Chinese President Xi Jinping's visit to Donald Trump's Mar-a-Lago resort next month could prompt a surge in Chinese buyer interest in Florida, reports Property Portal Watch (24 March 2017). Charles Pittar, Chief Executive Officer of Juwai.com, said there was already a surge of Chinese buyer enquiries for Florida in 2016. “I would expect the Chinese President's visit to make the club a status symbol among wealthy and ambitious Chinese. Unless the summit goes wrong, Mar-a-Lago had better have an application form in Chinese. They should expect a spike in Chinese applicants to emulate their President and be members of the club where he conducts his state visit to President Trump.” According to Pittar, Chinese real estate buyers are attracted to Florida for its strong investment returns, water views, and affordable prices.
