With it’s dynamic business climate, the Miami metro area ranked first in the nation on the 2007 Kauffman Index of Entrepreneurial Activity, an annual study that measures business start up activity across the United States. In the coming year, IEC expects the Miami Dade area to rank near the top of the state in per capital personal income level, average annual wage and gross metropolitan product. Outside of the new housing sector, Miami’s economy is in very good shape. New jobs are being created in tourism, health care and especially trade, thanks to the strong economies in Latin America. With it’s international business orientation, Miami continues to attract multinationals, such as Touchbase, a British voice and data communications company that plans to hire 30 people over the next three years for it’s new Miami regional office. Miami’s easy access to Latin America, Europe and elsewhere makes it an ideal hub for those whose lives keep them on the move. Miami Dades multicultural, multilingual environment makes the region very welcoming to international buyers. Miami is a convenient port of entry from South America and Europe, and offers major cultural, sports and recreational events. For instance, the December Art Basel show on Miami Beach FL real estate attracts affluent Europeans who tell family and friends about south Florida.