Best states to invest in the United States this 2023
The US is a country historically recognized for its economic strength, rapid progress and the possibility of finding great opportunities, especially in terms of investment. But being such a large country, it is certainly possible to find areas with better returns than others (ROI). At BAI Capital we tell you which are the best states to invest in this year.
The United States is considered one of the most important countries in the world from an economic point of view. It offers one of the largest economies in the world and is also home to some of the most successful corporations globally.
The country has an excellent macroeconomic situation, with low inflationary pressures and low unemployment rates. In addition, it does not have foreign debt problems or fiscal imbalances that could threaten its economic stability.
On the other hand, it has a growing and modern infrastructure development, a world where investments are usually very profitable since they generate a constant flow of income over time. And while the US economy has experienced some ups and downs over the years, it has always managed to bounce back and grow again.
For this reason, investing in real estate in the United States can be a good and effective strategy to diversify capital, protect it from inflation and strengthen wealth, especially if the interest comes from investors from countries with high costs of living.
Invest in real estate in the United States 2023
In the United States, the real estate sector has become a safe haven for investments, especially in Latin American countries or with high inflation rates.
In this sense, the country is positioned as an excellent place to invest in the real estate sector. Becoming a world leader in this field and with a very active market.
According to data from the US Census Bureau, the total value of property in the country between 2010 and 2020 was 92 trillion dollars, equivalent to about two and a half times the GDP of South America (Domestic Product Rough). Which generates great expectations for the industry in the near future.
In addition, according to statistics from the National Association of Realtors (NAR), more than 80 million homes with mortgages have accumulated in recent years. This means that there will be plenty of opportunities for investors looking for properties with good potential returns.
Florida: The preferred state to invest in the US
The best states to invest in real estate are those where there is high growth or demand for homes or commercial properties. Other reasons why investors prefer one state over another may be:
Having a large population base that allows them to have a stable demand for housing;
Have an attractive climate that attracts both retirees and new residents;
Have favorable tax incentives for investors;
Its economy is strong enough that people can afford to buy homes and amenities.
According to the above, one of the favorite states for the real estate market is Florida. The so-called “Sunshine State” has been a magnet for those seeking a better quality of life, due to its tropical climate, its beaches and its warm waters.
But without a doubt, the main reason that makes it so attractive for the acquisition of real estate is the strength of the market, especially in the sale of condominiums (apartments), since they offer a high return on investment and low maintenance costs.
This, mainly because the state’s commercial real estate market is one of the most dynamic in the entire country, with great demand due to its strategic location and its growing population.
Florida real estate growth and development
According to the Sotheby’s International Realty website, real estate prices in Florida have risen more than 30% in the last year.
This has caused a rapid increase in the demand for housing, which has strengthened the state’s real estate market. In fact, according to the ranking of the best cities in the US to make a first investment – carried out by the Financial Times newspaper – Miami was highlighted as the best city to invest in the entire country.
In addition, the state has friendly characteristics for investors, since natural persons do not pay income tax, being able to obtain more convenient prices than in other markets.
Other states that also meet these characteristics are Texas and California. Texas has historically had one of the best economies in the country and is also home to some of the wealthiest people in the United States, attracting better infrastructure and thus greater interest in investing in increasingly valuable land.
Meanwhile, California is another of the main options for many investors because it is one of the most populous states in the US and the economy has allowed constant development in different real estate aspects.
Investing in BAI Capital is investing in the United States
With a presence in the real estate sector in the states of Florida, Texas and New York, BAI Capital specializes in generating value from the acquisition of land to the development of mixed-use projects, such as residences for the elderly, student residences, multifamily buildings. for rentals and mixed use, including condos and retail.
Our mission is to safeguard the capital of the partners and the own capital under the minimum risk exposure. With a safe development and going through all the stages: Land purchase, adjustment of urban zoning, commercial vision in architectural development and management of building permits. Then, we take charge of the capitalization, construction and exit with return of the capital and profits to the partners.
In this way, we guarantee fixed and stable returns for your client portfolio. In addition to having a confidential work protocol with encrypted web forms. Use of protected personal data and private meetings with our agents throughout Latin America.