Obama’s New Immigration Order May Boost Economy in Miami
Dec 17, 2014 December 17, 2014
Some of the recent executive actions that President Barack Obama enacted are changing a few policies, especially the immigration system, which could increase the real estate development in Miami.
The main executive initiative that is under reivew calls for the modernization and improvement of immigrant programs, which should boost investment and entrepreneurship in the United States.
“Part of the overhaul will expand programs like the EB-5 visa or create similar programs,” Helena Tetzeli, immigration attorney with Kurzban Kurzban Weinger Tetzeli and Pratt in Miami said. Foreigners may receive a visa if they invest $500,000 or more in approved real estate projects and they also create at least 10 jobs.
Developers in South Florida are already utilizing the EB-5 program to bring in funding for new residential and commercial developments.
“Miami is the focus of foreign investment in Latin America and to a certain extent Europe as well,” said David Dabby, real estate consultant with Dabby Group Advisors based out of Coral Gables, “So any [initiative] that brings more foreign investment to Miami is better for our economy.”
Source: therealdeal.com
Photo credit: Lincoln Road - sltrib.com
Share your thoughts with us
Your Miami Condo Awaits
Recent Posts
Quarterly Reports Q1 2024 Luxury Condo Market Summary: Robust Beginning with Sustainable Growth
As predicted, Miami’s luxury housing market is off to a robust start. Q1 2024 numbers reveal that our luxury condo market is performing well, despite the challenges faced by the national housing market. Any claims that predicted a complete market reset post-pandemic have been silenced, too, as sales continue to outpace pre-pandemic levels, prices are at an all-time high, and properties are being sold within two to three months of being listed. With high season kicking in at the end of the first quarter and the strongest quarter of the year around the corner (historically Q2), we are excited to see how market enthusiasm unfolds in 2024. As luxury real estate experts, we forecast a moderate increase in prices as a widening demographic of buyers seeks luxury and ultra-luxury condo options along our sunny shores, resulting in sustainable growth. The take-away? Overall, Miami’s luxury condo market shows signs of a new normal and of great health and stability. With steady sales, prices...
Preconstruction The Residences at Mandarin Oriental Video: Brickell Key’s Ultimate Island Sanctuary
Join us to explore the 5-star luxuries, 360-degree water views, and meticulous curations that will make The Residences at Mandarin Oriental one of Miami’s most exclusive and sought-after island addresses. Sep Niakan, founder and lead broker of Blackbook Properties, talks to Adrian Gonzalez and special guest Maile Aquila, Senior Vice President of Sales at Swire Properties, about how this 64-story tower is poised to become a global icon for luxurious island living. — Come and Live on an Island-Within-an-Island With its prime corner location within the Brickell Key island, two floors of resort amenities, and exclusive access to the Mandarin Oriental flagship hotel’s storied hospitality, this collection of 228 waterfront homes will offer an unparalleled lifestyle just minutes from Miami’s financial hub. In addition to its skyline-defining architecture by New York’s renowned Kohn Pedersen Fox Associates, interiors at these sprawling residences will be curated by A-List Parisian...
Preconstruction Best Pre-Construction Miami Condos with Private Marinas
Miami stands out as an internationally acclaimed haven for boat owners. It offers vast stretches of pristine turquoise waters, ideal for unforgettable days of sailing, cruising, sport fishing, and nautical adventure. And one of the most coveted treasures of living in Miami is the opportunity to dock your vessel at your own private marina or boat slip, just steps from your residence. However, many existing Miami condos with a boat slip for sale are often in older buildings, making them not as desirable as a brand-new, pre-construction condo, where you would be the first to live in a new, luxurious waterfront condo building. So we’ve done your homework for you, and in this guide, we’ve created a list of the best pre-construction Miami condos with private marinas. — What to Know About Mooring Your Boat in Miami Although boating in Miami is a highly popular activity, securing a spot for your boat can be challenging, inconvenient, and lack exclusivity. Depending on your vessel’s...
Real Estate News The Most Luxurious Condo Buildings in Coconut Grove
Coconut Grove is not just about rich foliage, Florida bungalows, and old Spanish or Mediterranean estates. It’s also home to a growing number of thoughtfully designed luxury residences crafted by world-renowned architects. For a taste of this historic neighborhood and its plush properties, we’ve listed the five most luxurious (and most expensive) projects that perfectly fit your Coconut Grove condo for sale search goals, plus exciting pre-construction condo projects around the area that set the bar high for phenomenal living in this elegant and highly desirable bayfront part of Miami. — Why Choose Coconut Grove? The partly coastal neighborhood of Coconut Grove sits along Biscayne Bay and is characterized by lush, tropical foliage and a relaxed yet sophisticated bohemian vibe. Its collection of boutiques, unique shops, colorful cafés, diverse restaurants, historical venues and estates, nationally ranked schools, lush parks, and cultural events like the Coconut Grove Arts...
Preconstruction March 2024: Miami New Development and Pre-Construction Condo Update
Four iconic condo projects launched sales this March. From Miami’s first rock and roll-themed Rider at Wynwood to Coconut Grove’s exclusive Four Seasons Residences, every condo project has been curated to offer a unique lifestyle in Miami’s evolving residential landscape. This March, hypercar maker Pagani announced its first-ever residential venture in partnership with Riviera Horizons. Four highly anticipated projects broke ground, including 600 Miami Worldcenter, JEM Private Residences, and Origin by Artefacto. And a key ruling that could impact condo bulk buyouts across South Florida was also revealed. Read on below for details on these and more exciting updates in our Miami pre-construction market roundup for March 2024: Sales Launched Four Seasons Private Residences – Coconut Grove The Rider at Wynwood – Wynwood La Maré Bay Collection – Bay Harbor Islands Solina Bay Harbor – Bay Harbor Islands To Be Launched Pagani Residences – North Bay Village One Twenty Brickell –...
Real Estate News Save on Your Miami & Florida Property Taxes with This Video!
Did you know that property taxes can’t ever increase more than 10% for investors in Florida? Information nuggets like this can easily shave thousands of dollars off your property tax bill in South Florida! In our latest video, Sep Niakan, founder and lead broker of Blackbook Properties, talks to CPA and Miami tax expert, Christian Daulong about the simplest ways to save money on your real estate taxes in Miami, Florida. There’s a lot to take away from this, so permanent residents, second homeowners, and investors, take note! As a Miami homeowner, we want what’s best for YOU! That's why we’re sharing our top Florida property tax tips (try saying that fast!) for primary homeowners, second homeowners, and even investors. With these recommendations, you’ll make the most out of your South Florida property, so you can fully immerse in Miami’s vibrant culture and beautiful beaches smartly and with financial peace of mind. Learn how to maximize your benefits from the Homestead...
(305) 697-7667
(786) 321-7233 
contact@condoblackbook.com
