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Miami a leading luxury capital of the world

January 20, 2015

mclarenJuan Pablo Verdiquio turned his Sunny Isles Beach vacation condo into a full-time home last year after selling his footwear factory in Buenos Aires. Here, he enjoys zipping around in a Porsche convertible while running a construction management firm.

He loves South Florida’s safe, luxurious lifestyle — and doesn’t look back.

“It’s the possibility of living on the beach,” said Verdiquio, 38, who lives at Trump Tower with his wife and two children. “I have this beautiful apartment and also a cabana where I can sip coffee and read a book on the beach. And when the kids get out of school, we go boating.”

A cosmopolitan playground for the world’s wealthy, South Florida is increasingly synonymous with luxury in all its many manifestations: multimillion-dollar real estate, exotic cars, yachts, high-end watches, designer apparel. While Miami has long been a flashy, consumerist city, it is now attracting serious wealth from all over the globe — those who won’t flinch at spending millions of dollars for a condo or paying hundreds of thousands of dollars for splashy wheels.





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