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Nomad Score: 65%

Essentials

🏙️ City Miami is a vibrant city known for its cultural diversity, beautiful beaches, and a lively nightlife.
👥 Population Approximate population is 467,000.
💻 Internet Speed Average internet speed is around 150 Mbps.
💸 Currency & Banking 1 USD is the primary currency used; ATM services are widely available.
🚰 Tap Water Drinkable.
🔌 Power 120V, 60Hz, 🔌 Type A/B sockets.
📶 SIM Card Major providers include AT&T, T-Mobile, and Verizon.
💳 Banking for Expats Popular options include Chase, Bank of America, and online banks like Revolut.
🛌 Accommodation Variety of options including Airbnb, local properties, and long-term rentals.
💳 Cashless Friendly Yes, cards widely accepted, especially in urban areas.
🏠 Short Term Rentals Airbnb and Vrbo are popular for short-term rentals.
🛏️ Budget Accommodation Hostels like Freehand Miami and HI Miami Beach Hostel.
🏙️ Best Area to Stay for Tourists South Beach is recommended for tourists due to its attractions and nightlife.
🏙️ Best Area to Stay for Digital Nomads Wynwood and Brickell are popular areas for digital nomads due to coworking spaces and cafes.

Working and Networking

🏢 Best Coworking Space WeWork in Brickell is highly rated and offers a vibrant environment.
Best Cafe for Work Panther Coffee in Wynwood provides a great atmosphere for work.
💼 Networking Events Meetup groups in Miami often host networking events focused on tech and entrepreneurship.
🥂 Social Events for Expats Facebook groups like Expats in Miami are good for finding community meetups.

Transportation

🚕 Best Taxi/Ride App Uber and Lyft dominate the rideshare market.
🚲 Bike/Scooter Rental Lime and Bird offer electric scooters for easy transport around the city.
🏖️ Best Beach Nearby South Beach is the closest and most popular beach.
✈️ Top Regional Airline Spirit Airlines and JetBlue operate regionally.
✈️ Top International Airline American Airlines and Delta are major international carriers.
🛣️ Highway Access I-95 and US-1 provide great access to the region.
🚉 Main Train/Transit Hub Miami Central Station serves as the main hub for regional rail services.
🚍 Public Transport Passes The Miami-Dade Transit pass provides unlimited rides on buses and Metrorail.
✈️ Regional Travel Tri-Rail services connect Miami to Fort Lauderdale and West Palm Beach.

Health and Wellness

🏥 Best Hospital Jackson Memorial Hospital is a leading healthcare facility.
🧘 Yoga & Wellness Centers Yoga Studios include Green Monkey in South Beach.
🏋️ Gyms & Fitness Centers LA Fitness and Equinox are popular gym options.
🧺 Laundry Services Laundry on the Go services are widely available.

Food and Drink

📱 Best Food Delivery App UberEats and DoorDash are the most popular food delivery services.
🍽️ Best Local Dish to Try Cuban sandwich is a must-try local dish.
🍱 Vegan/Vegetarian Options Planta South Beach offers a range of vegan dishes.
🍫 Best Dessert Spots Zoe's Cafe is known for its delectable pastries.
🛒 Affordable Shopping Spots Wynwood Market offers various budget-friendly food options.
🛒 E-commerce/Online Store Amazon is widely used for online shopping.
🛒 Grocery Delivery Instacart and Amazon Fresh offer grocery delivery services.
🍸 Bar/Nightlife Area Wynwood and South Beach are popular nightlife destinations.
🍻 Local Brewery Wynwood Brewing Company offers local craft beers.
🍷 Wine Bars The Wine Vault is a quaint spot for wine enthusiasts.
🍲 Street Food Stalls Food trucks in Wynwood offer a diverse range of street food.
🍕 Popular International Cuisine Area 31 serves a notable seafood-inspired international menu.

Culture and Attractions

🎟️ Must-See Landmarks The Art Deco Historic District and Little Havana are must-visit.
🏛️ Museums & Art Venues The Pérez Art Museum Miami (PAMM) showcases contemporary art.
🏰 Historical Sites The Vizcaya Museum and Gardens reflect Miami's history.
🕍 Religious Sites The Miami Beach Hebrew Congregation is a key landmark.
🎉 Annual Events Miami Art Week and the South Beach Wine & Food Festival attract large crowds.
🎨 Cultural Districts Wynwood Walls is a vibrant area filled with street art.
🎭 Theater Venues The Adrienne Arsht Center for the Performing Arts hosts major shows.
🛍️ Local Markets The Brickell City Centre has a vibrant market area.
🎼 Music Scene The Fillmore Miami Beach hosts popular concerts and music events.
🎨 Street Art Wynwood Walls features large murals and street art from international artists.
🧑‍🍳 Cooking Classes The Real Food Academy offers cooking classes for all levels.
👩‍🎨 Art Galleries Locust Projects showcases innovative contemporary art exhibitions.
🕰️ Historic Buildings The Freedom Tower is a significant historical structure.
🏴 Local Heritage The influences of Cuban culture are prominent throughout Miami.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Everglades National Park is a short drive away for nature lovers.
🏞️ National Parks Nearby The nearby Biscayne National Park offers beautiful coastal views.
🚲 Cycling/Walking Paths The Rickenbacker Causeway provides scenic views for walkers and cyclists.
🌄 Scenic Viewpoints South Pointe Park offers stunning views of the ocean.
🦉 Birdwatching Locations The Bill Baggs Cape Florida State Park is great for birdwatchers.
🔥 Bonfire-Friendly Spots Certain areas of Virginia Key Beach allow for bonfires.

Other Services and Amenities

📦 Parcel Delivery Service UPS and FedEx provide reliable delivery services.
🛠️ Tech Repair Services Best Buy and local shops like Tech repairs Miami offer gadget repairs.
🏓 Table Tennis Spots The Miami Table Tennis Club provides excellent facilities.
🧑‍🏫 Language Classes Miami Dade College offers various language courses.
📚 Libraries & Study Spots The Miami-Dade Public Library System has multiple locations for studying.
🏘️ Community Centers The Miami Beach Community Center hosts various events.
🕹️ Gaming Lounges The Arena Gaming Center is popular for esports enthusiasts.
🎰 Casino & Gaming Halls The Casino at Dania Beach offers numerous gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. $4,500 per m² (e.g., 50 m² = $225,000)
🏢 Studio Purchase Price (Outside City) Approx. $3,000 per m² (e.g., 50 m² = $150,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $5,000 per m² (e.g., 60 m² = $300,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $3,800 per m² (e.g., 60 m² = $228,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $5,800 per m² (e.g., 80 m² = $464,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $4,200 per m² (e.g., 80 m² = $336,000)
💼 Corporate Tax 5.5% corporate tax rate applicable in Florida.
💵 Dividend Withholding Tax No state-level dividend withholding tax.
🏦 Tax System No state income tax for residents.
📈 Highest Income Tax Bracket Florida has no income tax.
🧾 VAT Florida has a state sales tax of 6%.
🌐 Controlled Foreign Company (CFC) Rules Yes, Florida follows federal regulations.
🏠 Property Tax Average property tax rate in Miami-Dade County is around 2.2%.
🏠 Property Transaction Tax No transfer tax in Florida, but documentary stamp tax applies.
💻 Attractive Tax System for Digital Nomads No state income tax offers attractive benefits for digital nomads.

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