NEWS! New York City’s financial district is moving to Miami. With the appeal of lower taxes, cost of living, gorgeous weather, beaches, and a number of other advantages that south Florida has over the icy Northeast, it’s no wonder that Miami is booming with finance and business. It’s no accident that Miami has become the second largest financial hub in the United States, right behind Manhattan. The city has a very finance-friendly atmosphere, and the Miami Downtown Development Authority is working hard to attract more bankers and business people. The Authority has even launched the DWNTWN campaign to attract more finance business to the city. More and more investors, bankers, and financiers are moving to Miami, and not just the little guys, either. Founder of Universa Investments, Mark Spitznagel has moved his business south, stating that Miami provides the perfect environment for Universa to expand and thrive. Spitznagel isn’t the only one, either. Rumor has it that Leon Black and Lloyd Blankfein have also recently purchased condos in the Miami area. So what sets Miami apart from anywhere else in the world? Let’s take a closer look at some of the city’s many attributes. Lower Taxes Mean Better Profits Florida doesn’t have any capital gains taxes, individual income taxes, or estate taxes. That means, when you do business in Florida, you keep more of the money that you earn. When hedge funds are based in Florida, they can expect to pay a significantly lower tax rate, as they’ll only have to pay the federal government, rather than both state and federal, in these areas. More Space to Stretch Out Everyone knows that real estate prices in New York City are at a premium everywhere you go. People who, anywhere else in the country, would be able to afford to live in a full-sized house with a yard, cram themselves into shoebox apartments with multiple roommates. In Miami, investors and business people can afford spacious condos or houses (view Miami condos for sale here) that are close to both work and play. In addition to this, Miami’s cost of living is a full 10 percent lower than the cost of living in New York. Don’t Forget the Weather While everyone on Wall Street is bundled up in layers upon layers for six months out of the year, in southern Florida, the weather is almost always sunny and perfect. The average temperature for the area, all year round, is a balmy and comfortable 76 degrees Fahrenheit. Luxury Galore to Impress Clients and Investors If you’re looking for a place to take your clients and investors to impress them, you’ll have all kinds of options. Miami is packed with the hottest nightclubs in the country and the best five-star restaurants in the world. Better yet, the city boasts the largest port in the world. October through March is the prime season for yacht parties, charities, and benefits. When you entertain your guests and investors, you can take them away from their winter woes and out on a luxurious cruise with a warm wind in their faces. Your clients and investors won’t ever want to go home. Chances are, they’ll want to move to Miami, too. To view all currently available properties in Miami please adizilberberg #realestate #homes #housing#mortgage #realtor #realtors #foreclosure #mortgages #condos #brokers #realestate #realtor #land #realestate #realestatemiami #condos #housing #new listings #miamifl #apartmentsforsalemiamifl #housesforsalemiamifl #MiamiflRealEstate #buyingahome #miamiflhomesforsale #miamiflcondosforsale #miamiflrealtors #buyinghomemiamifl #MiamiflRealEstateAgent #miamiflrealtor #miamiflmls #miamiflmlslistings #miamiflhomes #miamiflcondos #realestatemiamifl #realestateagentmiamifl #realtormiamifl #miamifllofts #loftsmiamifl #townhomes #realestatemiamifl
Posted on: Tue, 18 Mar 2014 20:48:54 +0000
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