KSI Realty's Conference on the Florida Real Estate Market at the 2011 Hong Kong SMART Expo (11 December 2011)

1. INVESTING IN THE USA
THE FLORIDA MARKET
By
Daniel Kijner & Laura Kijner

2. WHO ARE WE?

4. http://www.kijner.com/Our-Team
KIJNER & SONS INTERNATIONAL REALTY
Costa Rica, France, Thailand, USA
DANIEL KIJNER
Broker Owner, Kijner & Sons International Realty
Broker Associate
Re/Max Platinum Realty (Sarasota, Florida, USA)
LAURA KIJNER
Broker Owner, Kijner & Sons International Realty
Realtor®
Fortune International Realty (Miami, Florida, USA)

5. OUR ACTIVITIES

6. http://www.kijner.com/Our-Activities
http://www.kijner.com/Elements
Residential & Commercial Real Estate Transaction
- Selling
- Buying
Property Management
- Lease
- Manage
Wealth Management
- Assets Enhancement
- Liabilities Mitigation
Promotion and Development
- Raw Lands, Platted Lots, Resorts…
- Construction
- Renovation/Refurbishment
International Consulting
- Business Opportunities & EB5
- Individual and Corporate Relocation
- Due Diligences & Assistance
-Conciergerie “Elements” & Lifestyle

7. THE MID TO LONG TERM BENEFITS
OF INVESTING IN THE USA
THE FLORIDA REAL ESTATE MARKET

9. WHY INVESTING IN FLORIDA?

10. http://www.kijner.com/Why-investing-in-Florida
 The Asian economic growth and the availability of discretionary funds
comfort Asian buyers to diversify and securely shield in tangible hard
assets
 Fighting volatility in your home country, offsetting political and
economic incertitude, mitigating fears and perceived risk in volatile stock
markets, bonds and commodities
 Real Estate mean prices in Florida are relatively low due to numerous
short sales and foreclosures currently available on the market. However,
because of the hype for this type of properties, prices are increasing and
as a consequence, your choice might get more limited with time but you
may benefit from important capital gain

11. http://www.kijner.com/Why-investing-in-Florida
 Bank interest rates are lower for now in most Asian countries compared
to the USA, but we are already seeing an increase since November 2010
 Florida real estate market is one of the most attractive in North America
with more than 260 days of sun, a warm subtropical climate and median
temperatures averaging 80°F / 27°C
 Florida is the second world destination but mostly an international hub
thanks to state of the art infrastructures (international airports, modern
highways, sea ports for Cruises or shipment of raw and manufactured
goods), vibrant cities, leading industries and renowned universities…
 Florida has no personal state taxes and low corporate taxes
 Miami is the number one city for foreign investors and Asian clients are
rapidly taking advantage of the many investment opportunities there

12. Real Estate in Florida is an “easier” investment choice:
 The amount of quality real estate properties available on the
market
 Buying costs are cheaper
 Management and resale are easier
 Mid to long term profits “assured”

13. Amounts and % may vary depending
on use and duration
Sarasota, Florida (Gulf of Mexico, Tampa Bay)
Size: 102 m2
Year built: 1995
2 Bedrooms, 2 Bathrooms, Kitchen Fully Equipped, A/C
Common Pool, Garden, Gulfs, Tennis Court, Parking
Price: $162,900
Annual Taxes: $2,424 (1,50%) – Monthly: $ 202 (1.50%)
Monthly Income Gross: $3,500
Insurance: $3,000/yr
Property Management: 15% to 20 % of income
Return(net): 5%
Depreciation: 3.39 % per year

14. Real Estate is a safe and secured choice
Title Companies guarantee title and ownership
Ownership is unrestricted and perpetual in Florida
Freedom and unrestricted right to buy, manage, hold,
transmit and sell your property. You and your property are
protected by a set of laws, rules and regulations that are fair and
applicable to all (Americans and foreigners alike)
Insurability: you can shield yourself from risks and natural
disasters depending on selected insurance packages
Political and economic stability of the USA in general and
Florida in particular

15. http://www.kijner.com/EB5
http://www.kijner.com/O-1-Visas
Business Opportunities for a whole family (EB5 Green Card
Program)
 Immigration (primary home)
 Retirement
 Work
 Studies (undergraduate/graduate/postgraduate)
 Return on investment (secondary home)
Visas for Special “talents” and abilities (O1 Visas)
 Researchers, Businessmen, Doctors, Actors, Athletes…

16. http://www.kijner.com/EB5
http://www.kijner.com/O-1-Visas
Set up a legacy for yourself and your family!
Realize your long dream of moving to the US
and becoming a US citizen!

17. SHORT SALE & FORECLOSURE (REO)

18. WHAT IS A SHORT SALE & FORECLOSURE (REO)?
In a short sale and a foreclosure, the selling price is below the
amount of the mortgage. The property has thus a lesser value than
the amount owed to the bank. Note that the selling price won’t
probably cover unpaid property taxes, closing costs or any other
fees related to the sale of the property.
The main difference between a short sale and a foreclosure is that
a short sale is sold by the owner with the bank’s approval while a
foreclosure is sold directly by the bank. In a foreclosure, a judge
transfers the property deed to the bank so that the property
becomes bank owned or REO (Real Estate Owned).

19. EXAMPLES OF SHORT SALE & FORECLOSURE
MIAMI, FLORIDA
$110 000 $165 000 $48 000
FORECLOSURE SHORT SALE SHORT SALE
“WITH TENANTS” “VACANT”
DANIA BEACH
Monthly income: $2,400 MIAMI MIAMI BEACH
Monthly income: $2,600 Monthly income: $1,100
5 minutes from Hollywood
Beach House + 1 apartment Waterfront condominium
Total of 5 bedrooms and 3 2 bedrooms
Duplex, 2 apartments
bathrooms 1 bathroom
Total of 5 bedrooms and 2
bathrooms

20. LET THE EXPERTS HELP YOU
AND AVOID THE COMMON PITFALLS

21. EASY: Depending on the sales price and location - especially in Miami - properties can span from low
shack to Ocean front condominiums to gulf course single homes or luxury Estates for a steal when the
purchase is properly timed and structured
DIFFICULT:
 Is the property a “normal” sale, a short sale or a foreclosure (REO)?
 Does the bank manage the closing for someone local or who’s out of state?
 In which processing stage is the selling? In a “Sells As Is”, 95 % of the time the purchase is non
negotiable, under specific conditions and with possible restrictions to foreign investors
 This situation may be “irrational” as Bank Servicers do not know the property’s specifics and
environment
HARD:
 When the buyer is a foreign financial or institutional investor who doesn’t realize the reality of the
local market
 The “response” time is generally quite lengthy even with HAMP and HASFA deals!
 The average being from a minimum 30 days to over 3 months. Sometimes, 4 to 6 months to get a” No”
or no response at all!
 Do not make several offers on different properties! You would be bond if the offers were to be
accepted

22. BECOME A US PERMANENT RESIDENT
THE EB5 GREEN CARD PROGRAM

23. http://www.kijner.com/eb5
Making sure that Conducting the
funds are placed Not overlooking proper Due
Choosing over the
at risk of partial the Job Creation Diligences on Processing the
hundreds of
or complete loss Requirement as it both financial and Applying for initial EB-5
Regional Center
in a commercial is the single most immigration permanent Immigrant
Projects one that
sense, as any real important aspect aspects with our residence (2-year Petition (I-526
will be the most
business to consider when Immigration conditional Green Petition) based
adapted to your
investment would examining Attorneys and Card) on your individual
unique
be according to regional center Licensed US Real needs
requirements
USCIS policy programs Estate Brokers
requirements (Realtors®)

24. http://www.kijner.com/eb5
The EB-5 “Regional Center” Immigrant Investor Program enables
you to live anywhere in the USA with a Permanent Residence
through a minimum of $500,000 Investment for the whole family*!
Under the EB-5 Immigrant Investor Pilot Program, a $500,000
investment in a "Regional Center" enables foreign investors to
qualify for the Green Card without the constraints of having to set-
up and manage a U.S. business
This immigration option allows investors to legally live as permanent
residents** in any U.S. State and engage in a business, employment,
or any activity of their choice such as attending a university, or just
retire
* Additional costs may apply based on each project
** More than 6 months out of the year

25. http://www.kijner.com/eb5
Our exclusive role is to help you find the best Regional Center and the
program that will most likely secure your immigration status. We do
consulting, analysis and due diligences based on your individual needs
and unique project

26. http://www.kijner.com/eb5
The definition of the best Regional Center is:
 One that suits your unique immigration requirements and gives you a
Permanent GREEN CARD
 One that secures your $500,000 investment and let you know how
and what it is invested in
 One that has built in exit strategies such as to know how and when
you are getting your money back especially in the event that one or
more of the conditions are not met (i.e.: employment…)
 One that outlines the risks, a reasonable time line, and the
anticipated return on investment with certainty

27. EXAMPLE OF PRISTINE COMMUNITY LIVING IN FLORIDA
OCEAN REEF CLUB (KEY LARGO, FLORIDA)

28. EXAMPLE OF PRISTINE COMMUNITY LIVING IN FLORIDA
OCEAN REEF CLUB (KEY LARGO, FLORIDA)

29. We also assist clients represented by their trusted:
- Professional Real Estate licensed practitioners
- Financial Advisors
- Wealth Managers
- Insurance Brokers
- Fiscal Consultants
- CPA
- Private Family Office Bankers
- Attorneys, Esquires and Lawyers

30. THANK YOU HONG KONG!
FOR MORE INFORMATION
VISIT OUR BOOTH C 09 – C 11
BOOK YOUR PRIVATE 1 HOUR FREE CONSULTATION
http://www.kijner.com/agent_files/forms/ehs.html

31. THANK YOU HONG KONG!
FOR MORE INFORMATION
www.kijner.com
info@kijner.com
www.facebook.com/ksirealty
http://twitter.com/KSIRealty