So many rich people are moving to Florida because there is no state income tax, many other tax benefits, remote work capabilities and the weather the sunshine state has. Expect people flocking to Florida to continue for same time as there is more space for them, and you.
It is actually far more than the lack of state taxes. Part of it is areas like San Francisco, New York, New York City, Chicago, California etcetera have high taxes on everything and so many people are tired of them and being told how to live their lives.
People want to enjoy life and in Florida they at least feel like they have the chance to. What do most of us really want? A decent or luxurious home located in safe neighborhoods. Outside of that affordable entertainment options or good schools for our children.
Real estate agents push such a dream right here in Florida. Wealthy people and high earners can get a high square foot homes with swimming pools or in a great location for less than six figures in many towns. Living in Florida is a great choice. Contact us if you are considering it, and consider the Tampa Bay area.
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