By far the largest urban economy in Florida, with a GDP of $344.9 billion, the sunshine state’s finance center also sparkles as a major commercial, cultural, artistic, media driven, entertainment, and international trade center. Listed as an Alpha city, with the world’s third tallest skyline, Miami boasts 300 high-rises. Glittering skyscrapers rising out of the crystal tropical waters of Biscayne Bay serve as the backdrop for many television shows and film projects, as well.
The Port of Miami has been considered the “Cruise Capital of the World” for more than 20 years; it ranks as the busiest port in the world in passenger traffic and cruise line traffic, accommodating most of the largest cruise ships and operations. More international tourists visit Miami than any other US city, except New York.
Hosting one of the largest concentrations of international banks in the US, the “cleanest American city” is home to a broad spectrum of national and international companies, including Bacardi, Burger King, Celebrity Cruises, Carnival Corporation, Norwegian Cruise Lines, Royal Caribbean Cruise Lines, Espirito Santo Financial Group, Oceana Cruise Lines, Telemundo, Univision, US Century Bank, and Perry Ellis International, among others. Due to its location, near Latin American countries, Miami functions as the headquarters for more than 1,400 multinational companies, such as Microsoft, AIG, Disney, American Airlines, Exxon, FedEx, WalMart, Yahoo, Sony, Visa International, Symantec, Cisco, Oracle, and SBC Communications. With more than 82,000 small businesses accounting for 53.3% of Miami-Dade’s workforce, South Florida’s economy lends itself to the growth of businesses in any industry.