A fundamental rule of building wealth in America is modeling. In other words, if you want to be wealthy, identify someone who matches your definition of what you wish to be like and DO WHAT THEY DO!!!
Like so many other wealthy Americans fleeing the vice of local, state income, estate and inheritance taxes plaguing the states of New York and New Jersey, Mr. Icahn has decided to take his talents (and his portfolio) to South Beach. The writing is on the wall for both the Empire State and the Garden State: the High End is Hightailing it out of your states, and South Florida is rolling out the low tax red carpet! Governors Cuomo (D-NY) and Murphy (D-NJ) and Mayor DiBlasio (D-NYC) have orchestrated a rush to the exits for wealthy residents usually reserved for emergencies requiring first responders.
Now that we know what is the reason for the exodus, why they are moving to South Florida, who the main culprits responsible for this phenomenon are, and where they are heading for refuge, two questions remain:
1. How much longer do you wish to fall victim to this siege on your hard-earned money?
2. When is enough .......enough?
Only you can answer these questions. I love New York, and I was born and raised in New Jersey. It saddens me greatly that along with California, they are the worst places in the country to build, grow and maintain one's wealth. However, this is a free country! With greater wealth, we can visit often and have a great time!!
So, if you can see South Florida in your crystal ball, allow me to offer a couple of virtual suggestions of possible luxury homes you may want to call your very own sanctuary from the grip of excessive taxation and diminishing personal wealth.
Another possible sanctuary is this incredibly warm and inviting 5 Bedroom / 4 Bath Corner Pool Home in the exclusive Village of Pinecrest. Prior to listing the property, the Seller agreed to have a Max Home Inspections conduct a thorough inspection of the home and it was found to be in exceptional condition. This is a truly spectacular home listed for $1,250,000. Please watch the video below. There I provide extensive information and photos I'm sure will sweep you off your feet.
You see? Things are tough in Jersey and New York, but it doesn't have to be this way!
While I dedicate this blog post to future escapees from New York and New Jersey, I welcome all my readers to check out these amazing properties. Please contact me at 305.282.1763 or at hpedroso17@gmail.com for more information or to schedule a private showing! I hope you've enjoyed reading this post as much as I've enjoyed putting it together for you.
I look forward to helping you with all things South Florida real estate. Thanks again and best wishes!
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