So you’re thinking about moving to Florida and why wouldn’t you? With the real estate market heating up and what feels like a mass exodus from the northeast.

Now more than ever I’m getting call and texts from people up North looking to relocate and move down to South Florida. Which we love so if there’s ever anything in the world we can do to help you please call, text or leave a comment down below and we will be happy to help and please watch until the end and I’ll share how you can get a free copy of our Moving to Florida Guide.

Florida is one of the most desirable places to live and retire too in the world and for good reasons.

We’ve a wonderful climate, miles of beautiful beaches, and many tourist attractions.

But outside of the all of those great things one greatest motivations for obtaining Florida residency is the range of tax advantages that it brings…

This video is all about the top 5 ways you can benefit from becoming a Florida Resident

#1 way you can benefit from becoming a Florida Resident is by not having to pay state income tax ever again.

Florida has no state income tax.

It’s one of only seven states that imposes no income tax and is the only “no tax” state well suited for retirees (two of the others are Alaska and South Dakota, for example).

#2 ways you and you heirs can benefit from becoming a Florida Resident is by not paying death or estate taxes.

The good new is Florida has no state death tax or estate tax.

#3 way you can benefit from becoming a Florida Resident is with Florida’s Homestead Law

Florida’s Homestead Law protects the Florida resident from losing his or her home to a creditor or any other lien holder except for mortgages.

# 4 way you can benefit from becoming a Florida Resident is with Florida’s “Save Our Home Act”

This act provides for a homestead exemption on a Floridian’s primary residence. Once qualified, the assessed value of the property for tax purposes carries an exemption for the first $50,000 of taxable value for all taxing entities except the school district (which allows a $25,000 exemption).

#5 way you can benefit from becoming a Florida Resident is with Tenancies by the Entirety

Tenancy by the entirety is a form of joint ownership for married couples only, and provides excellent asset protection benefits.

To qualify as tenants by the entirety property in Florida, the interest in the property for the spouses must have been created at the same time, in the same instrument, giving both spouses ownership and control and an identical interest in the property, and they must have been married at the time this occurred.

Focus one’s major affairs and relationships in Florida. If you’d like to explore the possibility of establishing Florida residency and want to learn more we are always here to help. 

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Over the last few years we’ve helped hundred of people buy and sell homes here in South Florida and we absolutely love it

As 40 year Florida residents we know all the best places to fit your desired lifestyle and budget.

So if you’re even thinking about moving to South Florida, you’ve got to reach out to me. Call, text, DM, send a carrier pigeon or smoke signal by any means necessary because we’ve got your back when it comes to moving to South Florida.