Relocating from Monaco to Downtown Miami: which building fits?

For a Monaco household, Waldorf Astoria Residences Miami will feel most familiar: a hotel name, a full staff under Hilton's management, and a 100 story tower with water on three sides, From $3,300,000. Delano Residences suits a smaller first base at the lowest published entry, From $760,000. Faena Residences, on the Miami River, is a long view, with completion around 2028 or 2029. None of them is finished on our file, so plan where you will live while the tower rises.

The same five questions, from the developers' published material:

Waldorf Astoria Residences Miami. Price point: From $3,300,000. Delivery: no date in the material on our file. Unit mix: about 360 residences, furnished junior suites and one to four bedroom homes, with hotel guestrooms in the tower. Position: Downtown Miami, 100 stories, with views over the city, Miami Beach and the Atlantic. Operator: Hilton Worldwide, under the Waldorf Astoria name; amenities include a kids club, a signature spa and a private residential pool deck.

Delano Residences & Hotel Miami. Price point: From $760,000. Delivery: no date on file. Unit mix: about 421 finished residences, studios through three bedrooms in the released collection, with larger homes expected later. Position: Fourth and Biscayne, about 90 stories. Operator: Delano under licence, with Ennismore and Accor; owners get Beach Club access at Delano Miami Beach and Accor owner benefits, subject to an annual fee.

Faena Residences Miami. Price point: no published entry price; pricing on request. Delivery: about 2028 or 2029. Unit mix: one to four bedrooms plus River Lofts. Position: the Faena District on the Miami River. Operator: Faena, with KAR Properties and Fortune International Group.

Familiar: towers on the water, a short drive to everything, hotel brands with European roots, and neighbours from many countries. Waldorf and Delano both put a hotel staff under the home, which a household used to a serviced building will recognise. See what the Waldorf Astoria brand does and what the Delano brand does.

Less familiar: scale. Waldorf has about 360 residences and Delano about 421, so the lift and the lobby are shared with many households. Downtown Miami is also a district still being built, around Miami Worldcenter and the bayfront, and some blocks are rough at street level. Walk the streets around each tower morning and night before you choose. Our Downtown Miami zone page reads the district plainly.

The beach is not at the door. Downtown faces the bay; Miami Beach is across the causeways. Delano owners have access to the Delano Beach Club in Miami Beach, which closes some of that gap. For a Monaco reader comparing the two places as places, see Miami against Monaco.

None of the three has a delivery date in the material we hold that you can plan a move around today. Faena gives about 2028 or 2029. For Waldorf and Delano, ask the sales team for the current construction milestone and read the outside completion date in the purchase agreement.

That shapes the relocation. Many households from abroad rent first, enrol the children, open a bank account and learn the city, then close on the new home at delivery. Our page on the first ninety days after moving to Miami sets out that order. If you need keys this year, the finished buildings on our file sit outside Downtown; our page on living part-time in Downtown Miami explains the timing in each tower.

Buying a condo does not give you the right to live in the United States. Residence comes through a visa or other status, a separate process with immigration counsel. Our page on whether buying a Miami condo gets you a US visa explains why.

Money is the second change. Deposits on a pre-construction home are wired from abroad in stages and held in escrow; banks ask where the money came from before it lands. Read what to ask before you wire and source of funds documentation. A euro buyer also carries currency exposure between each deposit and closing; our page on currency for a European buyer covers it.

Tax is the third. Leaving Monaco for the United States can change your tax position completely, and how you hold the home matters for estate planning. These are questions for a US tax adviser before you sign. Our pages on estate tax for non-resident owners and holding structure list the questions.

Waldorf Astoria suits the Monaco household that wants a full staff, a kids club and the tallest address in Downtown. You give up a small building and a published delivery date.

Delano suits the household that wants a first Miami base at the lowest published door, with a beach club across the bay. You give up the larger homes for now and the quiet, since the tower carries a public observation deck.

Faena suits the buyer who already knows the Faena name from Mid-Beach and wants it on the river early. You give up a date before 2028 and a published price.

If the plan is a smaller first base, read Downtown Miami or Wynwood for a first Miami condo; if counsel advises a US company, read how a foreign buyer using a US LLC goes from offer to recording. For a European buyer still choosing a neighbourhood, read where a European buyer should look. The Waldorf dossier and the Delano dossier hold the records. The desk holds both towers' plans by line and the current deposit schedules, and reads them with you before money crosses the Atlantic; our note on who to call when buying in Downtown Miami explains how.