Posted on Friday, 09.04.2009 Miami Deals - Shopping in Miami The weak strength of the American dollar has made travel and shopping in the US a great deal for travelers from countries with a strong currency such as the Euro or the British Pound. According to economists, the dollar is probably about 30 % undervalued as compared to the Euro. One advantage is the affordability of holidays in Miami Beach; everything is cheaper from Miami Beach hotels, Miami Beach restaurants or shopping in Miami. Travelers from countries with a strong currency such as Europe, take advantage of great Miami deals.
US businesses traditionally have lower profit margins than their European counterparts and, therefore, offer the same product as in Europe for much cheaper. Additionally, the level of sales taxes in the U.S and Florida is much lower than in Europe. Sales taxes in Miami Beach reach 7% and in Europe, they are in the high tens. As a result, much of shopping in Miami is concentrated around Miami deals. All the different factors combined make it much more affordable to spend holidays and go shopping in Miami Beach. Great Miami deals are everywhere; travelers will easily find them. |