We should embrace them not scare them away!
Here in Pinellas County like a lot of other " Beach" counties in Florida, European homeowners have a great impact on our market and economy.
In our area most of them are from Germany and England.
Typically these people come here for a vacation, fall in love with the little beach towns and on a spur of the moment, they buy a waterfront home or condo.
They pay their property taxes,(sometimes 3 or 4 times as much as homesteaded properties), hire locals, Lawn Care Company, Tree Company, Pool Company, Cleaning Company, Handy men etc. to take care of the house while the owners are out of town.
When they come back 2 or 3 times a year for a short vacation, they bring even more money in and use the local restaurants and shopping etc.
The foreign owners do not cost us any money, they do not use schools
or other things we – they pay taxes for.