Wide streets, warm climate, bright sunshine and a vivid environment- it all comes together at South Florida, one of the liveliest places among the Sunbelt states of the United States. For decades, South Florida has been experiencing a constant elevation in terms of economic development, cultural richness, and making its position among the world’s most prosperous states, with its center fixated at Miami.
Therefore, many entrepreneurs and several foreign investors wish to make Miami as their cornerstone of prosperity. However, gaining license and access to foreign land does require the approval of certain policies and legal procedures. To make sure our Canadian client fulfill their wish of settling at Miami, we at The Accounting and Tax, a well-known Canadian Tax Consulting Service are here to help you to turn your dreams into reality.
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So what makes Miami such a great city to move into?
Miami has always made its place among the top ten cities across the world, in terms of business productivity, financial growth, entertainment, trade sectors, and many more. In a nutshell, this place is a pure goldmine for every investor and entrepreneur. Being regarded as an “Alpha level global city”, Miami proves to be a great venue for both commercial ventures as well as personal lifestyle.
Furthermore, owning assets or properties in the third richest city in the United States is a very profitable investment and the owner could benefit immensely with their market values. Not to forget the warm, sultry, yet comforting climate of Miami that draws hundreds of tourists into this iconic city every year. All in all, Canadians won’t regret shifting to this city full of warmth and life, and we, the Expats Tax Consultants in Miami would love to be a part of it.
Gaining ownership authorization in Miami has several advantages
Miami is one rare city that harbors the unison of every work domain, ranging from pharmaceuticals to tourism, from biotechnology to stock investment. To own a property in Miami adds a great deal of added benefits, as several multinational organization and enterprises have their working bases located in this city. Therefore, gaining license approvals and ownership rights is an absolute essential for shifting at Miami, something that can be easily dealt with the collaboration with International Tax consultancy service in Miami.
Tax rates & other essential info to know before shifting to Miami
The combined sales tax rate for Miami is presently at 7%, which is calculated by combining the tax rate of the county, state and city tax. The sales tax rate at Florida is presently at 4%, and the current sales tax rate for Miami is 1%.
We at The Accounting and Tax, the international tax consultants in Miami, aim to assist our Canadian client in every way possible, from a judicial guidance on obeying tax rules to helping and consulting by our experts, we spare no efforts to ensure that the Canadian snowbirds face no judicial complexities when they shift from Canada to a new town in the U.S.A.