S. Florida and the Latin America Connection

S. Florida and the Latin Connection

My favorite part of the Miami Congress is the presentation that Mike Zellner of Latin Trade does each year. These are the points he made on the above subject:

1) Political instability in Latin America leads to Miami Immigration. It is always apparent which countries are having problems. They come to Miami. They don’t usually stay. When things get better they go home.
2) The weakening dollar is increasing shopping.
3) The economies of the developing countries are not slowing as much as those of the developed countries because of strong internal growth.
4) Bad service in the Port of Miami is forcing trade North.
5) The governments in most of Latin America are more competent than the governments in South Florida.

Mike showed a chart showing the number of International headquarters in different Latin cities. Sao Paulo was 1st with over 200. Mexico City was second and Miami was 3rd. I am requesting a copy of his presentation and I will share the numbers with you when I get them. Dr. Lawrence Yun, The NAR economist speaks next. I will give you a summary of his presentation in the next blog.


David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com