How much can I save in taxes by moving from New York to Boca Raton?

It depends on your income and assets, but the gap is large. New York's combined state-and-city income tax can approach 14.7 percent at the top for New York City residents, while Florida charges no state income tax at all. For high earners, that difference commonly runs well into six figures per year, and Florida's lack of a state estate tax (versus New York's up to 16 percent) can save millions over a lifetime. This is general information, not tax advice, so confirm your specific numbers with your CPA.

How long do I have to live in Florida to become a resident?

Florida imposes no minimum waiting period or day count to establish residency. It looks to your intent and your ties to the state. You can move quickly by buying or leasing a primary home, getting a Florida driver's license, registering to vote, moving your banking and advisors, and filing a Declaration of Domicile. The 183-day figure people cite is New York's statutory residency test, not a Florida requirement, and it is about limiting your days in New York rather than accumulating days in Florida.

Will New York audit me if I move to Florida?

New York is known for aggressively auditing departing high earners. Auditors review your day counts, where your physicians and advisors are located, where your most cherished personal belongings are kept, your family's holiday patterns, and even credit card and cell phone records. The best protection is a genuine move: relocate your home, your doctors, your clubs, your community, and your children's school to Boca Raton, and keep careful records. An estate or tax attorney experienced in New York residency matters is well worth consulting before you move.

What is the New York estate tax “cliff”?

New York's estate tax exemption (near $7.16 million in 2025) phases out abruptly. If your taxable estate exceeds 105 percent of the exemption, you lose the exemption entirely and the tax applies from the first dollar, with rates up to 16 percent. New York's exemption is also not portable between spouses. Florida has no state estate tax, which is a major reason wealthy families establish Florida domicile. This is complex, and you should plan it with an estate attorney.

What are the best private schools in Boca Raton?

Boca Raton is strong at the top of the private market. Saint Andrew's School is a nationally recognized pre-K through grade 12 college-preparatory day and boarding school offering Honors, AP, and IB programs. Pine Crest School operates a Boca Raton campus, and Grandview Preparatory School is an independent college-prep day school. Families also consider American Heritage Schools and other independents across the region. Seats are limited at the strongest schools, so starting admissions conversations early is wise, and we can help connect you with the right contacts.

Can I fly private easily from Boca Raton?

Yes. Boca Raton Airport is a general-aviation field with full-service fixed-base operators and a runway that accommodates light, midsize, super-midsize, and many large-cabin jets. For heavier aircraft, Palm Beach International Airport is roughly 20 to 25 miles north with a longer runway and broader service. Both make a quick private trip back to the New York metro area straightforward, without commercial terminals.

Should I buy in a country-club community or a non-club one?

It depends on how you intend to live. Mandatory-membership clubs such as St. Andrews, Broken Sound, Woodfield, Boca West, Addison Reserve, and Mizner give you an instant social and recreational world but carry required initiation fees and annual dues. Non-club and optional-membership communities, including the prestigious Royal Palm Yacht and Country Club where membership is by nomination rather than required, suit families who value privacy, travel often, or prefer not to carry mandatory dues. We help relocating families weigh the trade-offs against how they actually plan to use their home.

Why work with The Koolik Group on a New York relocation?

Relocating a family from New York to Boca Raton is far more than a home purchase; it touches taxes, residency, schools, healthcare, and community. Our team has closed more than $2.7 billion in South Florida real estate over 35-plus years and knows the enclaves, the clubs, the school landscape, and the cadence of a move that must hold up under New York's scrutiny. We coordinate the home search around your residency strategy and connect you to the right local professionals along the way.

Why is the Palm Beach & South Florida real estate market so desirable?

Palm Beach and South Florida offer a mix of luxury estates, high-end condominiums, waterfront options, and investment opportunities. The Koolik Group provides market updates and local trend insights to help buyers and sellers make informed decisions.

What is The Koolik Group’s track record in the South Florida real estate market?

The Koolik Group cites over 35 years of real estate expertise, more than 4,800 homes sold across Palm Beach, Broward, and Miami-Dade, and over $2.7B in closed sales.

What do clients say about working with The Koolik Group?

Clients describe the team as professional, highly responsive, and knowledgeable, highlighting a seamless process and strong market expertise.

How can I get started with The Koolik Group?

Contact The Koolik Group to start buying or selling luxury property in South Florida.

South Florida Real Estate Market

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