6.2
Million
Population
3.1
Million
Workforce
$344
Billion
Economy
0%
Personal/
Low Corporate
Income Tax
Innovate in Miami
The diverse technology infrastructure and business ecosystem that made Miami the only U.S. city to be recognized as a “Global City of the Future for Connectivity” in 2019 helps attract entrepreneurs and startups that span the spectrum, from delivery innovator REEF Technology to payments provider YellowPepper and healthcare robotics fi rm Neocis. With the assistance of the Miami-Dade Beacon Council, the county’s offi cial economic development organization, VCs, private equity fi rms and wealth managers like Founders Fund, Blackstone, I Squared Capital, JPMorgan Chase, SoftBank and Starwood Capital have planted their fl ags here. Florida Power & Light Company’s offi ce of economic development, PoweringFlorida, works with site selectors as well as state and local EDOs like The Beacon Council to target high-value industries, driving nearly $97 billion in economic impact and almost 300,000 jobs statewide since 2012. Its 35 Mules innovation hub helps entrepreneurs activate their ideas for the energy, water and energy-adjacent industries. Greenberg Traurig’s highly experienced technology practice successfully guides entrepreneurs and investors through all stages of development, and counts Cyxtera Technologies, Appgate, Chewy and Ultimate Software among its local clients.
Grow in Miami
The pandemic revealed Florida as a low-tax, high quality-of-life locale to work remotely and live deliberately. No place in the Northeast, Midwest, or even California can compare. New arrivals find no state or local personal income tax, a low corporate income tax and a supportive regulatory environment. The Beacon Council works with companies looking to expand or relocate, providing confidential services and support as they land successfully in Miami. Need to hire? Miami’s workforce is highly educated and culturally versed. Second in the nation for foreign-born residents with advanced degrees, Miami boasts more than 375,000 students across a dozen regional colleges and universities, many with nationally recognized programs. Law firms like Greenberg Traurig and its Corporate Relocation Task Force guide businesses through the legal issues, incentives and tax benefits in moving to Florida. The firm leverages its Florida roots and global reach to help clients grow – whether they are building Miami’s skyline or raising billions in capital through transactions involving a SPAC or other financing vehicles.
Connect in Miami
Miami is the Gateway to the Americas – and the world. The tri-county region’s population is larger than 32 U.S. states, and if it were a country it would be the world’s 39th largest economy. The region is home to headquarters or regional/hemispheric operations for 1,500 multinational corporations. The world connects through Miami. PortMiami is one of the country’s busiest cargo and container ports, and when combined with the traffic of more than 20 cruise lines sailing from here, the port drives some $43 billion in economic activity statewide. Miami International Airport (MIA) is the largest of three international airports serving the region. American Airlines, the region’s largest carrier, is flying to 122 destinations in 38 countries this summer including new nonstops to Tel Aviv and Suriname, and expanded service to California, Latin America and the Caribbean. Plentiful highways and efficient commuter rail lines shorten regional travel times. Brightline’s high-speed rail service will soon connect to business centers in Orlando and Tampa.
Meet and Play in Miami
Maybe it’s the diverse neighborhoods that radiate with vibrant sights, sounds and flavors. Maybe it’s the worldclass art found not just in galleries and museums, but on our street corners. Or maybe it’s the one-of-a-kind energy you find in an international hub brimming with culture. It’s this fusion that makes Miami a unique global destination. Whether it’s a small corporate gathering or a convention with thousands of attendees, no destination is more centrally located, diverse and ready to impress than Miami. Breathtaking landscapes set the stage for innovative art, iconic beaches, world-class entertainment, family-friendly attractions and a stunning array of unforgettable meeting options. From South Beach to Downtown Miami and from Aventura to Doral, there are 61,000 rooms at more than 480 hotel properties, ranging from boutique hotels to major resort properties. Now is the perfect time to enjoy amazing deals on everything from hotels to luxurious spas, outdoor dining, attractions, museums and more.
Be in Miami
New arrivals, celebrity homebuyers, world-renowned sporting events, meetings and conventions, corporate relocations… The news is full of people coming to Miami. Beyond the headlines, what’s it like to be here? Many families who’ve moved from the Northeast report fi nding public and private schools rivaling those they left behind. The Miami-Dade County Public School system claims four top-100 high schools in U.S. News & World Report’s 2020 rankings. The region’s colleges and universities include four R1- and R2-ranked research institutions. Miami has amazing attractions, museums, performing arts and cultural centers, haute cuisine and diverse neighborhoods for the whole family to enjoy, as well as hotels and resorts of all sizes. Each year, private jets shuttle in global art afi cionados for Art Basel Miami Beach. Sports fans have fi ve professional franchises, and even more college teams, to root for. Those who want to play outdoor sports can do so year-round, thanks to Miami’s warm weather. This is Miami – entrepreneurial, educated, globally connected and culturally spirited. If your company, division or family is looking for an exciting destination to visit, call home or to host your next event, Be in Miami.
Miami Business Leaders Share Why They Are Bullish On Miami…
“Since establishing our Miami hub in 1989, American’s commitment to our community and to our team has not wavered, throughout the pandemic, we have continued to strengthen our capacity in Miami to match demand in Latin America and the Caribbean. With new international destinations launching this year — Tel Aviv and Suriname — two new domestic destinations — Little Rock and Portland — and additional flights to key destinations in the Caribbean, we look forward to further deepening our ties to Miami.” – Juan Carlos Liscano, American’s Vice President of Operations for Miami, the Caribbean and Latin America
“What has made Miami such a great environment for growing a startup culture is its strong entrepreneurial ethos and lack of restrictions. It’s the kind of place where if you have an idea, no one is going to tell you it can’t be done. Over the last 20 years, I have enjoyed working alongside many who have laid the groundwork for putting Miami’s tech ecosystem on the global technology stage. Now, we are ready to take it to the next level as several of our top tech entrepreneurs have embarked on multiple rounds of creating transformative technologies and thriving businesses.” – Jaret L. Davis, Co – Managing Shareholder of Greenberg Traurig’s Miami Office
“As one of the largest employers in the state, Florida Power and Light Company understands the importance of high-skill job creation. From data centers and life sciences to manufacturing and aviation and aerospace, Florida has the workforce, tax climate and infrastructure to support innovative companies looking to change the world. Alongside state leaders and community partners, the PoweringFlorida team stands ready to help businesses find their next home here.” – Crystal Stiles, Senior Director, Economic Development, Florida Power & Light Company
“A diverse community powered by an entrepreneurial spirit, global perspectives and an array of advantages that accelerate success, it is our people, vision, and commitment to innovation that make Greater Miami a world-class community. Our pro-business climate, strong talent pipeline, and location as a global gateway will continue to provide opportunities for those working to innovate, disrupt and drive transformational change. It’s the energy – the sense of possibility – that draws both global business leaders and entrepreneurs to choose, grow and invest in Miami-Dade; because we are invested in them.” – Michael Finney, CEO & President of The Miami-Dade Beacon Council
“Tourism has such a monumental impact on Greater Miami’s economy, job market, development and brand image,” said William D. Talbert III, CDME, President & CEO, GMCVB. “In partnership with The Beacon Council, our goal is to keep Miami a top destination in both the domestic and international travel markets so we can continue to attract meetings, conventions and events to Miami-Dade County. We are a world-class business location, and by bringing new meetings to the area we help grow our local economy and foster the next generation of entrepreneurs.” – William D. Talbert III, CDME, President & CEO of the Greater Miami Convention & Visitors Bureau (GMCVB)
Thank You To Our BeIn.Miami Partners
The Greater Miami Convention & Visitors Bureau (GMCVB) serves as the official sales and marketing arm for Miami-Dade County. Its mission is to generate travel demand to the destination to maximize economic impact for our community, ensure industry resiliency and elevate the quality of life for residents. Beyond promoting the destination, the GMCVB has helped Greater Miami’s hospitality community navigate challenging crises such as the Gulf Oil Spill, 9/11, Zika, hurricanes and, most recently, COVID-19. It also closely monitors Greater Miami’s travel and visitor profile as a way to gain deeper insights for the hospitality industry.
The GMCVB’s work is critically important since tourism is Miami’s number one job creator, supporting nearly 144,800 jobs annually. Tourism also generates significant tax revenue, saving Miami-Dade County households money in taxes and providing funding for essential services such as transportation and health care.
Visit MiamiandBeaches.com today to learn more.
Greenberg Traurig attorneys provide bespoke strategies for these transitions to enhance the value of corporate relocations to Florida, understanding that each business has unique needs and requirements.
Visit GTLaw.com today to learn more about how we can help you INNOVATE in Miami.
A strong economy is good business for all Floridians, and at Florida Power & Light Company (FPL) we are doing our part to encourage investment and job creation in the state. That’s why we created FPL’s Office of Economic Development – PoweringFlorida. PoweringFlorida provides white glove service to help you navigate complex growth and relocation projects; tools to help you explore Florida communities, discover opportunities and evaluate sites; data and industry trends to help you make informed decisions; and rates and incentives that enhance the state’s position. Visit PoweringFlorida.com and let’s talk about how your business can change the world from Florida.
American Airlines is committed to provide every citizen of the world with the best service of the air travel to the extensive selection of destination possible.
Visit AA.com today to learn more about how we can help you CONNECT in Miami.
As Miami-Dade County’s official economic development partnership, we strive to create a diversified, inclusive economy that supports shared prosperity and long-term growth for all. We focus on job creation and economic growth, providing confidential site selection, regulatory, expansion, and other development services at no cost to companies looking to relocate to or expand in Miami.
Visit BeaconCouncil.com today to learn more about how we can help you BE in Miami.
Explore Miami’s Business Community and Your Place In It
We know Miami inside and out – her best kept secrets, work ethic, relentless optimism, and million-dollar ideas. We understand what drives Greater Miami (and the millions that call her home) because we recognize that passion in ourselves. It’s what brought us here and keeps us here, that openness and palpable energy that inspires innovation, creates opportunities and accelerates growth for individuals, businesses and our community as a whole. We love Miami, and we know you’ll love it too.
The Beacon Council’s team of dedicated experts is ready to partner with you on every step of the economic development process: cultivating target industries that offer our local economy the strongest opportunities for growth; working with businesses that are looking to relocate or expand in a world-class market like; supporting the creation of quality jobs – and ensuring that South Floridians have the tools and training to succeed in them; and helping to shape Greater Miami’s economic future in a way that ensures it continues to be a great place to live, work, and do business.
Complete this form today. Let The Beacon Council and our valued partners help you and your business thrive in Greater Miami.
