The US is the second most popular country after Spain UK nationals purchasing an overseas property, By far the most popular area being Florida with its many attractions and all year round climate. Favourable exchange rates and the wide availability of flights from all major UK airports are other reasons why the USA is an attractive property proposition. With the US economy in a downturn and the dollar exchange favourable to sterling there are some bargains to be had across the USA. UK Buyers are now exploring the markets of New York with its world famous shopping and attractions, and the biggest tourist city in the world, Las Vegas with on strip property offering up to 90% occupancy rates and huge growth figures.

The US property market offers huge value for money now and investors can achieve some amazing discounts.

1. The USA has the 2 largest tourist destinations in the world, Florida and Las Vegas. Catering for both domestic and international tourists.
2. Florida offers a sub tropical climate with sunshine all year around.
3. Las Vegas offers a year round hot dessert climate
4. The attractions are world class, including Disney world Florida, universal studios Florida, Casinos in Las Vegas, The Grand Canyon in Las Vegas, Shopping in New York, and many more reasons for tourists to visit.
5. The pound is very strong against the dollar therefore giving you more property for your money.
6. It is easy to do business in the USA with English speaking professionals.
7. Mortgages can be easily obtained with low deposits.
8. Flights to the US are frequent and cheap, you can fly to Florida for as little as £300 return.
9. Although the housing market has stalled with the economic downturn, the government are pumping in hundreds of billions to boost it up.
10. Rental returns are very good in the major tourist areas.

Population: 278,058,881 (July 2001 est.)

Capital: Washington DC

Area: 9,629,091 sq km

Coastline: 19,924km

Language: English, Spanish (spoken by a sizable minority)

Local Currency: United Sates Dollar

Ethnic Groups: white 83.5%, black 12.4%, Asian 3.3%, Amerindian 0.8% (1992)

Life Expectancy: 77.26 years

Major Religion: Protestant 56%, Roman Catholic 28%, Jewish 2%, other 4%, none 10% (1989)

Government Type: federal republic; strong democratic tradition

Independence: 4 July 1776 (from Great Britain)

Legal System: based on English common law; judicial review of legislative acts; accepts compulsory ICJ jurisdiction, with reservations

GNI per capita: $36,200 (2000 est.)

Main export: capital goods, automobiles, industrial supplies and raw materials, consumer goods, agricultural products