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Located on the coast in southeastern Florida, Miami is the 44th most populated city in the U.S. with a population of over 400,000. One of Miami’s many nicknames is the “Magic City” due to its seemingly overnight boom and its colorful qualities. The city is lively and tropical, with a Cuban influence reflected in the shops and cafes that line Little Havana’s Calle Ocho. Miami Beach, spread across barrier islands amongst the turquoise waters of Biscayne Bay, is home to the dazzling South Beach, famous for its flamboyant art deco buildings, white sand, trendy nightclubs, and surfside hotels. Despite Miami’s relatively young age, the ever-evolving metropolis is rising as a key international port and opening for global industries establishing traction in the U.S. The city has become the headquarters for a multitude of financial institutions and transnational companies. It has the largest concentration of international banks in the country and is also known as an attractive location for the wealthy and famous.