Florida is a great place to live, but there are many benefits to living in Florida that you may not be aware of. An example would be The Tax Exemption, this is a great way to save on your taxes and make Florida your home. With it you can reduce the taxable value of the property you own, as long as you are considered a permanent resident by law in Florida.

Florida law allows each person who has legal or equitable title to the property to claim $ 25,000 in tax exemption for that year without limit.

Also, if there are children living with their parents who have been granted homestead status as well, then it can only increase for them 3% more each year than it would have happened without this protection.