Florida: The New Hotspot for Entrepreneurs and Wealth
Why the Sunshine State is Booming (and how you can benefit)
Florida is no longer just a place for sun, sea, and vacations. The state is rapidly becoming the epicenter of entrepreneurship, investment, and new opportunities. More and more entrepreneurs and investors are heading to the Sunshine State—and according to top CEOs, this is just the beginning.
Explosive Growth: Numbers That Speak
Between 2019 and 2024, Florida’s gross domestic product (GDP) grew by more than 21%. That’s nearly double the U.S. average! In 2023 alone, 503 companies relocated to Florida—more than any other state. And to top it off, around $36.1 billion in net income flows into the state each year.
Why Do Entrepreneurs Choose Florida?
The secret? A combination of open economic policy, no state income tax, an attractive business climate, and—not unimportant—year-round sunshine. Large companies, investors, and entrepreneurs are drawn to cities like Miami, Fort Lauderdale, and West Palm Beach. According to Andrew Doole (Informa Markets) and Miki Naftali (Naftali Group), the success is simple: “You see more and more people choosing this lifestyle. If you tap into that demand, you’re almost always successful.”
From Yacht to Office; Everyone Wants to Stay
Many visitors come for a luxury yacht or vacation, but end up staying. They see that the business climate is healthy, there are plenty of opportunities, and decide to set up their office here. Cameron Mitchell, owner of several top restaurants, says that 25% of his business is now in South Florida—and that share keeps growing.
Florida is the hotspot where entrepreneurs and investors are coming together for growth, opportunities, and an attractive business climate.
The Big Shift: Wealth, Companies, and Talent
The influx of capital and people is huge. Not only wealthy individuals, but also companies from New York, California, and other states are flocking to Florida. The reason? Low taxes, flexible regulations, a strong labor market, and a unique mix of freedom and flexibility. More and more people are choosing to make Florida their primary place to live and work. “The demand is there, and it keeps growing,” says Naftali.
More Than a Hype: The Future of Florida
According to CEOs, this is not a temporary hype. The economic, cultural, and business dynamics are changing structurally. Florida is not just a place to chase your dreams, but also to achieve them. The opportunities for entrepreneurs keep expanding—from real estate to tech, hospitality, and services.
Your Opportunity: Start and Grow in Florida
Do you want to benefit from this unique growth as an entrepreneur? Van Holland Group helps you from our office in Miami with everything you need to successfully start and grow in Florida. From company formation to setting up a local office, from legal guidance to finding the right partners—we are your guide in the American business landscape.
Discover what Florida can mean for your business. Contact Van Holland Group today and take the first step toward business success in the Sunshine State!
So, you want to start a business in the US as a Dutch entrepreneur?
The Van Holland Group team is ready to help you—both in the Netherlands and in the USA—and we’ll guide you step by step to conquer the market! Of course, the steps above are a general guideline, so get in touch for a personal conversation. No two businesses are the same, and we’re curious about your story. Who knows, we might be able to help you take a lot of steps in the coming months!
Ready for the Next Step?
Want to know how your company can benefit from a smart transfer pricing strategy in the US? Contact our specialists or schedule an introductory call. We’ll answer your questions and ensure your US expansion is compliant, cost-efficient, and future-proof.- Plan a TEAMS video call at your convenience
- Contact us by phone at (+1) 786 233 6384
- Or email us at: info@vanhollandgroup.com
