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The pursuit of the American Dream has captivated the aspirations of countless individuals worldwide, and the key to this is the sought-after Green Card, a symbol of permanent residency that opens doors to endless possibilities in the United States.
The EB-5 Investor Program is a residency-by-investment that emerges as one of the most sought-after pathways to obtaining this Green Card through.
A key Green Card destination
For South Africans eyeing the American horizon, pairing the EB-5 residency-by-investment program with South Florida presents itself as the perfect combination. American Dream, a renowned EB-5 Investor Program specialist has identified South Florida as not only a key investment destination but also a thriving place to settle in. Known for its alluring beaches, vibrant culture, and booming economy, this region is more than just a vacationer’s paradise. It’s your promising gateway to the broader American market.
A world-class place to investment
It is evident through the ISG World’s Miami Annual Report for 2023, that this vibrant Florida metropolis is increasingly taking its rightful place on the world stage. This is reason why you should be sure to take this location into consideration when applying for your EB-5 Investor Program.
The report highlights that for the first time ever, Florida is boasting more jobs than New York, a testament to its robust economy and its evolution into an appealing destination for businesses and professionals. This bustling job market and Miami’s expanding economic scene, are attracting a diverse pool of talent, stimulating even more economic growth and opportunity.
It’s not just the job market that’s thriving in Miami. The entrepreneurial landscape is flourishing too, thanks to the state’s favourable 5.5% tax laws. Despite the Federal tax laws, these regulations have attracted a rush of businesses to Miami and Florida, enriching the economy and creating a fertile ground for start-ups and established companies. This nurturing business environment and the prospect of lower taxes have given rise to a multitude of job prospects, making the notion of scarce opportunities in South Florida a thing of the past. Acquiring your Green Card means these opportunities become accessible to you, whether you’re looking to invest, establish your business, or join a company and work within the state.
Where people go, the business will flourish
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The year 2022 proved to be a landmark year for South Florida, particularly in terms of population growth. The report shows a large influx of new residents, positioning Florida as the fastest-growing state in the USA, outpacing the likes of Texas. With an average daily increase of 1,217 individuals. The increasing popularity of South Florida as an investment destination is evident in the 122 companies that are moving to this region each month, capitalising on its favourable business environment and promising economic growth.
The growth hasn’t been isolated to one area. The report reveals an even split between South Florida and the rest of the state, with each region accounting for 50% of the growth. South Florida alone has been welcoming around 600 new residents per day. Over the course of 2022, this resulted in an increase of approximately 219 000 individuals, reinforcing South Florida’s status as an appealing place to live and work.
Florida as a residential and investment destination
Going through the EB-5 Investor Program, you are open to living, working, studying, and traveling anywhere in America. While South Florida is pitted as a favourable investment location, its increasing population shows that it has also become a sought-after place for families and professionals to reside. Florida fondly referred to as the Sunshine State, has an allure that extends beyond its pristine beaches and clear, sparkling waters.
One of the primary benefits of living in Florida for families is its vibrant, multicultural environment. Its rich blend of cultures from around the world offers an elevated experience, fostering a global perspective in young minds. It’s a place where traditions intertwine, and diverse backgrounds are celebrated.
South Florida is also renowned for its quality education system. With access to some of the nation’s top-ranked public and private schools, your children can benefit from an engaging educational environment that encourages innovation and intellectual curiosity. Universities in Florida are also well-regarded, offering excellent syllabuses across a multitude of disciplines.
In terms of lifestyle, South Florida is simply unrivaled. The region enjoys a tropical climate, offering warmth and sunshine throughout the year, perfect for outdoor activities. From stunning natural parks to exciting theme parks, living in Florida ensures you’re never short of family-friendly recreation options. The region is also known for its booming arts and culture scene, housing numerous museums, art galleries, and theatres.
Growing real estate market
The South Florida region is rich in culture and brimming with potential and is witnessing a dynamic economic surge. Miami, nestled within South Florida, has gained an impressive reputation as one of the top three appreciating property markets in the world.
From the scenic serenity of Fort Lauderdale to the energetic vivacity of West Palm Beach, South Florida provides diverse investment opportunities in real estate. Catering to the varied tastes and aspirations of investors across America and around the globe.
As one of the many offerings within the EB-5 Investor Program, American Dream has identified 1818 Park as a successful opportunity. In the heart of downtown Hollywood, Florida, 1818 Park has been funded by the EB-5 Investor Program, with over 75% of the funding from South Africans. This is one of the most successful Florida developments to date, with 1818 Park construction complete.
It offers a compelling example of what can be achieved through the program, serving both as a testament to its success and an inspiration for prospective investors.
The strategic location of 1818 Park in downtown Hollywood ensures it enjoys a constant demand, evident in its astounding 95% occupancy rate each week. As an investor, this statistic translates into reliable and promising returns, a crucial factor when investing in real estate.
Being part of an established and successful project like 1818 Park places you within a community of investors who have reaped the benefits of the EB-5 program. The high occupancy rates speak volumes about the viability of the location and the quality of life it offers to its residents, promising a favourable return on your investment.
The completion of the 1818 Park construction also brings about a sense of security for investors. It reduces the risks associated with investing in ongoing projects and provides a tangible, thriving investment avenue.
American Dream has actively facilitated over 300 families’ journeys through the EB-5 Investor Program. From the very first consultation, we understand your unique circumstances, aspirations and goals that you want to achieve for you and your family. We leverage our comprehensive knowledge of the economic landscape and market trends to identify strategic locations that align with your investment goals. By carefully selecting these locations, we ensure that you have access to thriving markets, robust job creation potential, and a solid foundation for long-term success. As one of the locations we focus on, South Florida has more to offer you through this dynamic residency-by-investment program.
