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Premium Analysis | Report #MIA-2024-Q4

Miami, USA

Executive Nomad HQ Report

Last Updated

December 31, 2024

Next revision: Q1 2025

Executive Summary

Cost Index

98

vs 100 US baseline

Quality Score

8.5/10

Nomad satisfaction

US Timezone

100%

EST domestic

EU Timezone

37%

5h difference

Internet Grade

A+ Exceptional infrastructure

Overall Rating

A Excellent HQ

Director's Briefing

Strategic Analysis | Q4 2024

Miami has transformed into the Americas' gateway for remote executives, positioning itself as the bridge between US business and Latin American markets. The city's tech ecosystem has exploded post-2020, with significant VC migration from SF/NYC. Brickell, Wynwood, and Miami Beach anchor distinct professional and lifestyle zones. Zero state income tax matches Austin's advantage.

Infrastructure reflects international hub status: gigabit fiber available 90%+ in core areas, coworking scene includes WeWork, Pipeline (local tech hub), and 50+ options. Zero visa considerations for US citizens, with exceptional LatAm flight connectivity for regional business. Direct flights to every major US city plus extensive international network.

Key consideration: Hurricane season (June-November) requires awareness and preparation. Cost of living has increased significantly post-pandemic, particularly in waterfront areas. Our recommendation: prioritize Brickell for professional density or Wynwood for creative tech scene. Consider hurricane insurance and building construction quality when selecting long-term housing.

Key Metrics Dashboard

Data as of Dec 2024

Cost of Living

Monthly

$3,600

+12% Comfortable lifestyle, Brickell

Avg Internet

Speed

425 Mbps

+18% Gigabit fiber available 90%+

Coworking

Daily

$38

50+ spaces city-wide

Visa Complexity

Domestic
A+ None

No visa for US citizens, domestic baseline

Safety Index

2024

65 /100

Stable Varies by neighborhood, tourist areas well-patrolled

Nomad Community

Active

35K+

+40% Massive tech, finance, and crypto scene

Timezone Overlap Analysis

Business hours overlap (9AM-6PM local)

Miami: EST (UTC-5)

US West Coast

PST (UTC-8) | 3 hour difference

75%

6 hours overlap

Overlap: 11AM-6PM Miami = 8AM-3PM PST

US East Coast

EST (UTC-5) | Same timezone

100%

Full alignment

Complete business hours alignment

London, UK

GMT (UTC+0) | 5 hour difference

37%

3 hours overlap

Overlap: 9AM-12PM Miami = 2PM-5PM GMT

Singapore

SGT (UTC+8) | 13 hour difference

0%

No overlap

No standard business hours overlap

Mumbai, India

IST (UTC+5:30) | 10 hour 30 minute difference

0%

No standard overlap

Limited overlap with India business hours

Sydney, Australia

AEDT (UTC+11) | 16 hour difference

0%

No standard overlap

Limited overlap with Australia business hours

Infrastructure Assessment

Detailed Analysis
Category Rating Assessment Trend

Coworking Spaces

Density & quality

A+ 50+ spaces including Pipeline (local tech hub), WeWork (6 locations), Lab Ventures. Premium concentration in Brickell financial district. Expanding

Work-Friendly Cafes

WiFi & laptop policy

A Strong specialty scene. Panther Coffee, All Day, Vice City Bean lead quality segment. AC essential for productivity. Strong

Internet Reliability

Uptime & consistency

A+ 99.8% uptime. AT&T Fiber and Xfinity provide gigabit options. 5G mobile backup widely available. Excellent

Housing Availability

Rental market access

B Competitive market with high prices. 3-4 week lead time recommended. New construction providing some relief. Tightening

Expert Advisory: Tax Optimization

Florida offers zero state income tax, creating significant savings for high-income remote workers compared to California or New York. Miami's international connectivity adds optionality for global business.

Recommended Solution:

For remote workers from high-tax states, establishing Florida residency requires 183+ days presence and domicile intent. For international business operations, Deel and Remote.com can facilitate compliant multi-jurisdictional employment as you scale LatAm operations.

Note: This is general guidance. Consult with a qualified tax advisor for your specific situation.

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