Why New Yorkers are Moving to Florida

Why New Yorkers are Moving to Florida

Florida Mortgage Solutions Group
Florida Mortgage Solutions Group
Published on June 6, 2023

Why New Yorkers are Moving to Florida

New Yorkers are Flocking to Florida

It’s no secret that Florida is swiftly becoming the go-to destination for New Yorkers looking to make a lifestyle change. With almost 1000 new residents relocating to the Sunshine State each day, it’s easy to see why! After all, who wouldn’t be tempted by mild temperatures all year round and generous tax breaks?

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Florida has no state income tax, making it an ideal location for high-net-worth individuals living in New York. Moreover, the Homestead Laws make property taxes much lower than those of many northern states.

For families, safety is a major concern when considering relocation. Luckily, Florida boasts one of the lowest crime rates in the US – another plus factor when deciding whether or not to move. And of course, Florida has plenty to offer in terms of schools for your children.

All factors considered, it’s easy to understand why people are moving from the North to Florida in droves: a combination of lower taxes, safety, schools, and the quality of life on offer make it a tantalizing prospect for anyone who is looking to move. If you’re considering a change of scenery, Florida should be at the top of your list!

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