Great weather used to be the motivating factor for those in the Northeast seeking shelter from the winter storms. A new wave of people are seeking shelter from the taxation burdens and establishing a Florida Domicile to save a substantial amount of money every year.
As a former New Yorker living in Manhattan my taxes included local, state, and federal taxes, with a tax burden approaching 50%. Ouch, Florida has no state or local income taxes which is one of the reasons I joined the migration wave to Florida.
This flood of migration has been exacerbated by the $10,000 cap on state and local tax (SALT) deductions. A recent analysis by a prominent tax attorney showed a person (or couple) earning $650,000 in ordinary income could save almost $70,000 by moving from New York to Florida.
Establishing Domicile and generating enough income to make a viable lifestyle change are challenges faced by many working in industries such as financial services, technology, etc…
In order to combat the nightmare of a residency audit by a state such as New York the two primary domicile factors to be considered are home and business connections. We have created a Concierge Business/Home program to help those interested in making the move by integrating the combined purchase of a business and a home to resolve the issues created by the audit.
This program is designed for those seeking to purchase a profitable business in South Florida. Click the link below for a sampling of Businesses for Sale that qualify for this program.
s. As a REALTOR I have access to every home/condo for sale in South Florida
Search Homes for Sale in South Florida
A network of legal and financial advisors is available to ensure the entire process will be bulletproof , and Concierge Service ensures a smooth transition to Florida Domicile. florida businesses for sale buy business in florida
Businesses for Sale around the World
This website uses cookies. By continuing to use this site, you accept our use of cookies.