ORLANDO, FLORIDA

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(~ 0.548 GBP)

The USA is a Federal Republic with 50 States and has close associations with the Commonwealth of Puerto Rico, Guam and the US Virgin Islands and exercises trusteeship on behalf of the UN over several Pacific Island groups.

The President's powers are extensive but not unlimited. As the chief formulator of national policy, the President proposes legislation to Congress and may veto any bill passed by Congress. The Congress comprises two chambers – the Senate and the House of Representatives. The Senate has 100 members, made up of two from each of the 50 states. The next presidential and congressional elections are due in November 2004.

Bush’s popularity is hovering around the 50% mark and the Iraq war and economic recovery will prove key factors in whether Bush gets re-elected or not in November 2004.

One seemingly universal taboo, especially in professional circles, is smoking. It is becoming increasingly unpopular in the US and is often considered offensive. Smoking is banned in all restaurants in California and New York City, but then contrastingly, you have the infamous Las Vegas, where you can find ashtrays for you convenience in places such as telephones booths.

Married filling separate return:

Head of Household:

Single Individual:

Net capital gain income is taxed at ordinary rates, except that the maximum rate for long-term gains is limited to 20%(10% for individuals)

Toward the close of 2000, many ‘dot-com’ industries plunged into bankruptcy. The USA’s technology sector went into decline and the country found itself in recession.

Annual growth averaged around 4 to 5 per cent during the late-1990s, but slipped to 2.2 per cent as the economy slowed down. The events of September 2001 added to the pessimistic outlook for the economy, as several industries (notably civil aviation and tourism) suffered a sudden fall in demand. In addition to important IT and telecommunications industries, traditional manufacturing industries, such as steel, were also depressed.

The internationally controversial war on Iraq has also threatened many trade friendships and lowered the value of the US Dollar (US$1 in 1990 had the same buying power as US$1.42 in 2003), although the USA’s economic might has been maintained. Unemployment reached 5.9 per cent in November 2003, although productivity increased by 9.4 per cent in the third quarter of 2003.

The USA’s most important trade relationship is with Canada (which accounts for approximately 20 per cent of all US trade). The two countries concluded a free trade agreement in 1989: this accord formed the basis for the North American Free Trade Agreement (NAFTA), to which Mexico became a signatory in 1992.

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Pension Investor

Holiday Investor

Retirement Investor

Downshifter Investor

Business Investor

Water Temp.

There are also endless numbers of bars dotted around different areas, each offering different nights and themes. You are sure never to get bored of the vibrancy of the nightlife.

There are also many places nearby the Orlando area where you can go diving and sailing. The waters of Florida are also renowned for its great surf and classes are easily available upon request.

Taxi’s are also readily available.

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Demand for letting

This is my personal favourite.  Low borrowing costs and high yields mean BIG profits!  If you did a draft Profit & Loss of a prospective property you will find that you would make a lot of money.  I suggest you invest in the high tenant demand areas.  The property prices in these areas will be higher than the entry prices stated above so will affect yields but not by much – a lot more can be had by paying that little bit more.

Finance for properties in the USA is easy to get.  Loan To Values are currently at 70% max so you will need more to put down than you would if you was buying in the UK but the yields compensate for this.  The dollar rate is very favourable at the minute so strike now!

www.floridainvest.us

jurdy@eurus-realty.com

12730 New Brittany Blvd.,  Suite 205

Fort Myers, Florida 33907

www.brixtondevelopment.com/

www.floridainvest.us