From retail banking to investing, here's what two local experts had to say about finance in Miami, Florida.
Banking and Finance in Miami, Florida: What do you need to know?
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Miami is a gorgeous city, and the weather is ideal. However, the cost of living is considerable, so you want to procure steady employment before moving here. As a general rule, the further west you live, the cheaper your rent (or mortgage) will be. Entertainment here is top-notch: the restaurants, nightlife, and culture are second-to-none.
If someone wants to move to Miami, they should know how expensive it is to be a homeowner here. The cost of real estate is astronomical and getting progressively worse each year. Anyone who decides to buy or rent property in Miami should have plenty of savings, a solid plan, and good job prospects.
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