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International buyers still love Miami – especially these 7 countries

by James McClister

miami-trulia-international-foreign-homebuyer-top-destination

Miami is one of the world’s premier international hubs. As a testament to the city’s international appeal, a Trulia analysis of home searches by foreign buyers found that of the 16 countries looking for U.S. homes reviewed, nearly half chose Miami as a top destination.

The listing portal used search data from Feb. to April 2016 to determine where international buyers were hoping to find a first or second home. Of the origin countries mentioned in Trulia’s report, Miami was a top 5 destination for seven separate countries, and the top destination for three – France, Italy and Venezuela.

Of the 35 U.S. markets mentioned among all top destinations, only Los Angeles was represented more than Miami, with eight countries selecting the city as a top destination.

See how Miami performed below:

Ranking Country Miami’s rank as a top destination
1 Canada
2 United Kingdom 4
3 Germany
4 Brazil 2
5 Australia
6 Mexico 5
7 India
8 France 1
9 Japan
10 Italy 1
n/a China*
n/a Iraq* 4
n/a Morocco*
n/a Syria*
n/a Venezuela* 1
n/a Yemen*
*specially selected by Trulia

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