In 2008, international buyers in Florida represented approximately 30 percent of existing home purchases and 32 percent of new and existing homes. According to Florida REALTORS, Canada had the largest amount of buyers of any country, accounting for 16 percent of recent sales. Buyers from the United Kingdom accounted for 16 percent of foreign home buyers, and the rest of Western Europe accounted for 22 percent. Smaller countries included Germany at 7 percent, Venezuela at 5 percent, Argentina at 5 percent, and France at 5 percent. Overseas buyers have a window of opportunity while the U.S. dollar is weak against the Canadian dollar, the Great Britain pound, and the Euro.
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