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From NYC to Miami: Why more millionaires flock to South Florida


South Florida wins a significant place against New York to win America millionaires for new data and the best real estate agents of the nation.

New Henley & Partners reported the world’s richest cities for 2025, Both West Palm Beach and Miami exceeded New York City as the world’s fastest growing wealth. West Palm saw the growth of a millionaire growth in the last ten years, and Miami saw a 94% increase. In New York, 40% fell short.

“I do not surprise that nothing goes to the South Florida markets, as nothing fled from the blue states and West Palm Beach, Miami, Palm Beach. Duglas Elliman’s №1 Nationwide Agent Dina Goldentayer said Fox News is digital.

“I definitely think that South Florida could be in the next Wall Street south,” he said. “It’s already happening.”

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The latest information measure the details of the world’s 50 most wealthy city, economic mobility, investment migration and resources management. The United States preferred to list 11 cities for most millionaire residents.

New York City and Miami Skylines

A new report shows that people who leave New York city for South Florida continue to continue the trend. (Tulkubusiness)

Although Miami and West Palm Beach saw the numbers grew out exponentially From 2024 to 2024 since 2024, New York City still ranks in the transparent number of millionaires living there. In comparison, Miami has 38,800 million and West Palm Beach with 11,500.

“Manhattan is so dense, so you can’t compare the Miami beach in the number of million people. But as part of several markets, Yes,” Goldentayer “,” Goldentayer “,” Goldentayer “,” Millions of Millions “. “

In the post-covig environment, Florida I saw a resident boom – According to a former chief financial worker Jimmy Patronis, every day is about 1,000 people close to the state, primarily due to less pandemic restrictions and locking. The upper agent said that the Sunlight situation continues to attract people due to the policy of recognized zero income tax and minimal rules.

As Illinois, like California, the rich classes moving from these marketplaces are concerned about crime. They want to enjoy their resources and do not worry about themselves while walking their dogs on the street, “he said.

“And in South Florida, the art, entertainment, top schools allow you to live comfortably while offering an ongoing environment, so it is a more complete environment that uses it and the calibration of the population moved here.”

“I definitely think that South Florida may be in the next Wall Street south. Now happen now.”

– Dina Goldentayer

“The zero income-tax model, where Florida and other states, Florida is the best news story because it is not a tax state for so long.” “There are other lifestyle factors that actually burn the desire to live outside of taxes.”

The average millionaire of South Florida, regularly, cannot be “pigeons” according to the expert working with them. But more often, not 35 and 50 years old, drag a series of rover and between two and four children.

“They often play a missile and want to be close to the paddle club. Many are concerned about their children to go to school,” Goldentayer said.

When Southern Florida would be expensive to live in any way Like New York CityGoldentayer was suspected, claimed that life’s value and quality was worth the price label.

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“When New York really develops, it reached a place where people feel like this unemployed, it doesn’t feel good. I never wanted my market place to go to that place.”

“I still want a HERMES seller in the Maymi Marketplace of our customers, ‘I would like to feel expensive,’ Right, ‘but show you what you have received.”

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