Miami’s growing international economy, and tax breaks for new businesses, investing in real estate in Miami (or selling your property) is making a lot more sense– especially considering that WalletHub just listed four South Florida cities on its 2014 list of best cities to start a business/startup. It’s no wonder that so many wealthy foreigners are sending their twenty-something year old kids (and setting them up with fabulous apartments) to unleash their creativity and work on their startups. I don’t doubt that the next Zuckerberg will be borne out of South Florida.
Out of 150 U.S. cities, Miami ranked No. 87 on the list for best places to start businesses, followed by Pembroke Pines ranted at No. 63, followed by Ft. Lauderdale was placed at No. 86.
WalletHub’s analytics used metrics based on affordability of office space, educational background and local labor force.
My Miami based social media marketing agency, Eco Press, is currently working with several startups, and I am so excited to see what the young techie minds flocking to Florida will come up with. Here’s to the next ‘big one!’