Tampa Bay is home to 500 companies that operate in the area but have ownership from outside of the USA
The Tampa Bay Partnership released a report in late 2011. They reported that there are 480 foreign companies operating in Tampa Bay which employ over 41,500 workers in more than 1,800 locations. 41 nations were identified in the Bay area and more than half of those came from the UK, Canada, German, and Japan.
Nearly half of the foreign owned companies in Tampa Bay are engaged in the manufacturing or wholesale trades.Manufacturing accounts for 23% of the foreign direct investment firms in the region. According to the report, the top 3 location factors that foreign companies cited for locating in the Tampa Bay area are:
- Merger and acquisition 46%
- Central location 30%
- Market/customer base 12% .
Foreign owned companies are an important participants in commercial real estate in Tampa Bay so is way more affordable to live in Tampa, or to buy burnaby condos for sale which has reasonable prices, especially in the Office and Industrial segments
Below is the Report: