International Council of the MIAMI Association of REALTORS



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The MIAMI Association of REALTORS® features a half-page article each week in The Miami Herald –International Edition, promoting MIAMI Members and the South Florida real estate market to affluent consumers in Latin America and Europe.

Miami Realtors to Host International Real Estate Congress

by | Oct 25, 2017

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The MIAMI Association of REALTORS® (MIAMI) will host its 23rd annual International Real Estate Congress on Oct. 29-31 at the Biltmore Hotel in Coral Gables. About 80 foreign delegates from more than 10 countries and hundreds of South Florida Realtors will network, learn and collaborate.

“We are honored to have an expanded presence of our international partners and powerful programming at this year’s MIAMI International Real Estate Congress,” said Coral Gables Realtor Christopher Zoller, the 2017 MIAMI chairman of the board. “This is the South Florida international real estate event of the year.”

●What: MIAMI International Real Estate Congress 
●Who: Hundreds of real estate professionals from around the world 
●When & Where: Oct. 29-31 in Miami – Biltmore Hotel Coral Gables 

NAR VP of Research to Present Local and National Market Information 
National Association of REALTORS® (NAR) Vice President of Research Paul Bishop will headline the 2017 MIAMI Congress. Bishop is presenting “Markets to Target for Foreign Investment & International Buyer and Economic Update." The Miami-Dade Beacon Council CEO Mike Finney will address economic development in Miami and why we attract global business enterprises.

Featured programming includes MIAMI CEO Teresa King Kinney revealing initial findings from the latest Miami Profile of International Buyers, a survey conducted for MIAMI by NAR. The presentation will include key statistics and trends on the top foreign countries purchasing Miami real estate.

The Keyes Company President and CEO Mike Pappas, EWM Realty International President and CEO Ron Shuffield, Douglas Elliman CEO Jay Philip Parker and other nationally-regarded speakers will also present. For more information including agenda and other details, visit: 

More than 10 Foreign Countries to Participate
Argentina, Brazil, Canada, Colombia, Ecuador, Dubai (UAE), France, Italy, Mexico, Serbia, Spain and Tunisia will be represented with delegates at the 2017 MIAMI Congress.

Participants will enjoy nightly gala receptions, attend special international market briefings featuring several countries on Sunday, Oct. 29, and engage in marketing sessions to capitalize on the presence of MIAMI’s esteemed partners. MIAMI has official partnerships with 164 international organizations worldwide.

To register: visit

Attracting Foreign Investment
In addition to Miami’s glamorous locale and all-year sunny weather, South Florida’s unique multiculturalism, growing jobs sector and startup business culture attract global investors and home buyers.

Miami is the most international city in the U.S. About 51.3 percent of Miami residents are foreign born and the Miami-Dade County population speaks 100 languages. Miami’s concentration of foreign-born residents is more than 2 ½ times the national average of 19.4 percent, according to the U.S. Census.

Once reliant on just tourism and real estate, Miami has diversified its economy to become one of the world’s top business hubs. Personal finance website Wallet Hub recently ranked Miami as the second-fastest growing economy among large U.S. cities, according to data from 2010 to 2014. Miami also finished No. 1 in full-time jobs increase; No. 1 in working-age population growth; No. 6 in poverty-rate decrease; No. 7 in business growth; and No. 10 for median household income growth.

Miami’s technology hub is being led and supported by a strong ecosystem. Organizations such as eMerge Americas, the Idea Center and Venture Hive provide resources to incoming software, technology and IT entrepreneurs. The results are impressive, according to Endeavor Miami. In 2014, Miami-based startups attracted about $49.4 million in venture funding.

Top Market for the Wealthy
Miami offers ultra-high-net-worth individuals the ability to purchase a luxurious home with access to superior schools and shopping opportunities akin to London. In addition to South Florida’s weather and beaches, the world’s elite like Miami for its developing art scene. The Art Basel show draws the world’s top collectors, and the Wynwood neighborhood has gained national and global attention for its trendy local art. The Adrienne Arsht Center for the Performing Arts and a waterfront art museum opened recently in Miami. A new science museum will open next year.

The lack of a state income tax also leads U.S. citizens, particularly those living in the colder climates in the Northeast, to establish residency here. The affluent from high tax states like New York and Connecticut can afford to purchase more expensive homes in Miami because of the tax structure.

Global Investment Reshaping Miami
Miami’s ability to attract global investment is not just seen in its robust real estate, population and start-up companies. It can be seen in its booming retail.

From Brickell City Centre to the $1.7 billion planned mixed-use development Miami Worldcenter to proposed renovations at Sunset Place Shops and CocoWalk. Miami’s strong tourism and local demographics are making South Florida a top investment draw.

As a center for global investment and a major destination for international home buyers, South Florida is well positioned to continue growing as a world-class global region.

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