Florida is the southeastern most U.S. state bordered to the east by the Atlantic, to the north by the states of Alabama and Georgia, and by the Gulf of Mexico to the west. The state capital is Tallahassee, but the most populated city is Miami with more than 6 million inhabitants (Miami Metro area 2017).
With more than 100 million visitors per year, the Florida economy is flourishing. The Sunshine State is a unique meeting point between the U.S., Latin America and the Caribbean markets, opening the exposure of businesses to more than US potential consumers. Florida has no State Income Tax.
Key Facts:
- Total Area: 58,560 Square Miles-Coastline - 1,197 statute miles
- Population: 20.98 Million (3rd US state after California and Texas
- GDP : 1 trillion USD (2018)
- Median Age: 41.6 (2018)
- Median home value: $ 230,000 (Zillow 2018)
- State Sales Tax: 6%