The Extent of the Investment
It is presently impossible to determine the precise extent of non-U. S. enterprises operating in Florida. There are no general registration or disclosure requirements. Moreover, the number of such enterprises is subject to frequent change as companies both enter and exit. Likewise, a company may be involved in manufacturing at one time and later merely in wholesaling (or vice versa); thus, its functions also change. In real estate it is common to use "companies of convenience"; one individual investor or investing group may have over a dozen such companies. Alternatively, one non-U. S. company may have literally dozens of individual investments in the state. In our study, we have frequently used the word non-U. S. rather than foreign, because the term foreign corporation in Florida (and in other states) means any out-of-state corporation. We are dealing here with investments from out of the country. Unless otherwise indicated, our use of foreign will be synonymous with non-U. S.
Non-U. S.-controlled companies known to operate in the state of Florida are listed in Appendix 1. Column 1 indicates the non-U. S. parent company or individual stockholder(s). Column 2 contains the name under which this company operates in Florida. (Sometimes columns 1 and 2 contain the same name; more often the names are different.) The list has been compiled from numerous sources. 1 Included are companies incorporated in the Netherlands Antilles, Panama. Costa Rica, the Cayman Islands, Luxembourg, and Liechtenstein. Lawyers in Miami have recommended to non-U. S. clients the use of