Best Retirement Places in the World
Homestead Exemption
One of the Best Retirement Places in the World is Lakeland, Florida. Why? Homestead Exemption. This major tax benefit is drawing more and more retirees to consider living here, and those who choose to relocate are raving about their daily experience.
- The Florida Homestead Exemption basically means that Floridians are not taxed on up to $50,000 of their home's value once assessed.
- If you are considering keeping a seasonal residence here in Lakeland, you will not be eligible for this bonus. Only Florida residents whose main residence is in Florida may claim the exemption. This knowledge alone has served as an extra 'push' for Seniors to finally take the final step in moving their permanent residence to Lakeland.
- The Senior clause of this exemption is an additional savings offered to many people over the age of 65.
- Furthering the benefits of the Homestead Exemption is the Save Our Homes Amendment, which adds protection against exorbitant tax increases yearly.
- Not sure if you will stay in your home indefinitely? Perhaps you have already moved to Lakeland but have heard of the luxury home sites over at Oakbridge Homes. Don't worry. Due to portability, you will receive the same benefits from the exemption - even if you move.
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To Learn More About Oakbridge in Lakeland, Florida and why it is the best retirement places in the world call Us Toll free at 866-668-1247.
Our Sales Office is Open 7 Days A week. Click here to Schedule a Tour. |
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