Miami once again positioned itself as the top real estate market in the United States for international buyers, with a strong presence of Latin American capital, according to the latest International Report by MIAMI REALTORS®. The report confirms that the city leads both in transaction volume and in the share of foreign buyers as a percentage of total residential sales.
According to the study, 15% of home purchases in the Miami metropolitan area were made by international buyers during 2025. This figure contrasts sharply with the national average, just around 2%, and Florida’s state average, close to 5%, underscoring the exceptionally global nature of the South Florida market.
Latin America, the Engine of Investment Flow
The report shows that Latin America remains the main source of international demand. Colombia and Argentina topped the ranking of countries of origin for foreign buyers in Miami, followed by Mexico, Brazil, and Venezuela, among others. For these investors, Miami’s real estate market continues to serve as a vehicle for preserving wealth in dollars and an alternative to the macroeconomic volatility in their home countries.
In terms of activity, international buyers acquired more than 5,300 properties in 2025, compared to around 4,000 the previous year. The total amount invested reached $4.4 billion, solidifying Miami as the number one market in the country for foreign residential investment.
Florida is the top destination for international homebuyers in the United States (21% of all sales), according to the 2025 Profile of International Transactions in U.S. Residential Real Estate by the NAR. Florida has been the number one state for foreign homebuyers for the past 17 years.
Approximately half of all international home sales (45%) in Florida take place in Miami, Fort Lauderdale, West Palm Beach, according to the 2025 annual profile by Florida Realtors on international residential real estate activity in the state.
Security, the Dollar, and Long-Term Returns
According to MIAMI REALTORS®, 93% of international buyers identified capital security, the stability of the U.S. legal framework, and Miami’s strategic location as key factors for investing. Florida’s favorable tax environment, with no state income tax, adds to the appeal, along with a market known for high liquidity and sustained demand.
For high-net-worth Latin American investors, Miami real estate also plays a key role in international portfolio diversification, combining potential rental income in dollars, residential use, and protection against country risk.
The report also highlights the growing presence of international buyers in the new development and pre-construction segment, where foreign capital represents a significant share of sales. These types of projects are especially attractive to Latin American investors looking to enter at early stages, with staggered payment plans and potential for asset appreciation before delivery.
Areas with the highest concentration of these transactions include Brickell, Downtown Miami, Edgewater, and Sunny Isles, neighborhoods that combine urban development, international connectivity, and strong structural rental demand.
