Category: #MIAMI NEWS

For several years, Miami has attracted a growing number of investors and of expatriates French people attracted by its dynamism, its living environment and its real estate opportunities. The " the Magic city » continues to fascinate with its unique blend of cosmopolitan atmosphere, attractive tax conditions and exceptional quality of life.

What opportunities encourage the French to expatriate or invest in Miami?

French investors see these opportunities as a way to diversify their heritage. They benefit from a yield rental attractive thanks to a request constant, local and international. No tax on income in Florida is an additional advantage, making the investment even more attractive.

Beyond the financial aspects, Miami seduces with its exceptional living environment. Its tropical climate, with more than 300 days of sunshine per year, its white sandy beaches and its festive atmosphere make it a dream destination for many French people looking for a new start or a second home.

The city also offers a booming gastronomic scene, influenced by Latin and European cultures, as well as a lively cultural life with numerous museums, art galleries and international events like Art Basel.

Additionally, for sports and outdoor recreation enthusiasts, Miami is a real paradise, offering various activities such as golf, sailing, diving or even paddle boarding along its countless canals.

The tax aspect is also a strong argument for French investors and entrepreneurs. Florida, unlike France, does not impose income tax at the state level, which is a considerable advantage for residents and investors.

The American legal framework also offers a great flexibility to manage its assets. The transmission and tax optimization are facilitated there. Many French business leaders choose Miami to create or develop their company. Miami benefits from a prosperous economic environment and a dynamic tax system.

The presence of a large and well-established French-speaking community in Miami reassures French people wishing to settle there. Numerous services, shops and establishments French-speaking schools facilitate the integration of expatriates and their families. Prestigious schools, such as the International Studies Charter School, provide children with a quality bilingual education.

Many entrepreneurs, restaurateurs and French-speaking professionals are present in Miami. Their dynamic network creates numerous business opportunities and cultural exchanges.

Miami attracts investors and their families, but also attracts a new generation of French entrepreneurs and digital nomads. With the rise of telework, it has become a real hub for start-ups and independent workers.

Its modern infrastructure promotes innovative companies while offering a lower cost of living than Silicon Valley. Its strategic positioning allows privileged access to the North and South American markets. Innovation and entrepreneurship are valued. Many coworking spaces, incubators and events support new technologies and international business.

Whether for a real estate investment, an expatriation or a exceptional living environment, Miami has seduced many French people. Its sunny climate and its many economic opportunities make it a destination unavoidable for those in search of new perspectives.

Barnes International Realty Miami guides French investors and expatriates at every stage of their real estate project. The agency offers expert advice and some exceptional properties tailored to their needs and aspirations.

Florida has always been a leading destination for sun-seeking travelers: Magnificent beaches, vibrant culture… In 2023, the Sunny State has consolidated its status as the leading national tourist destination with 129 million visitors. This remarkable achievement places Florida at the top of U.S. travel destinations, surpassing all other states.

The Numbers Speak for Themselves

Florida's tourism industry has shown resilience and strong adaptability. Florida has bounced back stronger than ever after the pandemic. The impressive number of visitors in 2023 underlines the attractiveness of Florida and the effectiveness of its tourism strategies. This influx of tourists is not just a testament to Florida's attractions. It helps boost its economy, creating jobs and supporting local businesses.

Why Florida?

1. Diverse Attractions

• Beaches and Natural Beauty: From the shores of Miami Beach to the tranquil beauty of the Florida Keys, the state offers a myriad of coastal experiences. Nature enthusiasts can explore the Everglades, while adventurers can enjoy the springs and forests scattered throughout the state.
• Theme Parks: Florida is home to world-famous theme parks. Walt Disney World, Universal Studios and Busch Gardens. These parks attract families and thrill-seekers from all over the country, providing unforgettable experiences.
• Cultural and Historical Sites: Florida's rich history is revealed in places like St. Augustine, the oldest city in the United States. And also in cultural hubs like Miami, with its vibrant arts scene and multicultural festivals.

2. Ideal Climate

• Florida's warm, sunny climate is a major draw for tourists. Particularly those from colder regions looking to escape harsh winters.

3. Accessibility

• With numerous international airports and a well-developed transportation infrastructure, getting to and around Florida is convenient for travelers.

4. Events and Festivals

• Florida hosts a huge range of events throughout the year, from the Miami Art Basel to the Daytona 500, there's always something exciting to do!

Economic impact

Tourism is a pillar of Florida's economy. The influx of 129 million visitors in 2023 has had a profound impact:

• Job creation : The tourism industry supports a large number of jobs in hospitality, retail, transportation and entertainment.
• Revenue Generation: Increased tourism contributes significantly to state and local revenue through taxes and spending on lodging, dining and attractions.
• Boom Real Estate: The appeal of the Florida lifestyle also translates into a robust real estate market, with many tourists deciding to invest in vacation or permanent homes.

Whether you're a first-time visitor or a seasoned traveler, Florida promises an unparalleled experience. So, pack your bags and find out why millions of people have chosen the Sunshine State as their ultimate vacation destination.

In just a few days, the streets of Miami will vibrate with the sound of engines and the shouts of the crowds. This is the third consecutive year that the city has hosted the Formula 1 Grand Prix. This event aims to celebrate the speed, talent and innovation of motor racing. It promises to bring new doses of excitement to the global F1 scene as well as to the city of Miami.

Tradition and modernity

A unique show at the Miami Grand Prix

The economic impact of the Miami grand prix

Beyond the excitement of the race itself, the event promises to have a strong impact on the city's economy. The race attracts people from all over the world and will help stimulate local businesses. This is an opportunity to highlight the cultural diversity of Miami. 

“Visitor spending in the Greater Miami region during race week reached more than $195 million and total attendance increased by nearly 15% in 2023, highlighting Miami's place on the calendar as a race destination. »

The Miami Grands Prix brought in nearly $800 million to the region between 2022 and 2023

This 2024 edition is a new opportunity for the tourism, hotel and catering sectors as well as retail businesses to benefit from the spending of these visitors who have a positive impact on the development of the city's economic ecosystem. 

This is an opportunity to demonstrate the attractions of the magnificent city of Miami to visitors who in the future may become residents potential.

While the countdown has already started, the city continues to prepare in order to best welcome spectators this weekend. Whether you are an enthusiast or a novice, the Miami Grand Prix promises to provide an unforgettable experience for all those lucky enough to attend. Prepare to experience a magical moment and for the city to live to the rhythm of the competition during these 3 days of spectacle. 

“Mercedes-Benz Places, a 67-story building in Brickell planned for 2027.”

Two months after unveiling its inaugural real estate project in Dubai, Mercedes-Benz is strengthening its presence in the luxury residential space by extending its influence to the United States.

In partnership with JDS Development Groups, the German automaker is undertaking the construction of Mercedes-Benz Place. A 67-story mixed-use tower in the heart of Miami's vibrant Brickell neighborhood. This impressive complex will span over 2.5 million square feet and house 791 private residences.

From $550 000

Unit prices will start at 550,000 $ for studios and reach up to $4 million for three-bedroom apartments. As for details on the penthouses, they will be revealed at a later date, adding an extra touch of excitement to this exceptional project.

200,000 sqft of offices

In addition to luxurious condominium residences, this impressive business will include 200,000 square feet of office space. It also plans high-end health and wellness facilities, as well as a 174-key hotel and retail boutiques. To top it off, on-site parking will also be available to accommodate the needs of residents and visitors.

When it comes to its overall aesthetic, Mercedes-Benz is committed to imbuing every aspect of the building with its distinctive design. Specifically, the luxury car maker announced that the cubic structure would reflect the company's design philosophy of "sensual purity," characterized by flowing lines and a profusion of shimmering silver tones. This aesthetic approach aims to create a captivating visual experience that embodies the very essence of the Mercedes-Benz brand.

Construction of this iconic tower is already underway and the move-in date is scheduled for 2027.

Greater Miami & Miami Beach plays host to a stellar lineup of annual events and festivals offering visitors and locals alike exciting things to do year-round.

Ranging from music, sports, art or food, there is something for everyone.

Read the article.

The key to putting together the best itinerary for Art Basel Miami Beach: making sure you hit up a little bit of all the week has to offer.

There’s the art of course, both at Art Basel Miami Beach itself as well as several fairs, and openings scattered across the city in galleries, museums, and open sky installations in certain areas. Then there’s the fashion parties, the photography exhibitions, the unveiling of new high-end concept, the open bars, some private dinners, etc.

Read the article.