Essentials

πŸ™οΈ City Miami is a coastal city located in the southeastern part of the United States, known for its cultural diversity and vibrant nightlife.
πŸ‘₯ Population Approximately 467,000 residents
πŸ’» Internet Speed Average download speed of 109 Mbps
πŸ’Έ Currency & Banking Currency is USD; major banks include Bank of America, Wells Fargo, and Chase.
🚰 Tap Water Safe to drink
πŸ”Œ Power 120V, 60Hz, Type A/B sockets
πŸ“Ά SIM Card Major providers include T-Mobile, AT&T, and Verizon offering 4G/5G services.
πŸ’³ Banking for Expats Popular options include HSBC and Charles Schwab for international banking needs.
πŸ›Œ Accommodation Options include Airbnb, Vrbo, and localized rental services such as Rent Miami.
πŸ’³ Cashless Friendly Yes, credit/debit cards are widely accepted throughout the city.
🏠 Short Term Rentals Platforms like Airbnb and Booking.com provide a variety of short-term rental options.
πŸ›οΈ Budget Accommodation Hostels like Freehand Miami and Generator Miami offer affordable lodging.

Working and Networking

🏒 Best Coworking Space WeWork (Downtown Miami) offers excellent facilities for remote work.
β˜• Best Cafe for Work Panther Coffee is a popular spot for remote working with strong Wi-Fi and great coffee.
πŸ’Ό Networking Events Tech Meetups and Startup Miami are regularly hosted at various locations.
πŸ₯‚ Social Events for Expats Miami Expats Facebook group organizes various events for networking.

Transportation

πŸš• Best Taxi/Ride App Uber and Lyft are the most commonly used ride-hailing apps.
🚲 Bike/Scooter Rental Lime and Bird provide electric scooter rentals; Citi Bike offers bicycle rentals.
πŸ–οΈ Best Beach Nearby South Beach is located just minutes away and is very popular.
✈️ Top Regional Airline Silver Airways operates regional flights.
✈️ Top International Airline American Airlines offers extensive international flights from Miami International Airport.
πŸ›£οΈ Highway Access Major highways include I-95 and I-75, providing easy access to neighboring cities.
πŸš‰ Main Train/Transit Hub Miami Central Station serves as the primary hub for trains and regional transit.
🚍 Public Transport Passes The EASY Card offers reduced fares for public transport usage.
✈️ Regional Travel Greyhound and Megabus offer connections to nearby cities.

Health and Wellness

πŸ₯ Best Hospital Jackson Memorial Hospital is a leading healthcare facility in the area.
🧘 Yoga & Wellness Centers Yoga Miami Beach offers various classes and wellness programs.
πŸ‹οΈ Gyms & Fitness Centers LA Fitness and 24 Hour Fitness have locations throughout Miami.
🧺 Laundry Services Wash & Fold Miami provides laundry services in various neighborhoods.

Food and Drink

πŸ“± Best Food Delivery App UberEats and DoorDash are the most popular food delivery services.
🍽️ Best Local Dish to Try Try the Cuban Sandwich, a beloved local specialty.
🍱 Vegan/Vegetarian Options Planta South Beach offers a diverse vegan menu.
🍫 Best Dessert Spots David's Cafe offers excellent Cuban desserts and pastries.
πŸ›’ Affordable Shopping Spots Mandrake Restaurant & Market provides fresh fruits and local products at reasonable prices.
πŸ›’ E-commerce/Online Store Amazon operates efficiently in the region for online shopping needs.
πŸ›’ Grocery Delivery Instacart provides grocery delivery from local stores.
🍸 Bar/Nightlife Area Wynwood and South Beach are renowned for vibrant nightlife.
🍻 Local Brewery Wynwood Brewing Company offers local craft beer.
🍷 Wine Bars The Anderson serves a great selection of wines and cocktails.
🍲 Street Food Stalls Food trucks at Wynwood and South Beach offer diverse street food.
πŸ• Popular International Cuisine Estancia offers excellent Argentinian dishes.

Culture and Attractions

🎟️ Must-See Landmarks Visit the iconic Art Deco Historic District.
πŸ›οΈ Museums & Art Venues The PΓ©rez Art Museum Miami (PAMM) showcases contemporary art.
🏰 Historical Sites Vizcaya Museum and Gardens offers a glimpse into Miami's history.
πŸ• Religious Sites The Freedom Tower is a significant historical site of Cuban immigration.
πŸŽ‰ Annual Events Art Basel Miami Beach, held every December, attracts global attention.
🎨 Cultural Districts Little Havana is vibrant with Cuban culture and traditions.
🎭 Theater Venues The Adrienne Arsht Center hosts a variety of performances.
πŸ›οΈ Local Markets The Homestead Farmers Market features local produce and goods.
🎼 Music Scene Clubs such as LIV and Story are well-known for nightlife and music.
🎨 Street Art Wynwood Walls is a famous outdoor museum featuring street art.
πŸ§‘β€πŸ³ Cooking Classes The Real Food Academy offers cooking classes for all levels.
πŸ‘©β€πŸŽ¨ Art Galleries Nina Johnson Gallery showcases contemporary art.
πŸ•°οΈ Historic Buildings The Miami Beach Convention Center is an architectural landmark.
🏴 Local Heritage The history of Miami is deeply influenced by its Cuban-American population.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Everglades National Park is a short drive away for stunning natural scenery.
🏞️ National Parks Nearby Biscayne National Park offers beautiful marine ecosystems.
🚲 Cycling/Walking Paths The Miami Beach Boardwalk is great for biking and walking.
πŸŒ„ Scenic Viewpoints The Venetian Causeway offers picturesque views of the city.
πŸ¦‰ Birdwatching Locations The Everglades provides excellent opportunities for birdwatching.
πŸ”₯ Bonfire-Friendly Spots North Beach has designated fire pits available.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service FedEx and UPS provide reliable parcel delivery services.
πŸ› οΈ Tech Repair Services Best Buy and local shops like Phone Repair Miami offer device repairs.
πŸ“ Table Tennis Spots Miami Table Tennis Club provides facilities for enthusiasts.
πŸ§‘β€πŸ« Language Classes Miami Dade College offers various language courses.
πŸ“š Libraries & Study Spots The Miami-Dade Public Library System has multiple branches with study areas.
🏘️ Community Centers The Miami Beach Community Center hosts various events and programs.
πŸ•ΉοΈ Gaming Lounges The Game Room in Wynwood is a popular spot for gamers.
🎰 Casino & Gaming Halls Seminole Hard Rock Hotel & Casino offers gaming entertainment.

Business

🏒 Studio Purchase Price (City Center) Approx. $400,000 for a studio apartment in downtown Miami.
🏒 Studio Purchase Price (Outside City) Approx. $300,000 for a studio apartment in suburban areas.
🏠 1-Bedroom Purchase Price (City Center) Approx. $500,000 for a 1-bedroom apartment in central Miami.
🏠 1-Bedroom Purchase Price (Outside City) Approx. $375,000 for a 1-bedroom apartment outside the city center.
🏑 2-Bedroom Purchase Price (City Center) Approx. $600,000 for a 2-bedroom apartment in central locations.
🏑 2-Bedroom Purchase Price (Outside City) Approx. $450,000 for a 2-bedroom apartment in suburban regions.
πŸ’Ό Corporate Tax The corporate tax rate is currently 5.5% in Florida.
πŸ’΅ Dividend Withholding Tax Federal rate of 15%-20%, depending on income level.
🏦 Tax System Florida has no state income tax, making it favorable for residents.
πŸ“ˆ Highest Income Tax Bracket Federal maximum personal income tax rate is 37%.
🧾 VAT Florida sales tax is 6% plus local options.
🌐 Controlled Foreign Company (CFC) Rules Federal rules regulate U.S. CFC taxation.
🏠 Property Tax Property taxes vary by county; Miami-Dade has a rate around 2.0%.
🏠 Property Transaction Tax There is no transaction tax in Florida for property purchases.