Understanding the Brazilian Influx in Florida

 We've already written about how much Brazilians love Florida in other parts of this blog. Facts show it: the Foreign Ministry says that around 300,000 Brazilians live in Florida! Florida is the sunshine state of the United States, and Brazil is known as the "country of the sun." This is one reason why many Brazilians choose to move to Florida. Brazilian businessmen and people looking for a better, more peaceful life are drawn to the south of the state because it is close to Brazil and has a Latin culture that is already well-established. But Florida isn't the only place where Brazilians can find something good. It's also important to know how Brazilians affect the business of South Florida. When these 300,000 Brazilians moved to the area (60% in Miami-Dade, Broward, and Palm Beach counties), they helped South Florida's economy get back on its feet through business growth, tourists, real estate sales, and exports. When it comes to tourism, we are the third most popular foreign visitors to this state, making up 10% of all the tourists who come to Florida. We also spend the second most on things like shopping, tours, hotels, restaurants, and other things.

Brazilians run Miami, Orlando, and tourist parks like they own them

The study, which was paid for by Visit Florida, found that tourism is the state's main business. In 2015, visitors, 84% of whom were there for fun, spent 108.8 billion US dollars, or about $300 million every day. About 24% of the 85 million people who got off the ships in 2016 were from outside of Brazil. That's more than 14 times as many guests as the whole country of Brazil gets. Four million of them are Canadian, 1.7 million are English, and 1.5 million are Brazilian. Along with the other countries, they left about US$25.7 billion in the local banks. Most tourists from their own country stay in the state for four days. Of course, visitors stay for an average of 11 days to cover the cost of their travel and lodging. This means that foreign tourists directly bring in money for the food (20%), trade (14%), pleasure (14%), land transportation (12%), and aviation (10%) sectors. If we look at the money that is made by other industries, like banking, education, agriculture, fishing, fuel, health, wholesale, building, services, manufacturing, communication, and so on, we can't forget about the indirect revenues. Visit Florida paid for a study that found that for every 76 visitors, one new job is created. This means that 1.4 million people work directly or indirectly with tourism, which brings in 50.7 billion dollars. Just in terms of taxes, tourism brings in about $44.4 billion for Florida. That is, if Florida residents didn't get these kinds of taxes from tourists, they would have to pay $1,500 to the government every year to keep providing the same services to citizens. So, Brazilians and the state of Florida need each other to be happy. In terms of trade and jobs, the economic problem that has hit Brazil hard over the past few years has also affected Florida. This is because Brazil is always listed as the state's main trade partner. Florida sold 15.9 billion US dollars worth of goods to Brazil in 2014. These goods included everything from airplane engines and parts to medical and surgery tools. In the height of Brazil's economic boom, the country's wealthiest people met in South Florida's high-end condos near Miami. That year, all the business deals were worth more than $20 billion.

Florida, of course, had to deal with the problems in Brazil

The middle class in Brazil pulled out of the American market when the dollar got too strong and politics became unsure. Brazil fell to fifth place among tourists looking for homes in South Florida. From the end of 2014 to the end of last year, Brazil was at the top of this list. Even though the country is going through a political and economic crisis, Brazilians are still coming back to Florida. They are doing this to invest in real estate and make money, but they also want to become permanent residents of the country. Brazilians can get an EB-5 visa if they spend at least US$500,000. This gives them conditional permanent residency for two years.

Because of this, Brazilians want to invest in everything from gas shops to high-end condos. In the U.S., commercial real estate and hotels have also become popular choices because they offer a steady flow of income. Brazilians need Florida, and Florida needs Brazilians who want to diversify their businesses, feel safe, and make some good money in dollars. We at Florida Connexion are here to help you get where you want to go and get past any problems that come up. In the 1960s, the first records of Brazilians coming to the United States were made public. But around the middle of the 1980s, when hyperinflation caused the economy in Brazil to get much worse at the end of the military regime, Brazilians started to leave for the United States. More people are united. Brazil is known for its sun and sea, warmth, happiness, music, and beautiful people. It makes sense that Florida would be a great place for Brazilians to move to. It is called the "State of the Sun" or "The Sunshine State" in the US. Latin culture is deeply rooted in this state, and South Florida is close to Brazil. The warm weather and safe American economy have also made Brazilians fall in love with the area. And the other way around, too, since Brazilians play a big role in the economy through exports, real estate, business growth, and tourism.

The Foreign Ministry says that Florida is home to about a third of the Brazilians who live in the United States

And the Miami-Dade, Broward, and Palm Beach areas are home to 60% of the Brazilians who live in Florida. The Brazilian communities in these towns are lively, and they have made a big difference in the food and culture of the area. In times of political and economic unrest, Brazilians who used to visit Orlando and Miami for their shops and theme parks have decided to stay. In the past, many Brazilians were underemployed. Now, many come to invest or settle down forever in search of peace and safety. They put money into everything, from sports teams to gas stations. There is a strong Brazilian influence in Orlando, especially on International Drive, which is home to many bakeries, restaurants, hair salons, markets, and a new Bank of Brazil branch. Orlando City Hall says that there are about 30,000 Brazilians living in the city. It all began when Brazilians became the biggest group of foreign tourists in Orlando and shops began to hire people who spoke Portuguese. As time went on, refugees who had saved some money began to open their own businesses.