16 celebs who moved to Florida and why they love it there
A growing number of celebrities and business leaders are relocating to Florida, citing tax benefits, favorable weather, and political climate. The trend reflects a broader migration of wealth from states like California to the Sunshine State.
Why it matters
This migration pattern highlights the impact of state-level tax policies and social issues on the geographic distribution of high-net-worth individuals.
Sylvester Stallone is one of several celebrities who've moved to the Sunshine State. Ian Gavan/Getty Wealthy buyers and celebrities are increasingly choosing Florida for its tax benefits and weather. Athletes like Tom Brady and stars like Scott Baio are establishing themselves in the Sunshine State. A growing tech population is influencing the housing market down south, too. For a lot of movers, affordability was a key driver in a move to Florida, and other perks, like great weather and no income tax , were a bonus. Now, Florida has become a less affordable option for some . But if you're a celebrity who can afford it, the other benefits outweigh the price. Florida is often viewed as a last stop or a place to relax in retirement.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in