Real Estate Partner Louis Archambault Quoted in Miami Herald
Louis Archambault, a partner in the Firm's Real Estate Practice, is quoted in this Miami Herald article. The article discusses the impact of foreign buyers in the Miami housing market. Louis comments on the fact that in contrast to some other countries, where foreign buyers face "significant restrictions," the U.S. offers an equal playing field to home buyers.
"There may be different laws that apply as to how the capital is brought into the U.S. and, upon sale, how the sales proceeds are treated," said Louis. "But from strictly a property ownership standpoint, the United States does not differentiate between foreign and U.S. buyers."