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Tags: Donald Trump | florida | mar-a-lago | winter white house | no state tax | ny tax exodus

NY Times: President Declares Fla. His Permanent Residence

mar-a-lago resort in west palm beach, florida
(Lynne Sladky/AP)

By    |   Thursday, 31 October 2019 08:36 PM

President Donald Trump, perhaps the world's best-known New Yorker, is making the Winter White House his permanent home.

The president last month quietly filed a "declaration of domicile" saying the Mar-a-Lago resort he owns in Palm Beach, Florida, will be his permanent residence, The New York Times reports.

"If I maintain another place or places of abode in some other state or states, I hereby declare that my above-described residence and abode in the State of Florida constitutes my predominant and principal home, and I intend to continue it permanently as such," reads the document Trump filed with the Palm Beach County Circuit Court.

First lady Melania Trump also made the change.

Mar-a-Lago is a members-only club with a hefty price tag: $200,000 per year.

Since Trump took office, the resort has served as Trump's winter residence. It features a 75-foot tower, 54 guest rooms, lavish dining rooms and ballrooms. Amenities include two pools, a spa, croquet grounds, tennis courts, and a beach club.

The president paid $10 million for the property, though his 2017 financial disclosure estimates it to be worth more than $50 million.

Florida does not have a state income tax or inheritance tax, making it a prime location for the wealthy.

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Politics
President Donald Trump is making the Winter White House his permanent home, The New York Times reported.
florida, mar-a-lago, winter white house, no state tax, ny tax exodus
206
2019-36-31
Thursday, 31 October 2019 08:36 PM
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