With gorgeous beaches and plenty of engaging activities abound, Florida is a popular state to move to. Every year,
thousands of senior citizens move to Florida for retirement. Currently, over 19% of Florida’s population is made up
of people aged 55 or older. 

So, what are some advantages seniors get by retiring in Florida? 

Tax breaks 

A popular reason why seniors are attracted to retirement within the state is because of the Florida real estate
homestead tax exemption. 

This means if you’ve owned your permanent residence since January 1 of the tax year, you might qualify for an
exemption of up to $25,000. 

This exemption can be applied to more populations than senior citizens. However, there’s an additional homestead
exemption which can be applied in connection to those 65 years and older. Once qualified, you can receive an
additional amount deducted from the properties taxable value. 

Senior citizen communities 

Due to the large senior citizen population in Florida, there’s been a rise of senior living communities. These
communities are well-equipped with accessible living spaces and excellent community amenities. These communities
often come with their own grocery stores, shopping centers, golf courses and more! 

Travel 

For seniors wanting to travel after retirement, Florida is a great home base. Florida is home to 13 international
airports, making world travel a step easier. There are even senior citizen care communities which act as travel
agencies for their residents, making world exploration more accessible. 

Florida is a beautiful southern state which has much to offer senior citizens. Consider speaking with a local realtor
to learn more about retirement communities suited for you.