Relocating and Investing in Naples, Florida
Summary
When You Move, Free Your Money So It Works For You
There are many people moving home in America, but they aren’t doing so for the sake of moving. A new location must feel right, and of course, financial aspects matter. With no estate or income tax in Naples, Florida, your money can go further. With our help, you can also use that money to work hard on your behalf, generating millions in the years to come.
America is on the move.
A study by Lending Tree suggests that 40% of Americans are considering a move in 2022.
The most desirable feature these movers want is more space, but other must-haves in the home include:
- A pet-friendly property, cited by 54% of respondents
- An outdoor space, said by 49% of respondents
- A large kitchen, named by 43% of respondents
These are the main things property buyers want when they move home, but that doesn’t tell you the whole story of why they move home.
As our name suggests, we help people relocate at Naples Relocation Experts. We also help people invest their money most sensibly, and in the past year, we have witnessed a sharp increase in certain types of property buyers.
A recent example of how newfound freedom helps you in the property market is seen with our client Kevin.
It’s time for a change, but it must be the right move
Like many entrepreneurs and successful business people of late, Kevin has decided it’s time for a change. The pandemic has caused many people to re-evaluate what matters to them, and let’s be honest, as important as work is, it isn’t a top priority. For some, it’s not even in their top five or ten priorities.
Kevin is one of the many movers who have sold their business and can live anywhere as part of their next adventure. This includes the whole world, not just the United States! This means movers like Kevin have many options, but we appreciate why the USA is still where people want to live.
Being close to family members and loved ones is always a significant factor in making the right move, and it’s why so many people decide to remain here in the US. With that in mind, why Naples, Florida?
With towns and cities across 50 states, there must be massive reasons in favor of the local lifestyle that lead to so many people choosing Florida and Naples, particularly, as their places to live.
Returning to Kevin, we spoke with him in-depth and got to know the key outcomes he wanted with his new life. He wanted a great climate, access to good schools for his children, and a social life that he and his wife loved.
Naples has all this, but the real turning point comes in the way the city helps Kevin manage his money.
Make more of your money in Naples, FL
Kevin has worked hard for his money, and he wants to enjoy it, but also, he wants to make the most of it.
Naples, FL, has no state taxes.
In comparing life in Naples, FL, to many other great cities across the nation, Kevin would spend around 10% less to live here.
With income tax and estate tax sitting at 0% in Florida, some people moving to the state are in for a pleasant surprise with their finances.
In California, the highest rate of income tax is 13.30%, while in the state of New York, the highest rate of income tax is 12.68%. Even when you break that down further, in NY State, the highest tax rate is 8.820% and in NYC, it’s 3.876%. Also, the highest estate tax in NY reaches 16%, as it does in New Jersey.
New Jersey has a highest income tax rate of 10.75% and in Connecticut, the highest rate of income tax is 6.99% while the highest rate of estate tax stands at 12%.
Moving to Florida provides people and families with the opportunity to use their money as they see fit.
And Kevin knows, saving thousands of dollars today equals millions in a few years as he puts the power of compound interest behind this $ saved.
From our perspective, successful business people and investors with wise investments can enjoy savings of between $5 and $10m in tax payments.
Doesn’t that sound appealing?
You have the lifestyle of your dreams in Naples; you have the sunshine, the relaxed pace of life, the shops, the restaurants and more golf courses than you can swing your club at. You have all that and can reduce your tax payments by a considerable amount every year.
You deserve your best life
Doesn’t that sound like the sort of outcome you deserve in life? If you’re in a position to move here, you’ve worked hard and made some big decisions. It makes sense that you maximize this outcome, and we believe Naples, FL has everything you need to enjoy every day, every moment.
If you’re in a position to make this move, contact Naples Relocation Experts, and we’ll talk you through every reason why Naples is the location for you. It’s not just about the money, far from it, but you’ll sleep a lot easier knowing your money goes further and is better respected here.
If you’re in the process of selling your business and wondering what your next step is, or where you go to reap the rewards of your efforts, we’re here for you.
We’re also available to speak with networking professionals and brokers whose role is to put people in their rightful place. Your happiness and success are dependent on helping your client find their ideal setting in a location that takes proper care of them.
We know the location, and by working with us, you enhance your chances of giving your client the best possible outcome, which can only be good for you.
So, if you’re a lawyer, a business manager, a financial advisor or CPA who wants to be fully informed about where their client should move to, get in touch with Naples Relocation Experts.
Just because you are in a position to take things easy doesn’t mean your money has to. Your new home can pay for itself and give you the platform for future success, and we are more than happy to help you achieve this, so get in touch today.
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Naples Property Taxes
