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New Miami Blog Insights and Commentary on the Gateway City's Expanding Global Significance

Tag Archives: Latin America

Globalize Miami Series: PortMiami and its Significance to Miami’s Growth

In the weeks ahead, our New Miami Blog will present a series that asks how Miami can become the nation’s premier center for education, innovation and entrepreneurshipin global trade. We will invite PortMiami leadership as well as community leaders in logistics, trade organizations, shipping, real estate, education, finance and technology to share their insights and… Continue Reading

MIA Expansion Indicative of City’s Economic Growth

For signs of economic growth in Miami, look no further than Miami International Airport, or as Miamians call it, “MIA.”  In the past couple of years, MIA has experienced incredible growth. It is recognized as the number one international gateway for the growing U.S. trade with Latin America and the Caribbean. It provides direct passenger service to… Continue Reading

Growing Salaries for South Florida’s High-Tech Workers

South Florida’s burgeoning tech-startup scene has helped catapult the region into one of the nation’s fastest growing high-tech hubs, luring not just innovative entrepreneurs, but all manner of high-tech workers hoping to capitalize on the next big idea as well. The high-tech workers heading to South Florida will be happy to know that this growth… Continue Reading

Miami’s Entrepreneurial Landscape Evolves

Guest blog post written by Seth Werner, Chairman/CEO Harbour Real Estate Corporation. In 2013, Miami raked in about $300 million in venture capital, a staggering jump from previous years. While Miami has always had its fair share of entrepreneurial activity, historically it has had issues with keeping many startups. That’s quickly changing. Contributing to the… Continue Reading

Foreign Investors Still Stimulating Miami’s Real Estate Boom

Miami, once the poster child for the recent housing bubble and subsequent crash, now has the strongest housing market in the U.S. and is one of the exclusive high-end real estate “export” economies in the world. This remarkable transformation is due largely to the huge influx of foreign cash, according to a recent Miami Downtown… Continue Reading

Miami Beach — New Hotbed For Boutique Hotel Deals

No longer are the major hotel flags of the world the only ones taking their talents to South Beach. Boutique hotels are becoming the focus of the Miami hospitality market at a time when investors are pouring millions into Miami real estate. The small boutique hotels that line Collins Avenue and Ocean Drive in Miami… Continue Reading

Miami Finance Forum Panel Addresses Crowd Funding

Bilzin Sumberg was recently involved in eMerge Americas Techweek, a conference dedicated to the burgeoning technology industry and the impact its having in Miami. We are all very excited about the prospect of various startups setting up shop in our global city. Miami Finance Forum has launched an educational series that is of particular value… Continue Reading

ICCA Congress Cements Miami as Arbitration Hub

Every two years the top international arbitration professionals and legal scholars from around the globe gather at the International Council for Commercial Arbitration’s Congress, or “ICCA Congress,” as it is commonly known, to discuss the latest topics and trends in the field. For the first time since the 1980s, the ICCA Congress returned to the… Continue Reading

Miami Now Go-to Destination for International Arbitration: Part 2 of 2

Recently we reported on the creation of an international arbitration court in Miami, and the myriad benefits that it will bring to the local judicial system as well as the many corporations that conduct business in Miami. In this post, we will discuss what kinds of disputes are eligible to be heard by the International… Continue Reading

Miami Now Go-to Destination for International Arbitration: Part 1 of 2

Miami: crossroads of the Americas and, increasingly, Europe and Asia, host city for the 2014 International Council for Commercial Arbitration Congress, site of the Latin American headquarters for countless multinationals and the worldwide base of at least five Fortune 500 companies. And now, home to only the second international arbitration court in the United States… Continue Reading

Tax Planning for U.S. Companies with Latin American Operations

Pass-through structures Many South Florida-based companies conduct business operations throughout Latin America. Typically, these operations are conducted though wholly-owned foreign subsidiaries. With the corporate tax rates in these jurisdictions approaching the highest U.S. federal income tax rates (for example, the corporate income tax rate is 35% in Argentina, 34% in Brazil, and 30% in Mexico), many… Continue Reading

InterContinental Miami Hotel: Evolving Alongside Miami as it Comes-of-Age as a World Class City

This is a guest post by Robert Hill, General Manager of the InterContinental Miami, one of the city’s longest standing hotels in the heart of its urban core. With ties to international trade and commerce, increased sophistication, entertainment and culinary excellence, and its renewal as a domestic and international tourist destination, Miami’s hospitality market is… Continue Reading

South Florida, Prime Destination for Litigants Seeking Evidence in Foreign Proceedings

Foreign civil lawsuits, private arbitrations using § 1782 to facilitate discovery Let’s say you have a client who is a party to an arbitration proceeding pending in Buenos Aires, Argentina. In your investigation of the matter, you discover that an individual living in Miami, Florida, may have critical information relating to your client’s claims. You want… Continue Reading

International Arbitration Involving Latin America in South Florida: Part 2 of 2

In Part 1 of this series, we discussed some of the advantages to conducting international arbitrations in South Florida, including its convenient location and the rules that allow parties to choose their arbitrators regardless of nationality. There are several more advantages: A Similar Culture Not only do many South Florida attorneys speak Spanish and Portuguese,… Continue Reading

International Arbitration Involving Latin America in South Florida: Part 1 of 2

Already a well-established center for commerce and finance involving Latin America, South Florida’s profile as an international arbitration center for commercial disputes involving Latin America has been on a spectacular uptrend. While the range and extent of advantages to conducting international arbitrations in South Florida involving companies from around the globe are vast, the following… Continue Reading

Atlanta Fed Touts Return of Construction Cranes to South Florida

On Thursday, the Federal Reserve Bank of Atlanta reported on the comeback of the construction crane in downtown Miami, touting it as a harbinger of good things to come in the South Florida condominium market. As reported in the Atlanta Fed’s EconSouth, during the peak of the South Florida construction boom, more than 140 cranes… Continue Reading

Unique Provisions in New U.S.-Chile Income Tax Treaty Should Lead to Increased Inbound Investment Once in Effect

Income Tax Treaty Only Third Signed with Latin American Jurisdiction Since the U.S.-Chile Free Trade Agreement came into force in 2004, bilateral trade between these two countries has more than doubled. In fact, according to the Chilean Foreign Investment Committee, the United States is Chile’s second largest goods trading partner overall, and the largest foreign investor in… Continue Reading