and homes for you.

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