The opportunity has not only become obvious for entrepreneurs, but is also increasingly notorious for big companies that still make Miami their LatAm headquarters. Several companies are landing every week as Miami regains the title as a regional hub, and also as one of the most important platforms to serve the growing Hispanic power in the U.S.
Companies such as Google, Twitter, Facebook, Uber, Lyft and Vice have moved to Miami, along with new investors hungry for this opportunity. “Miami is the perfect place to start or grow your business, specially if you are interested in an international venture,” said Laura González-Estéfani, Director of Partnerships & Mobile LatAm for Facebook based in Miami.
González-Estéfani recognizes Miami as a hub for the Americas and Europe because the tech community is hungry for making new things happen. “There is talent, there is support from the institutions and private initiatives that are focused on boosting innovation, and there is an incremental interest from VCs and business angels for innovative projects.”
There are currently 139 startups and companies on the Inc. 5000 list that are based in the Miami metro area, doing everything from media to tourism to health tech. Another great incentive for firms coming to the city has to do with Miami’s tax advantages where there are no local or state income taxes, and Florida’s corporate tax is 5.5 percent, one of the nation’s lowest.