Let’s cut to the chase: what put Florida on the global map, the tourism map, and the retirement map are its 825 miles of sandy beaches. That topographical blessing, coupled with the state’s tropical and subtropical climates (it’s a big state), have always been its indelible draw.
Florida has also served as a haven for tax refugees: according to TurboTax, it has the fifth-lowest overall tax burden in the nation, owing, in large part, to the absence of a state income tax.
During the COVID-19 pandemic, those realities were just some of the reasons for the so-called Great Migration, when hundreds of thousands of people — including a posse of ultra-high-net-worth individuals — headed south from colder, higher-tax states, and marquee businesses relocated or expanded their operations in the Sunshine State…