Miami-Dade Named Best Region in North America for Investing 2021-2022

Its culture of innovation, diversity and inclusion, high levels of investment and skilled workforce, combined with compelling cost advantages, infrastructure and international connectivity, make Miami-Dade an exceptional foundation for businesses focused on global success.

World Biz magazine recently announced Miami-Dade County as the best region in North America for investment in 2021-2022. This recognition follows a detailed evaluation process by our team of researchers that began with a list of 50 regions across the United States and Canada. Our analysts carefully compared the unique advantages and backgrounds of each of the regions to narrow down the top 4. The final phase of the process was the presentation of the finalists to our Editorial Board who selected the winner. This article presents the main reasons for the selection of Miami-Dade as the best investment region in North America.

Spanning 34 municipalities, the Greater Miami area is home to 2.7 million people and has access to a regional workforce of 3.1 million. Miami was recently ranked as the fourth fastest growing major city in the United States by WalletHub, with the largest Miami-Dade area home to several Fortune 500 companies and more than 1,400 multinational corporations. Its culture of innovation, diversity and inclusion, high levels of investment and skilled workforce, combined with compelling cost advantages, infrastructure and international connectivity, make Miami-Dade an exceptional foundation for businesses focused on global success.

Recent moves to Miami-Dade
• Norwegian company Atlantic Sapphire recently invested $480 million to open its US headquarters and salmon farm.
• Founders Fund, a $6 billion venture capital firm, recently opened an office in Miami.
• Blackstone, the world’s largest alternative investment firm, opened an advanced financial services technology regional headquarters in downtown Miami.
• Millennium, Apollo, I Squared Capital, Icahn Enterprises and Starwood Capital have all recently arrived in Miami.
• CI Financial, Canada’s largest investment management firm, recently moved its global headquarters to Miami.
• Many new generation companies call Miami home. This includes the companies HealthTech Papa, HealthSnap, Heru and Medtronic. This also includes fintechs such as: ACI Worldwide, Majority, Bank Novo, Fortú, YellowPepper, NovoPayment, Finconecta, Milo and Nirvana founded by former Paypal CEO Bill Harris.
• In the DeFi space, Blockchain.com, venture capital firm Borderless Capital, and eToro (the world’s second most popular crypto exchange), have all established offices in Miami. Crypto exchange FTX is not only opening an office, it has also invested $90 million to secure naming rights for the Miami Heat arena.

Business Friendly
Moving to Miami-Dade is a great financial decision. There is no state or local personal income tax, corporate income tax is low, and businesses can rely on a favorable regulatory climate. This ingrained inclination toward business friendliness provides a solid platform to operate in the United States and internationally.
The South Florida region is home to more than 1,400 multinational companies made up of skilled and energetic residents who speak 128 languages. In addition, there are over 5,200 financial services companies (the 2nd largest international banking center on the east coast) and legal and accounting firms covering the full range of transaction requirements of multinational corporations.

gateway to the world
Companies from all parts of the world have regional or global headquarters in Miami, as it is the perfect hub for managing operations in North America and Latin America. The South Florida region is home to more than 1,400 multinational companies made up of skilled and energetic residents who speak 128 languages. In addition, there are over 5,200 financial services companies (the 2nd largest international banking center on the east coast) and legal and accounting firms covering the full range of transaction requirements of multinational corporations.
Miami-Dade is also home to the third-most consular corps, foreign trade offices, and binational chambers of commerce in the United States. Some of the multinationals in Miami-Dade include Airbus, Amazon, American Airlines, Apple, Benihana, Brightstar, Boeing, Burger King, Carnival Cruise Lines., Cisneros Group, DHL Express, Ford, Greenberg Traurig, HEICO, Heineken Americas, MasTec, MasterCard Worldwide, NBCUniversal Telemundo Enterprises, Norwegian Cruise Lines, Noven Pharmaceuticals, Novartis, Perry Ellis International, Royal Caribbean Cruise Lines, Ryder Systems, SoftBank Group, Sony Entertainment, Virgin Voyages, Wix, and World Fuel Services Corp.
Strong transportation and communication networks, an established free trade zone, and significant infrastructure investment ensure Miami’s seamless connectivity and ensure a stable platform for businesses to launch and grow internationally. international.

Seamless Connectivity
Miami-Dade is easily accessible to all parts of the globe, with the region’s three international airports handling more than 2,000 daily flights. One of two globally certified Pharmahubs, Miami International Airport is the nation’s No. 1 airport for international cargo, No. 2 for international passengers, and No. 3 for total cargo. PortMiami, which is the only Panamax-ready port south of Virginia, plays a leading role in global commerce and is the engine of $43 billion in economic activity. Miami is also known as the “Cruise Capital of the World”.
Strong transportation and communication networks, an established free trade zone, and significant infrastructure investment ensure Miami’s seamless connectivity and ensure a stable platform for businesses to launch and grow internationally. international.

Comments are closed.