Not only Lionel Messi Eye on Miami. For a long time, this part of Florida has been the place many Argentines have chosen to spend their holidays, shop or settle down.
It is also why, in the face of this new wave of immigration, there are those who seek a place that is less populated and no longer invaded by natives and other Latin Americans.
According to the Census Bureau’s most recent official numbers on the American community, 69.1% of Miami-Dade County’s residents are Hispanic.
“Miami is very attractive to Latin Americans because of its ability to allow them to be in the United States with all its advantages, while being able to preserve their cultural roots. This city has become a haven for investment by Argentines, Colombians, Brazilians and others,” explained Carla Anzalde, immigration attorney and head of the Carla Anzalde Law Offices. of Latin Americans due to economic and political instability in their countries of origin.
This American city is experiencing a boom in immigration, reinforced during the pandemic and the rise of remote work. Factors such as the country’s lack of income tax and its benign climate contributed to the trend He immigrated towards this area.
But this phenomenon makes many immigrants, especially with good purchasing power, look for new places to settle, and as it always happens, the Argentines represent a large percentage.
In recent years, many people have also settled in the Palm Beach, Boca Raton, and Orlando area. Additionally, there has been an increase in Latinos choosing to settle in cities like Tallahassee and Jacksonville, where the cost of living is lower than in South Florida, according to data collected by this consulting firm.
In terms of orientation by nationality, Argentines mainly choose Miami, Key Biscayne, Aventura and Weston, while Colombians prefer Miami, Doral and Weston. These preferences can be influenced by various factors, such as the presence of established communities, job opportunities and quality of life.
As for the ranking of the type of visas that Latino residents of Florida apply for, from the law offices of Carla Anzalde, they list the following:
Investment Visa: Many Latinos choose an investor visa to establish or expand a business in the United States.
Talent Visa: This visa is chosen by Latinos with special abilities and talents who want to work in specific fields.
Work Residency: Some Latinos obtain work residency as part of their immigration process to the United States.
One economic fact to keep in mind is that Latinos create more businesses per capita than any other racial or ethnic group in the United States.
Over the past five years, one in 200 Latinos (0.5%) created a new business each month, compared to 0.3% for the larger groups (whites and Asians). The number of Latino-owned employer-owned businesses grew 12.5% annually. And while Latino-owned businesses are concentrated in cities and states with large Latino populations — like Los Angeles, Miami and New York City — in 45 out of the 50 states, there was an increase in them between 2012 and 2017.
The famous “American Dream” is still valid for many Latinos because of the opportunities that the United States provides that do not exist in many Latin American countries. Latinos in the United States have a higher rate of entrepreneurship than other racial or ethnic groups, which results in more businesses being created per capita. In addition, the business environment in the United States is more stable and predictable than in Latin countries, which allows entrepreneurs to plan ahead and make long-term growth plans.”