As an experienced Florida realtor helping clients relocate from high-tax states, I regularly witness
firsthand how our lack of income tax expands transplants’ home buying potential. Without up to
10% of their paychecks claimed by state taxes, newcomers find their income suddenly stretches
much further when it comes to affording one of our sunny state’s spacious homes.


Florida is one of only seven states with no personal income tax, and those savings really add up
substantially over years of earning and homeownership. My clients constantly remark on their
surprise at how much extra net income they now have simply by moving here. Paired with
housing costs that are typically far lower than premium markets like California, New York and
Boston, Florida becomes an extremely appealing and affordable paradise.


More Take-Home Pay Means More Home

From Silicon Valley tech workers to Wall Street brokers, I assist clients from high-tax states
realize the dream of homeownership that previously felt financially out of reach up north. I heard
one delighted transplant say, “The income tax savings let me bump up to a 4-bedroom home
here, when I was only looking at 3-bedroom condos back home!”


Indeed, home buying power stretches much further in Florida thanks to the lack of state income
tax deductions eating into paychecks. Transplants consistently find they can qualify for higher
mortgages and afford more spacious, amenity-filled homes. The savings really start to
compound for higher income clients. As I heard one financier from New York say, “I estimate I
save over $50,000 a year now in lower taxes living in Florida – that easily covered my home
upgrade costs!”


Job Market Fuels Relocation to the Sunshine State


Beyond tax incentives, Florida also boasts a strong, diverse job market that provides the financial
security newcomers need to purchase a home right away. With robust industry sectors like tech,
healthcare, aviation and hospitality, qualified residents know ample career opportunities await
them. Vibrant metros like Miami, Tampa, Orlando and others also rank highly for job growth. My
clients appreciate how Florida’s dynamic economy pairs perfectly with the tax perks.


Homeownership Delivers Peace of Mind


And of course, Florida’s nearly perfect year-round climate, miles of pristine beaches, and friendly
communities make relocating here an extremely attractive lifestyle change as well. As one
grateful California family expressed, “We’re living our best life in Florida – the lower taxes just
make it that much sweeter!” For many, homeownership is part of the Florida dream, now more
achievable thanks to ample net income.


Let’s Crunch the Numbers on Your Florida Move


As a realtor specializing in assisting with transplants’ transitions, I can provide deep insights into
the potential financial implications of relocating to Florida. I work closely with clients and their
CPA to compare detailed tax scenarios in their current state against estimated savings here. I
also analyze local home prices and mortgage rates to determine precisely how Florida's tax
benefits can significantly expand one's home budget.


Together, we can determine how making the move could improve your finances both short and
long-term. My goal is helping you maximize savings and purchasing power so you can
comfortably afford the home you've always wanted.


If you’re considering a move to our tax-friendly state, contact me for a consultation. I'll provide a
personalized service to help you with your relocation decision. My real estate team will then help
you seamlessly transition through securing the ideal Florida neighborhood, home and mortgage.
Discover firsthand how our appealing tax structure makes homeownership a reality.


Juan Mestre, Realtor Associate RSPS, AHWD, C2EX, & SFR®

RAISING THE BAR FOR REAL ESTATE SERVICES

CONSIDER: Before making any decisions, you should speak with an attorney, a financial advisor, your
CPA, and any other qualified professionals for your situation, as I am not a lawyer but your neighbor's
Realtor Associate. Let’s start working together towards your Real estate dreams. Reach me at
305-776-5677 or register at www.juanmestre.com or email mestre.j@ewm.com.
Sourced and digested from several locations including but not limited to:
RisMedia for BHHS.com/blog, EWM Realty, Data from NAR & my knowledge