Foreign Trade Zones
Foreign trade zones (FTZ) allow businesses within the zone to receive, warehouse, and re-export products duty-free, thus reducing costs and helping businesses become more globally competitive. Thousands of businesses each year use foreign trade zones to coordinate foreign and domestic shipments.
In addition to assisting U.S. companies improve their competitive position, the Foreign Trade Zone program allows U.S. based companies to defer, reduce or even eliminate customs duties on products admitted to the zone.
Miami-Dade County is home to four Foreign Trade Zones:
PortMiami Foreign Trade Zone 281
1015 North America Way, 2nd Floor
Miami, FL 33132
Foreign Trade Zone 281 is a General Purpose Foreign Trade Zone established under the Alternative Site Framework (ASF). The ASF provides an expedited process to becoming an FTZ site. FTZ 281 stretches from Southwest Eighth Street to the Broward County line, from Miami Beach in the east to the Urban Development line in the west. FTZ 281 encompasses many industrial areas and critical logistics components including; Miami International Airport, Opa-locka Airport, PortMiami, Rail yards and other transportation infrastructure.
Miami Free Zone
2305 NW 107th Ave., Suite 107
Miami, Florida 33172
Miami Free Zone is the most experienced Foreign Trade Zone (FTZ) in Miami-Dade County and a leading regional wholesale marketplace. For more than three decades, Miami Free Zone has consistently provided the international trade community with expert FTZ services and technology, along with premium warehouse, showroom, and executive office spaces. As a Federally approved Foreign Trade Zone, Miami Free Zone (FTZ #32 – site 1) provides its users with exceptional trade benefits, such as significant tax and duty savings, flexible control over domestic and foreign inventory, and some of the highest security controls in Miami-Dade. The facility processes inbound and outbound international transactions in the range of $1 billion per year and hosts a variety of exclusive international trade related events,
Homestead Foreign Trade Zone 166 (Vision Council, Inc.)
2804 N.E. 8th Street
Homestead, FL 33033
The Homestead Foreign Trade Zone (FTZ 166) is a General Purpose zone located in east Homestead. It is the southernmost free trade zone in the continental United States and provides a unique opportunity for Latin American operations. Comprised of approximately 1,000 acres, the FTZ encompasses the Homestead Park of Commerce, portions of the Homestead-Miami Speedway, the Homestead Baseball Complex and adjacent lands to the south. Vision Foreign Trade Zone, Inc. is the FTZ grantee. Latam FTZ serves as the “Operator” of FTZ 166.
1601 Biscayne Boulevard, Ballroom Level
Miami, FL 33132
Miami’s first Grantee, The Greater Miami Foreign Trade Zone, Inc (GMFTZ) was granted the license for FTZ#32 in 1977 by the U.S. Department of Commerce - and with it the authority to establish zone projects in accordance to the rules and regulations of the Federal Government. For almost 40 years and alongside local staples such as Miami International Airport and PortMiami, GMFTZ has long contributed to Miami’s recognition as the “Gateway to the Americas.”