I am considering a move to Miami and want to hear opinions from people that moved there in the past couple years. I have always enjoyed visiting South FL and really enjoy everything the city has to offer in terms of beach/outdoors, weather, real estate career opportunities, etc.
I do have a couple reservations though- mainly the city's obsession of materialistic things and the fact that I do not know much Spanish.
Any insight would be greatly appreciated!
WSO Virtual Bootcamps See all
Popular Content See all
Career Advancement Opportunities
March 2023 Investment Banking
Overall Employee Satisfaction
March 2023 Investment Banking
Professional Growth Opportunities
March 2023 Investment Banking
Total Avg Compensation
March 2023 Investment Banking
Career Resources
Leaderboard See all
| 1 |
|
99.2 |
| 2 |
|
99.0 |
| 3 |
|
99.0 |
| 4 |
|
99.0 |
| 5 |
|
99.0 |
| 6 |
|
98.9 |
| 7 |
|
98.9 |
| 8 |
|
98.9 |
| 9 |
|
98.9 |
| 10 |
|
98.9 |
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Comments ( 10 )
South Beach, bringin' tha heat...
"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
I think the final move will be 5 months Miami (coconut grove), 2 months Europe (courchevel, st tropez) maybe a month in Malibu (or the palisades or the hills), and 3-4 in nyc (soho). Get FL tax residency and the vacations nearly pay for themselves. For the single and low income years NYC makes more sense
How far away are you from that
Probably 4-5 years still unfortunately
Don't live in Miami but personally.. love the city. Can be a bit ratchet at times but I rather be surrounded by that and diversity, than cookie cutter white tech bros 24/7
it can be flashy and materialistic but so what. As long as you're not looking to find a wife there you'll be okay
I lived in Miami for the past three years and can give you some insight. I am a recent grad from UMiami and thankfully, I was a bit fortunate to have parents who supported me so I generally lived a good life as a student.
Post-pandemic, everyone, and their mother moved down to South Florida. Everything suddenly became more expensive. A studio in Brickell costs around $2500-2700 which is crazy. In my freshman year I was renting a studio for a $1500. It is not like New York, nevertheless, still pricey for what we were used to.
As you mentioned, most are materialistic and into showing off their fancy new Rolex or Lambo. Conversations with people are fake, and the first question you will always be asked is "what do you do for a living?". Dating is absolutely impossible. With that being said, you will also be exposed to millionaires who moved from Europe/New York/Cali and who operate huge companies and can be a fantastic networking opportunity. With so many people flocking to South Florida, there is so much money that is being invested in the city. In the past 3 years, there are many brokerage/acquisition companies that have an office here. In regards to Spanish, I can't speak it either but I never had a problem. Most locals can speak a bit of English and you will manage to make it work.
The nightlife is really good and if you are into clubbing or high-end restaurants, you will have a good time. I advise looking at Komodo, The Deck At Island Gardens, and Villa Azur. Clubs like Eleven or LIV are fun too and often you will see celebrities hanging out over there too. The beaches are beautiful and the weather for most of the year is pretty good but it gets really hot in the summer. It also rains a lot in the fall so always have an umbrella with you. Overall, the city is pretty fun and lively but the fakeness and materialism can be a burden at times.
What do you do for a living is the most common first question in nyc too. Is dating worse than nyc? Miami girls are decently hot so figure it would be solid
They are hot but keep in mind, I doubt you will ever find a "wife" down here. Most women are there just to have fun and are looking for something casual. Watch out for the BBLs and the surgeries too.
Has there really been that much of a migration of multimillionaires moving to Miami?
Ditto to everything else though. I absolutely love the city but yeah, if you're looking for dating opportunities / wife - definitely not the place to look for one IMO. One of my best friends did meet his wife who grew up in Miami (in a quiet dating setting, not at a club) when he was there for work for a few months but she even admitted to have outgrown Miami nightlife in her early 20s as she got more career focused and wanted to settle down.
Very materialistic culture that I felt is way worse than what I've seen in NYC . I like to think of Miami as the East Coast LA but without the liberal politics.
Ut cum amet quae occaecati. Et et velit error voluptas dignissimos molestiae eius. In porro itaque eligendi culpa provident quibusdam nulla.
Nihil consequatur et itaque tempora eos. Voluptatem molestiae eaque sit quia quasi asperiores sunt nihil. Tenetur reprehenderit quo est autem.
Provident soluta modi placeat qui. Dolores quos dolores assumenda eum labore ullam. Saepe numquam perspiciatis et quisquam ea. Assumenda sunt inventore architecto libero. Enim libero reprehenderit architecto velit. Repellat ratione aut facilis maxime qui qui. Ut et laudantium eaque facilis quam ab itaque aperiam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...