Friday, February 6, 2015

Your New Neighbors: Brazilians

      Who is that man and where did he get all that money?  These are some of the questions being asked around Miami, FL.   Yes, many moneyed elites are looking at real estate in Miami, Florida, citing the moribund economy and Brazil's high crime rate.  In addition, many claim that the instability of government is also driving them to the US market.   Other locations being looked at include New York, Boston, and Orlando, FL.
      Cristiano Piquet, former race car champion, is now selling real estate in Florida, said he cannot keep up with the demand from Brasilians seeking to move to Florida.   many perceive Florida as a safe bet for their $$$$.   There are about 1 million Brazilian citizens living currently in the USA, of approx. 3 millions living abroad.   many Brazilian ex-pats cite Ms. Roussef"s re-election as the fact that drove their decision to leave.  In Florida alone, about 2-300,000 Brazilians live in the Sunshine State.

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