Entrepreneurial migrants move to South Florida for a variety of reasons. A 76% of surveyed migrants highlighted personal reasons, while 71% stated that business reasons were a primary motivation. Just 6% of respondents noted that career opportunities, such as education, brought them to the area
Endeavor's research found several relevant findings. It was found that:
- According to a survey of companies that migrated to South Florida, 76% moved for personal reasons, while 71% considered business reasons. Domestic migrants (100%) and foreign founders (83%) typically relocate for personal reasons, while international expanders (92%) and CEO migrants (67%) are more likely to relocate for business reasons.
- Particularly, the top business reasons are directly related to the direct connection to Latin America (40%), access to networking and events (23%), and regulation (19%).
- The top personal reasons why migrants move to South Florida are the quality of life (44%) and diversity (35%) that they find there.
🔙 Back to main menu