Most people imagine the wealthiest Americans living in penthouse apartments in New York or beachfront California estates.Personal finance site GOBankingRates determined which states were best suited for the super rich by comparing property tax rates, income tax rates and average earnings of the topThe country's best places to live for the jet set all benefit from low taxes and good schools.
At the top was Wyoming, which has no income tax and low property taxes. It is also among the states with the lowest population density .
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These things always ignore the fact there is nothing to do in some of these places. I wouldnt even call it living
Wyoming also is great for an LLC as it has inside and outside protection. Very useful for property development.
A vacation home is hard to find. The idea of a 14 hour flight is just not an option with the airlines and their unreliable service. Many ppl have unused frequent flier miles and dont use them. It's often better to charter although disgustingly expensive.
If you're rich there's nothing like NYC. Also you can live in multiple places.
Oh definitely let me bookmark this one for the day I win the lottery...Flush with cash, my aunt Matilda...
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