Five Things to Know Before Moving to Florida

Florida is a popular destination for individuals seeking to live in warmer climates, enjoy higher
temperatures and immerse themselves in coastal culture. While it’s famously popular among seniors, stats show that the state is becoming more appealing to young remote employees and the super-wealthy. Given its growing economy that relies on tourism, construction, agriculture and more, Florida is gaining increased attention from both U.S. citizens and non-residents.

Business owners in Florida enjoy lower taxes and more opportunities to create thriving enterprises, given the many offerings of the state. Floridians don’t pay taxes on individual income, translating to a larger fund to spend on anything else. If you’re planning a temporary or permanent relocation to Florida, gaining insight before adjusting will help you have a seamless transition.

Entrepreneur-Friendly

Florida is an excellent place for families looking to raise their children in an environment that will offer many job opportunities in the future, as well as business owners who want to take advantage of the state’s natural offerings, appeal to international tourists and positive media exposure from influencers, celebrities and more. Throughout time, the state ranked high for the workforce, education, capital, cost of doing business, tech and innovation. Given its geographical position and the diversity of its economy, Florida is the fourth-largest state in the United States, with a GSP worth $1.4 million as of 2022.

Business owners in Florida enjoy good investment capital availability from angel investors and venture capitalists and tax advantages. Because small businesses are vital to the thriving economic scene of the state, accounting for more than half of enterprises here, it makes a good place to kickstart a business. Also because the state is attracting more youngsters and the rich, having a future-oriented mindset and knowing how to deliver services and products that meet their needs is essential. Consumers rely on thought leadership to understand more about a company, which is why it’s important for business leaders to build a strong reputation through all sorts of practices.

Famous For Retirement

If you’re creating retirement plans and seeking criteria to pick the spot that meets your expectations, you can consider Florida. It is well-known for being a go-to destination for seniors and retirees looking to spend their golden days surrounded by sun, year-round pleasant weather and a little tranquillity.

The state abounds in well-run active adult communities that enable retirees to engage in social activities, take care of their health by enjoying resort-style amenities and find opportunities to have a good time through all sorts of events.

Retirees are also drawn to Florida’s well-developed health care system that offers access to services and options designed with seniors in mind. There are several hospital brands in Jacksonville, Orlando, Tampa, Miami and so on, some of which enjoy worldwide recognition. Additionally, the state has no income tax, which means that social security benefits, 401(k)s, IRAs, pension funds and other retirement sources of income remain untouched. This is another upside for individuals making Florida their home.

Fastest-Growing State in the U.S.

Once again, the Sunshine State is the fastest-growing state, with its population growing by 1.9% between 2021 and 2022. This is the result of decades of fast population growth. According to data, Cape Coral-Fort Myers, Lakeland-Winter Haven, The Villages and Punta Gorda are four of the best-developed metro areas in the United States with tremendous population growth in 2022. Each saw a population increase of 3 percent or more.

Last year marked the first time in 60 years since Florida reclaimed its top spot on the list. Since 1946, the population here has fluctuated constantly but continuously increased, jumping to 6.1 percent when air-conditioning started to become commonplace in the U.S. states with higher temperatures. This led to a surge in the number of people opting to live in the Sunshine State. So far, Nevada was the state outclassing Florida in the top fastest-growing states in the U.S.

However, despite all the upsides, there are also things on the less-pleasant side. For instance, the high humidity is a downer as it can damage appliances and electronics if you want a home by the
beach. Walking by the shoreline also means sand everywhere, from the beach to your belongings.

Beaches are Hotspots of Tourist Activity

Florida has the largest coastline in the U.S., with only Alaska surpassing it. Tourists have been lured by the crystal-clear waters that are perfect for swimming, the fine sand and the relaxed atmosphere of Florida’s beaches for a long time. Given the state’s tremendous beach scene, you’ll have plenty of spots to discover. From party-focused hubs like Miami’s South Beach to quiet spots and kid-friendly places, there is a beach scene for everyone in Florida.

On the other hand, Naples offers rich wildlife, golf courses and good conditions to fish. One of
the most popular beaches in the country, Clearwater Beach, lives up to its name and makes a sweet
spot for tourists who want to paddleboard and parasail regardless of the season.

Abundance of Wildlife

The wet, humid, warm climate in the Sunshine State isn’t only desirable for people but for
insects and wildlife, too. From triatomine bugs to assassin bugs to ants, more find a home here,
so keep this in mind if you have allergies, sensitive skin and other conditions. Snakes, panthers,
sharks and alligators are commonplace. Alligators are known to visit houses, particularly those
with pools, but with the proper strategy in place, you can protect your belongings from unwanted
visitors.

International and U.S. citizens are increasingly turning their focus to Florida. What fuels your
desire to relocate to the Sunshine State?