NY → FL Tax Savings

Move from New York to Florida & Save 10.9% in State Taxes

New York residents pay up to 10.9% in state income tax. Florida charges 0%. Establish Florida residency and keep more of what you earn.

New York vs Florida: Tax Comparison

See how New York's tax structure compares to Florida across every major tax category.

Tax CategoryNew YorkFlorida
State Income TaxUp to 10.9%0%
Capital Gains TaxYesNo
State Estate TaxYesNo
Homestead ExemptionLimitedUnlimited

Your Potential Tax Savings

Estimated annual state income tax savings when moving from New York to Florida, based on the top marginal rate of 10.9%.

Annual Income

$75,000

You Could Save

$8,175/yr

Annual Income

$100,000

You Could Save

$10,900/yr

Annual Income

$150,000

You Could Save

$16,350/yr

Annual Income

$200,000

You Could Save

$21,800/yr

Estimates use the top marginal rate for illustration. Actual savings depend on filing status, deductions, and total income.

Key Tax Facts: New York

What you need to know about New York's tax environment before making your move.

1

New York has a top state income tax rate of 10.9%, and NYC adds up to 3.876% more.

2

New York has a state estate tax with a $6.94 million exemption and a "cliff" that can tax entire estate.

3

New York taxes capital gains as ordinary income at rates up to 10.9% (14.776% with NYC).

4

New York aggressively audits former residents, especially high earners who leave.

New York vs Florida: Side by Side

See why thousands of New York residents are making the move to Florida.

New York charges up to 10.9% state income tax (14.776% with NYC); Florida charges 0%.

New York has a state estate tax with a dangerous "cliff" provision; Florida has no estate tax.

New York taxes capital gains at up to 14.776%; Florida has no capital gains tax.

On $200,000 income, moving from New York to Florida could save $20,000+ annually.

How to Change Residency from New York to Florida

Follow these five steps to legally establish your Florida domicile. Our service handles the documentation so you can focus on your life.

1

Establish a Florida Mailing Address

Set up a legitimate Florida residential address through our virtual mailbox service. Complete USPS Form 1583 with remote notarization so your mail is scanned and accessible from anywhere in the world.

2

File a Declaration of Domicile

File a Declaration of Domicile in your chosen Florida county. This legal document is the formal declaration of your intent to make Florida your permanent home and is a key piece of evidence in any audit.

3

Obtain a Florida Driver's License

Surrender your current state driver's license and obtain a Florida license. This is one of the strongest indicators of domicile that state tax authorities evaluate.

4

Update Voter Registration & Vehicle Titles

Register to vote in Florida and re-title your vehicles with a Florida address. Update your bank accounts, investment accounts, and professional licenses to reflect your new domicile.

5

Sever Ties with Your Former State

Systematically sever domicile ties with your previous state. Cancel memberships, close local bank accounts, update estate documents, and keep detailed records. This protects you during potential audits.

Frequently Asked Questions

How much will I save by moving from New York to Florida?

New York has a top income tax rate of 10.9%. Florida has 0% income tax. On a $100,000 income you could save approximately $10,900 per year, and on $200,000 you could save approximately $21,800 per year. Actual savings depend on your filing status and total income.

Does New York have an exit tax if I move to Florida?

New York does not have a formal "exit tax." However, New York's tax agency is known to aggressively audit former residents. Properly documenting your Florida domicile — driver's license, voter registration, Declaration of Domicile — is critical to avoid disputes.

How long does it take to change residency from New York to Florida?

The process can be completed in as little as 2-4 weeks once you have a Florida address. Key steps include filing a Declaration of Domicile, obtaining a Florida driver's license, and updating voter registration. Our service guides you through every step.

Will I still owe New York taxes after I move to Florida?

You may owe New York taxes on income earned while you were a resident, and on any New York-source income after you leave (such as rental income from property in New York). Once you properly establish Florida domicile, your non-New York-source income is no longer subject to New York tax.

Do I need to physically live in Florida to be a resident?

Florida does not have a minimum physical presence requirement to establish domicile. You need to demonstrate intent to make Florida your permanent home through actions like filing a Declaration of Domicile, obtaining a Florida driver's license, and registering to vote. Many travel nurses, remote workers, and digital nomads maintain Florida residency while traveling.

Ready to Stop Paying 10.9% in New York Taxes?

Join thousands of former New York residents who have established Florida residency and eliminated their state income tax bill.