Before deciding to invest in Miami, it's always good to know a little more about the city and the possibilities it offers. The Barnes team has put together a summary for you to know everything about Miami.
Let's start at the beginning: Miami is a US coastal city located in the state of Florida at the Miami River Estuary. It is a world-class financial and cultural center. With an agglomeration of more than 5,500,000 inhabitants, it is the 8th largest city in the United States.
Miami, a little history
It was the Tequesta Indians who first populated the shores of the Miami River, an Indian word meaning "fresh water". In 1513, Spanish conquistador Juan Ponce de León discovered Biscayne Bay, but it was not until the early 1800s that many European settlers settled in the area. Following the Second Seminole War (1835-1842), the civilian population was evacuated and it was not until the end of the conflict that William English founded the Village of Miami on the south bank of the river. A few years later, the village becomes the chief town of the county.
Julia Tuttle, a wealthy businesswoman, squeezes the potential of the region and decides to plant a large plantation of lemons. She will devote her life to the development of the city of Miami, supported by William Brickell. In 1896, they persuaded Henry Morrison Flagler to connect Miami to his railway line, the Florida East Coast Railway. It's also Flagler opening the first luxury hotel in Miami. The city then undergoes an important development, which is not only turned towards agriculture but also towards tourism.
In the 1920s, the city of Miami decided not to implement Prohibition, which earned it an impressive demographic boom, increasing its population from 30,000 to 200,000 people.
Miami, symbol of multiculturality
Miami is a very cosmopolitan city with residents from around the world, including from Latin America, to the point where the city adds Spanish and Creole to official languages, in addition to English. Miami is synonymous with diversity and it is also reflected in cultural life, for example the offer of restaurants where all the cuisines of the world are represented.
Miami, a way of life
As everyone knows, Miami is a city where life is good. The tropical climate has made Miami a city where the sun shines all year round. With hot, humid summers and mild, dry winters, Miami has seen lush tropical vegetation grow in every street and park in the city.
But the afternoons on the beaches of South Beach are not the only activities to do in Miami. The cultural life is dynamic and varied and a multitude of activities are available to you.
A dynamic economy
Miami first experienced a development based on agriculture, including citrus. The city then turned to tourism, thanks to its geographical position and its advantageous climate. It has become one of the favorite seaside resorts of the international jet-set.
The city has also opened up to international trade, particularly with Europe and Latin America, so much so that Miami is nicknamed the "Gateway of the Americas". The pharmaceutical, technological, chemical and fisheries sectors have developed, as has the financial sector. The port of Miami, which gives access to more than one hundred sea lanes, ranks in particular 1st worldwide for passenger cruises.
Miami or "the Magic City" is magical in that it offers an undeniable quality of life, while enjoying exceptional economic development. This is the perfect place to invest!