About » Why Miami?
Why Miami?

No one can question that Miami has become the gateway to Latin America and the Caribbean, but it continues to play an increasing role as an important global hub for international companies doing business in Europe, Asia and Africa. Miami’s unique persona set it apart from other U.S. cities:

  • Over 150 consulates, trade offices and bi-national chambers of commerce that support worldwide business
  • More air service from Miami International Airport to Latin America and the Caribbean than any other U.S. airport
  • A skilled multi-lingual workforce
  • No local or state personal income tax and low corporate income tax
  • Access to sophisticated international banking, legal and professional services
  • Excellent logistical and multimodal infrastructure to move goods and services around the world 
  • Idyllic climate with year-round recreational activities, professional sports franchises and renown cultural institutions
  • Strategic location for international companies to establish operations and gain access to the U.S. market, and similarly, small to large U.S. or international life science companies can create regional offices or headquarters to service Latin American or the Caribbean markets

Miami is the county seat of Miami-Dade County, the most populous county in Florida; with an estimated population of 409,719 in 2007, Miami is the largest city within the Miami metropolitan area, which is the seventh-largest metro area in the United States with over 5.4 million residents. Miami is ranked as a global city for its importance in finance, commerce, media, entertainment, television, fashion, film, arts and international trade. It is home to one of the largest concentration of international banks in the United States south of New York city and to many large corporate headquarters. Moreover, because of its geographic location and proximity to Latin America, Miami serves as the Latin American regional headquarters for more than 1400 multinational corporations.