International transactions are important to Arizona. Global trade means that foreign buyers are doing business here and buying homes in the Phoenix area. If you are in business here or are considering doing business in our state, useful information is in the NAR State-by-State International Business Activity report. It provides an overview of immigration, foreign visitors by visa type, international home ownership data, and more, by state and metro area. You can find the 2020 report and its Arizona info here. Guidance for global companies on how set up a business in Arizona is available from the Arizona Commerce Authority.