In recent years, International real estate investments have increased dramatically in the United States.
One of the more popular areas for buyers of the UK, Germany, Canada, and even Asia has been Florida; more specifically, the Tampa Bay area.
The reasons for such a trend are quite evident.
WEAK DOLLAR ATTRACTS INTERNATIONAL REAL ESTATE BUYERS Perhaps the largest reason for such a trend is the strength of the U.
S.
dollar compared to other International currencies.
International real estate purchasers have taken advantage of a relatively weak U.
S.
dollar, effectively getting much more value.
The strength of the euro, the pound, and Canadian dollar has made investing in Tampa Bay real estate very attractive, allowing for International investors to really stretch their money in the U.
S.
's currently tumultuous market.
FOREIGN INVESTORS TAKE ADVANTAGE OF LOWER PRICES Because of the down real-estate market, there are large numbers of properties available at a cost which is significantly less than what buyers would pay for comparable housing in Germany, the United Kingdom, or even Canada.
Another great aspect of investing in the Tampa region is that the state of Florida has no state income tax, again making it a financially sound investment for overseas prospects.
TAMPA FLORIDA FOR INTERNATIONAL INVESTORS For those investors looking for more than just a place to call home, there is a virtual sea of business opportunities present in the Tampa Bay area, as well.
Unfortunately, one never knows when the tables will turn - and for how long these fantastic values will be available to foreign investors.
So as the saying goes, there is no time like the present to invest in Tampa Bay Area Real Estate.
TAMPA FLORIDA ACTIVITIES And after business is taken care of, the Tampa vicinity offers an almost endless choice of leisure activities.
Many of these choices are somewhat unique to the area, allowing for International buyers to experience a different way of life than they would in their home countries.
The Tampa area is located on the warm waters of the Gulf of Mexico and is dotted with freshwater lakes which play home to fisherman and water sports enthusiasts alike.
And the fun can be enjoyed year-round!