A vote in the United Kingdom to leave the European Union could have ramifications on this side of the pond. Almost immediately upon news of the vote outcome, which caused the value of the British pound to rapidly decline, tourism and real estate leaders were considering the impact to the Gulf Coast.

Virginia Haley, president of Visit Sarasota County, stayed glued to BBC broadcasts much of Friday. She recently attended IPW, a convention where US tourist destinations sell themselves to the world, and heard from three major British tour operators, all of whom worried Britain would vote to leave the EU. Now, she wonders what the impact of the decision will be here. “Any time you have tremendous uncertainty, which is obviously going to be the norm for the next year or so in the US, it creates consumer anxiety and consumer concern about spending, which obviously has an impact on travel,” Haley says. But on a positive note, hospitality providers in weeks before the vote have seen solid booking from UK travelers. Haley characterizes Great Britain as the biggest “long-haul” source of international travel to Southwest Florida—about 60,000 UK visitors come here every year making up 3 percent of total visitation in Sarasota County. There may be a delayed impact from the Brexit vote, but she expects many of those travelers will keep their plans.

In real estate, Patricia Tan, an agent with Caldwell Banker Residential Real Estate, specializes in international sales, but she isn’t that concerned about Brexit fallout. The value of the pound dropped to its lowest levels since 1985 on Friday, ending up equivalent to $1.37 US. But many of the people looking for a high-end home on the Gulf Coast aren’t just invested with British currency. The strength of the US dollar will drive Florida decisions. “The pound has been very weak against the dollar for 12 to 18 months,” she says. “But there has been no slowdown in business.” Sarasota remains the second biggest buying market for Brits looking to purchase property in Florida, behind only Orlando.