The recent mayoral election has many high‑net‑worth New Yorkers rethinking long‑term financial security for their families — and that’s understandable. If you’re evaluating alternatives, Vero Beach offers compelling financial and lifestyle advantages without cutting you off from New York.
Why Vero Beach makes financial sense for wealthy families
- No state, city, or county income taxes: Florida’s tax structure can meaningfully reduce annual tax burdens for high earners and preserve more wealth for future generations.
- Lower housing costs: The average home in Vero Beach is about $412,000 versus roughly $1.2 million for a New York studio apartment — allowing greater purchasing power, larger homes, and investment flexibility.
- Much lower property taxes and carrying costs: Reduced property tax bills and lower everyday expenses improve cash flow and net returns on real estate investments.
Discretion and white‑glove support at Coldwell Banker Global Luxury
We understand discretion is paramount. At Coldwell Banker Global Luxury — Vero Beach we offer a confidential, concierge‑level relocation experience tailored to high‑net‑worth families, including:
- Legal counsel for trusts & estates, wills, and estate planning through a local law firm experienced with high‑net‑worth clients.
- Wealth management and financial planning services in partnership with Goldman Sachs specialists to align relocation with long‑term investment and tax strategies.
- Access to mortgage lending, CPAs, and insurance brokers who understand complex portfolios and multi‑state tax issues.
- A dedicated financial concierge desk to coordinate specialists, analyze tax impacts, and deliver a seamless transition.
Connectivity to New York
JetBlue operates daily nonstop flights between Vero Beach Regional Airport (VRB) and JFK, making it easy to maintain business, family, and cultural ties to New York while enjoying Florida’s financial advantages.
Next steps
If you’d like a confidential, personalized analysis — estimated tax savings, comparative cost‑of‑living breakdowns, tailored estate planning introductions, or curated property options — I’m available to help. Contact me, Ben Bryk, with Coldwell Banker Global Luxury — Vero Beach, and we’ll arrange a discreet consultation and connect you with our financial concierge team
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