Venezuela, Argentina, Colombia, and Brazil are the top countries for consumers purchasing properties within Miami. Being so close to home, Miami is one of the safest places for many foreign investors, or at least for those living in South America. The real estate investment in Miami is very interesting when it comes to foreign investment. Many foreigners prefer to own in central/urban areas where they can vacation or receive higher rates for rental property. Many are also buying properties that are much higher cost than those individuals that live in Miami. Aside from that, most are buying these properties with all cash transactions. This can really price out many individuals that actually live in Miami, especially those middle class individuals. While they might be able to find the financing, you can’t really beat an all cash offer.