Influx of South Americans Drives Miami's Reinvention - NYTimes.com - 0 views
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the Miami-Fort Lauderdale region eclipsed Los Angeles in 2012 as the major metropolitan area with the largest share — 45 percent — of immigrant business owners
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Colombians, who first began to settle here in the 1980s, are the largest group of South Americans. They now make up nearly 5 percent of Miami-Dade’s population. They are joined by Argentines, Peruvians and a growing number of Venezuelans. Brazilians, relative newcomers to Miami’s Hispanic hodgepodge, are now a distinct presence as well. The Venezuelan population jumped 117 percent over 10 years, a number that does not capture the surge in recent arrivals. Over half of Miami’s residents are foreign born, and 63 percent speak Spanish at home.
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he latest surge of South Americans was turning the city into a year-round destination and luring more entrepreneurs and international businesses. Latin American banks have proliferated as they follow their customers here.
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