Despite the Trump administration’s crackdown on immigration, Latin American investors remain bullish on South Florida, according to developer Edgardo Defortuna and brokerage head Craig Studnicky.
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Developer Edgardo Defortuna and brokerage head Craig Studnicky said the foreign buyers they work with have not been deterred by the Trump administration’s crackdown on immigration.
“They already have their visa, their status or they already own property here, and they’re trying to [purchase] something better, bigger,” Defortuna, CEO of Miami-based Fortune International Group, said at The Real Deal’s Miami Real Estate Forum on Thursday.
But he said the shutdown has stalled anyone needing clearance from the consulate.
Foreign buyers are still very active in South Florida, both panelists said. Mexicans and Brazilians are leading in higher-priced purchases, while Colombians are the top buyers for investment properties in the $1 million to $2.5 million range.
Studnicky, co-founder and CEO of Aventura-based ISG World and RelatedISG Realty, said Latin Americans are increasingly looking at Broward County, specifically Hollywood, Fort Lauderdale and Pompano Beach.
The buyer pool has shifted compared to before the pandemic, from 65 to 70 percent foreign buyers and 30 to 35 percent domestic buyers, to the opposite, Defortuna said.
Also a big factor that is happening today is that most of the Latin American currencies have appreciated versus the dollar, which is very, very unusual,” he added. “Typically, the Latin American currencies lose value versus the dollar. In the last six months, pretty much all the currencies in Latin America have appreciated versus the dollar, and that makes it very attractive for them, because they know that it’s temporary, and they know that they should act now, because it’s not going to last.”
Domestic buyers have dominated the resale market, versus foreign buyers who are more attracted to new developments.
“These buildings take a long time to build, and when they’re moving here in the next year or two, [U.S. buyers] simply cannot wait,” Studnicky said.
Foreigners are also doubling down on South Florida real estate as private equity investors in new developments. Defortuna said he used to raise money for projects via hedge funds or New York-based real estate funds.
Part of the latest rush is through EB-5 approved projects, Defortuna said. Under the federal program, investors and their families receive visas for financing a development that creates a minimum number of U.S. jobs.
“Demand has been incredible,” Defortuna said. “Before, EB-5 used to be mainly Chinese or the Far East, but now the Latin American buyer really understands the process.”
The speakers also touched on the effect that Zohran Mamdani’s victory in the New York mayoral race could have on South Florida real estate. While many Florida real estate agents and brokers predict a mass exodus, others are more measured about what to expect.
“I’m not going to uproot my life, my business, my friends, my family, my kids in school, when they have all their friends, because of some 34-year-old kid, without giving New York City a chance to punch back,” Studnicky said. “New York’s got a spine. I’ve heard a lot of people say we’re going to get this huge wave of people from New York, and I think the comparable in their heads or in their hearts is what happened five years ago during Covid. Slow down. You’re going to get a bump. But I think you’re exaggerating the bump.”
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!important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background: var(–wp–preset–gradient–luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background: var(–wp–preset–gradient–very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background: var(–wp–preset–gradient–cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background: var(–wp–preset–gradient–blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background: var(–wp–preset–gradient–blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background: var(–wp–preset–gradient–luminous-dusk) !important;}.has-pale-ocean-gradient-background{background: var(–wp–preset–gradient–pale-ocean) !important;}.has-electric-grass-gradient-background{background: var(–wp–preset–gradient–electric-grass) !important;}.has-midnight-gradient-background{background: var(–wp–preset–gradient–midnight) !important;}.has-small-font-size{font-size: var(–wp–preset–font-size–small) !important;}.has-medium-font-size{font-size: var(–wp–preset–font-size–medium) !important;}.has-large-font-size{font-size: var(–wp–preset–font-size–large) !important;}.has-x-large-font-size{font-size: var(–wp–preset–font-size–x-large) !important;}”,”type”:”list”,”__typename”:”StyleItem”}],”post”:{“id”:”cG9zdDo5OTk0NTQ=”,”databaseId”:999454,”title”:”Mexico, Brazil and Colombia top foreign buyers in South Florida, but US demand still rules”,”status”:”publish”,”slug”:”latin-american-investors-still-bullish-on-south-florida”,”uri”:”/miami/2025/11/07/latin-american-investors-still-bullish-on-south-florida/”,”link”:”https://therealdeal.com/miami/2025/11/07/latin-american-investors-still-bullish-on-south-florida/”,”dateGmt”:”2025-11-07T20:33:42″,”contentTypeName”:”post”,”contentFiltered”:”u003cpu003eDeveloper Edgardo Defortuna and brokerage head Craig Studnicky said the foreign buyers they work with have not been deterred by the Trump administration’s crackdown on immigration.u0026nbsp;u003c/pu003enu003cpu003e“They already have their visa, their status or they already own property here, and theyu0026#8217;re trying to [purchase] something better, bigger,” u003ca href=”/magazine/march-2024/south-floridas-condo-whisperer/”u003eDefortunau003c/au003e, CEO of Miami-based Fortune International Group, said at u003cemu003eThe Real Dealu003c/emu003e’s Miami Real Estate Forum on Thursday.u0026nbsp;u003c/pu003enu003cpu003eBut he said the shutdown has stalled anyone needing clearance from the consulate.u003c/pu003enu003cpu003eForeign buyers u003ca href=”/miami/2025/11/04/south-fla-foreign-buyer-mix-shifts-as-canadians-demand-falls/”u003eare still very activeu003c/au003e in South Florida, both panelists said. Mexicans and Brazilians are leading in higher-priced purchases, while u003ca href=”/miami/2025/08/03/foreign-buyers-still-prevalent-in-miamis-new-condo-market/”u003eColombiansu003c/au003e are the top buyers for investment properties in the $1 million to $2.5 million range.u0026nbsp;u003c/pu003enu003cpu003eStudnicky, co-founder and CEO of Aventura-based ISG World and RelatedISG Realty, said Latin Americans are increasingly looking at Broward County, specifically Hollywood, Fort Lauderdale and Pompano Beach.u0026nbsp;u003c/pu003enu003csection id=”trd-gallery-block_5a1537a44839b3b49ad202439096948e” class=”trd-gallery”u003eu003cdiv class=”trd-gallery-slides”u003eu003cfigure class=”wp-block-image size-full”u003eu003cimg loading=”lazy” decoding=”async” width=”1500″ height=”1000″ src=”https://static.therealdeal.com/wp-content/uploads/2025/11/Studnicky_MIA-Panel_11.7.jpg” alt=”ISG WORLD u0026amp; RelatedISG Realty’s Craig Studnicky” class=”wp-image-999485″ srcset=”https://static.therealdeal.com/wp-content/uploads/2025/11/Studnicky_MIA-Panel_11.7.jpg 1500w, https://static.therealdeal.com/wp-content/uploads/2025/11/Studnicky_MIA-Panel_11.7-300×200.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/Studnicky_MIA-Panel_11.7-700×467.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/Studnicky_MIA-Panel_11.7-200×133.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/Studnicky_MIA-Panel_11.7-768×512.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/Studnicky_MIA-Panel_11.7-1024×683.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/Studnicky_MIA-Panel_11.7-1400×933.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/Studnicky_MIA-Panel_11.7-50×33.jpg 50w” sizes=”auto, (max-width: 1500px) 100vw, 1500px” /u003eu003cfigcaption class=”wp-element-caption”u003eISG WORLD u0026#038; RelatedISG Realtyu0026#8217;s Craig Studnicky (Photos By Alive Coverage)u003c/figcaptionu003eu003c/figureu003eu003cfigure class=”wp-block-image size-full”u003eu003cimg loading=”lazy” decoding=”async” width=”1500″ height=”1000″ src=”https://static.therealdeal.com/wp-content/uploads/2025/11/Cordle_MIA-Panel_11.7.jpg” alt=”TRD’s Ina Cordle” class=”wp-image-999484″ srcset=”https://static.therealdeal.com/wp-content/uploads/2025/11/Cordle_MIA-Panel_11.7.jpg 1500w, https://static.therealdeal.com/wp-content/uploads/2025/11/Cordle_MIA-Panel_11.7-300×200.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/Cordle_MIA-Panel_11.7-700×467.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/Cordle_MIA-Panel_11.7-200×133.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/Cordle_MIA-Panel_11.7-768×512.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/Cordle_MIA-Panel_11.7-1024×683.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/Cordle_MIA-Panel_11.7-1400×933.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/Cordle_MIA-Panel_11.7-50×33.jpg 50w” sizes=”auto, (max-width: 1500px) 100vw, 1500px” /u003eu003cfigcaption class=”wp-element-caption”u003eTRDu0026#8217;s Ina Cordle (Photos By Alive Coverage)u003c/figcaptionu003eu003c/figureu003eu003cfigure class=”wp-block-image size-full”u003eu003cimg loading=”lazy” decoding=”async” width=”1500″ height=”1000″ src=”https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7.jpg” alt=”Fortune International Group’s Edgardo Defortuna” class=”wp-image-999486″ srcset=”https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7.jpg 1500w, https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7-300×200.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7-700×467.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7-200×133.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7-768×512.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7-1024×683.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7-1400×933.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7-50×33.jpg 50w” sizes=”auto, (max-width: 1500px) 100vw, 1500px” /u003eu003cfigcaption class=”wp-element-caption”u003eFortune International Groupu0026#8217;s Edgardo Defortuna (Photos By Alive Coverage)u003c/figcaptionu003eu003c/figureu003eu003cfigure class=”wp-block-image size-full”u003eu003cimg loading=”lazy” decoding=”async” width=”1500″ height=”1000″ src=”https://static.therealdeal.com/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7.jpg” alt=”TRD’s Ina Cordle, Fortune International Group’s Edgardo Defortuna and ISG WORLD u0026amp; RelatedISG Realty’s Craig Studnicky” class=”wp-image-999483″ srcset=”https://static.therealdeal.com/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7.jpg 1500w, https://static.therealdeal.com/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-300×200.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-700×467.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-200×133.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-768×512.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-1024×683.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-1400×933.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-50×33.jpg 50w” sizes=”auto, (max-width: 1500px) 100vw, 1500px” /u003eu003cfigcaption class=”wp-element-caption”u003eTRDu0026#8217;s Ina Cordle, Fortune International Groupu0026#8217;s Edgardo Defortuna and ISG WORLD u0026#038; RelatedISG Realtyu0026#8217;s Craig Studnicky (Photos By Alive Coverage)u003c/figcaptionu003eu003c/figureu003eu003c/divu003eu003c/sectionu003eu003cpu003eThe u003ca href=”/magazine/september-2025/in-miamis-condo-market-the-pitch-to-foreign-buyers-picks-up/”u003ebuyer poolu003c/au003e has shifted compared to before the pandemic, from 65 to 70 percent foreign buyers and 30 to 35 percent domestic buyers, to the opposite, Defortuna said.u0026nbsp;u003c/pu003enu003cpu003eAlso a big factor that is happening today is that most of the Latin American currencies have appreciated versus the dollar, which is very, very unusual,” he added. “Typically, the Latin American currencies lose value versus the dollar. In the last six months, pretty much all the currencies in Latin America have appreciated versus the dollar, and that makes it very attractive for them, because they know that itu0026#8217;s temporary, and they know that they should act now, because itu0026#8217;s not going to last.”u0026nbsp;u003c/pu003enu003cpu003eDomestic buyers have dominated the resale market, versus foreign buyers who are more attracted to new developments.u0026nbsp;u003c/pu003enu003cpu003e“These buildings take a long time to build, and when theyu0026#8217;re moving here in the next year or two, [U.S. buyers] simply cannot wait,” Studnicky said.u003c/pu003enu003cpu003eForeigners are also doubling down on South Florida real estate as private equity investors in new developments. Defortuna said he used to raise money for projects via hedge funds or New York-based real estate funds.u0026nbsp;u003c/pu003enu003cpu003ePart of the u003ca href=”/magazine/november-2025/free-money/”u003elatest rush is through EB-5u003c/au003e approved projects, Defortuna said. Under the federal program, investors and their families receive visas for financing a development that creates a minimum number of U.S. jobs.u0026nbsp;u003c/pu003enu003cpu003e“Demand has been incredible,” Defortuna said. “Before, EB-5 used to be mainly Chinese or the Far East, but now the Latin American buyer really understands the process.”u0026nbsp;u003c/pu003enu003cpu003eThe speakers also touched on the effect that Zohran Mamdani’s victory in the New York mayoral race could have on South Florida real estate. While many Florida real estate agents and brokers predict a mass exodus, others are more measured about what to expect.u0026nbsp;u003c/pu003enu003cpu003e“Iu0026#8217;m not going to uproot my life, my business, my friends, my family, my kids in school, when they have all their friends, because of some 34-year-old kid, without giving New York City a chance to punch back,” Studnicky said. “New Yorku0026#8217;s got a spine. Iu0026#8217;ve heard a lot of people say weu0026#8217;re going to get this huge wave of people from New York, and I think the comparable in their heads or in their hearts is what happened five years ago during Covid. Slow down. Youu0026#8217;re going to get a bump. But I think youu0026#8217;re exaggerating the bump.” u003c/pu003enu003csection class=”ReadMoreSection_root”u003entu003ch4 class=”ReadMoreSection_title”u003eRead moreu003c/h4u003enttttttttu003ca class=”BlogrollPost” href=”/miami/2025/11/04/south-fla-foreign-buyer-mix-shifts-as-canadians-demand-falls/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”200″ height=”133″ src=”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Foreign-Buyers-Feature-1-200×133.jpg” class=”FeaturedImage_image wp-post-image” alt=”Colombian President Gustavo Petro, United States President Donald Trump, Canadian Prime Minister Mark Carney, and Argentina’s President Javier Milei (Getty)” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttResidentialttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eSouth Florida’s foreign buyer mix shifts, as Canadian demand falls u003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttttu003ca class=”BlogrollPost” href=”/magazine/november-2025/free-money/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”200″ height=”133″ src=”https://static.therealdeal.com/wp-content/uploads/2025/11/EB-5-Program-200×133.jpg” class=”FeaturedImage_image wp-post-image” alt=”” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttu003cdiv class=”MarketSectorLabel_sectorLabel”u003entttttttttDevelopmentttttttttu003c/divu003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eTime is running out for South Florida developers to cash in on EB-5u003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttttu003ca class=”BlogrollPost” href=”/magazine/september-2025/in-miamis-condo-market-the-pitch-to-foreign-buyers-picks-up/”u003enttttu003carticle class=”BlogrollPost_container”u003entttttu003cfigure class=”BlogrollPost_image FeaturedImage”u003entttttttttttttu003cimg decoding=”async” width=”200″ height=”150″ src=”https://static.therealdeal.com/wp-content/uploads/2025/09/1-Miami-Developers-Court-Foreign-Buyers-Amid-US-Slowdown-200×150.jpg” class=”FeaturedImage_image wp-post-image” alt=”” loading=”lazy” /u003etttttttttttu003c/figureu003entttttu003cdiv class=”BlogrollPost_content”u003enttttttu003cdiv class=”BlogrollPost_heading”u003entttttttu003cdiv class=”MarketSectorLabel_categoryCityLabelWrapper”u003enttttttttttttttttttttttttu003cdiv class=”MarketSectorLabel_marketLabel”u003entttttttttSouth Floridattttttttu003c/divu003entttttttttttttttu003c/divu003enttttttu003c/divu003enttttttu003cdiv class=”BlogrollPost_title”u003eMiami developers hunt for condo buyers from London to Latin Americau003c/divu003entttttu003c/divu003enttttu003c/articleu003entttu003c/au003enttttu003c/sectionu003enntt”,”noAds”:false,”alternativeHeadline”:{“subheadline”:”Latin Americans are also shifting their capital moves into the US via EB-5, private equity, panelists said at The Real Deal Miami Real Estate Forum”,”__typename”:”AlternativeHeadline”},”updatedPost”:{“updated”:false,”date”:”2025-11-07T20:44:00+00:00″,”__typename”:”UpdatedPost”},”aiSummary”:{“summary”:”u003cpu003eu003c!– wp:list –u003eu003c/pu003ernu003cul class=”wp-block-list”u003eu003c!– wp:list-item –u003ernu003cliu003eMiami remains a major draw for international buyers, especially those from Latin America (with Mexico, Brazil, and Colombia being key markets), but the overall buyer pool has significantly shifted, with domestic buyers now making up the majority post-pandemic.u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eThe recent appreciation of Latin American currencies against the U.S. dollar has created a temporary window, making South Florida real estate more accessible and attractive to international investors.u003c/liu003ernu003c!– /wp:list-item –u003ernrnu003c!– wp:list-item –u003ernu003cliu003eForeign investment is increasingly flowing through formal channels like the EB-5 program (with Latin Americans replacing the Far East as primary participants) and through private equity participation in new condo developments.u003c/liu003ernu003c!– /wp:list-item –u003eu003c/ulu003ernu003cpu003eu003c!– /wp:list –u003eu003c/pu003e”,”reviewed”:true,”disabled”:false,”autoGenerate”:false,”__typename”:”AISummary”},”audioArticleSettings”:{“audioUrl”:”https://eleven-public-cdn.elevenlabs.io/audio-native/a24c95b71e45d877e2798ceb32ef0ff8b1d79dced18bffc58f5b3a0c6e8468ac/OdeK0d96ZhGiurvqWlrr/OdeK0d96ZhGiurvqWlrr.mp3″,”__typename”:”AudioArticleSettings”},”mainArt”:{“mediaType”:”image”,”image”:{“node”:{“sourceUrl”:”/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-1400×933.jpg”,”srcSet”:”/wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-1400×933.jpg 1400w, /wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-300×200.jpg 300w, /wp-content/uploads/2025/11/Foreign-Investors_MIA-Panel_11.7-700×467.jpg 700w, 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/u003enu003clink rel=”canonical” href=”https://therealdeal.com/miami/2025/11/07/latin-american-investors-still-bullish-on-south-florida/” /u003enu003cmeta property=”og:locale” content=”en_US” /u003enu003cmeta property=”og:type” content=”article” /u003enu003cmeta property=”og:title” content=”Mexico, Brazil and Colombia top foreign buyers in South Florida, but US demand still rules” /u003enu003cmeta property=”og:description” content=”Foreign buyers, especially from Brazil, Mexico and Colombia, are still flocking to South Florida.” /u003enu003cmeta property=”og:url” content=”https://therealdeal.com/miami/2025/11/07/latin-american-investors-still-bullish-on-south-florida/” /u003enu003cmeta property=”og:site_name” content=”The Real Deal” /u003enu003cmeta property=”article:publisher” content=”https://www.facebook.com/therealdealmedia/” /u003enu003cmeta property=”article:published_time” content=”2025-11-07T20:33:42+00:00″ /u003enu003cmeta property=”article:modified_time” content=”2025-11-07T20:34:05+00:00″ /u003enu003cmeta property=”og:image” content=”https://static.therealdeal.com/wp-content/uploads/2025/11/DeFortuna_MIA-Panel_11.7.jpg” /u003entu003cmeta property=”og:image:width” content=”1500″ /u003entu003cmeta property=”og:image:height” content=”1000″ /u003entu003cmeta property=”og:image:type” content=”image/jpeg” /u003enu003cmeta name=”author” content=”Katherine Kallergis” /u003enu003cmeta name=”twitter:card” content=”summary_large_image” /u003enu003cmeta name=”twitter:description” content=”Developer Edgardo Defortuna and brokerage head Craig Studnicky said the foreign buyers they work with have not been deterred by the Trump administration’s crackdown on immigration.u0026nbsp; “They already have their visa, their status or they already own property here, and theyu0026#8217;re trying to [purchase] something better, bigger,” Defortuna, CEO of Miami-based Fortune International Group, said at The Real Deal’s Miami Real Estate Forum on Thursday.u0026nbsp; But he said the shutdown has stalled anyone needing clearance from the consulate. Foreign buyers are still very active in South Florida, both panelists said. Mexicans and Brazilians are leading in higher-priced purchases, while Colombians [u0026hellip;]” /u003enu003cmeta name=”twitter:creator” content=”@trdny” /u003enu003cmeta name=”twitter:site” content=”@trdny” /u003enu003cmeta name=”twitter:label1″ content=”Written by” /u003entu003cmeta name=”twitter:data1″ content=”Steven Dilakian” /u003entu003cmeta name=”twitter:label2″ content=”Est. reading time” /u003entu003cmeta name=”twitter:data2″ content=”4 minutes” /u003enu003cscript type=”application/ld+json” class=”yoast-schema-graph”u003e{“@context”:”https://schema.org”,”@graph”:[{“@type”:”NewsArticle”,”@id”:”https://therealdeal.com/miami/2025/11/07/latin-american-investors-still-bullish-on-south-florida/#article”,”isPartOf”:{“@id”:”https://therealdeal.com/miami/2025/11/07/latin-american-investors-still-bullish-on-south-florida/”},”author”:[{“@type”:”Person”,”@id”:”https://therealdeal.com/#/schema/person/2ec87f8cf2214bd77d8b7913c476cf43″,”name”:”Katherine Kallergis”,”image”:{“@type”:”ImageObject”,”url”:”https://secure.gravatar.com/avatar/c2c25fd6c44919923b90a57ca205e61f043ea5fe246acf98f17af994b2103337?s=96u0026#038;d=mmu0026#038;r=g”},”description”:”Katherine Kallergis is residential bureau chief and a senior reporter at The Real Deal. 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Miami market relevance
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Mexicans and Brazilians are leading the way in higher-priced purchases, while Colombians are the top buyers for investment properties in the $1 million to $2.5 million range.
FAQ: Latin American Investors Still
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