Miranda has arrived at Inter for a medical ahead of his proposed move from Atletico Madrid.
The Brazil centre-back has been linked with Roberto Mancini's side throughout the close-season.
And a switch to San Siro moved a step closer on Tuesday as Inter posted a photo of the defender on Twitter, accompanied by the message: "Miranda is in Milan, ready to undergo his medical with Inter."
Inter could only muster an eighth-placed finish last term, and head coach Mancini is looking to add to the arrival of Geoffrey Kondogbia from Monaco last week.
Miranda recently returned from the Copa America with Brazil, who reached the quarter-finals in Chile before losing on penalties to Paraguay.
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