For many high-net-worth individuals looking to relocate to Nevada, the financial benefits of a move will be equally as attractive as the potential for an upgraded lifestyle.
MacDonald Highlands will offer its residents not only world-class architecture, and dramatic views of the Las Vegas strip, but also major financial advantages when compared to California, New York, Illinois, Washington, and other high-tax states.
Below, we provide a clear, buyer-focused comparison of property taxes and cost of living in MacDonald Highlands vs other top U.S. markets.
1. Zero Percent State Income Tax.
The single largest advantage MacDonald Highlands provides to relocation buyers is the absence of state income tax (see below).
Resident’s of MacDonald Highlands pay:
None in state income tax
None on wages
None on capital gains at the state level
None on stock distributions
None on business or commission income at the state level
For entrepreneurs, executives, and commission-based earners, this is a life-changing advantage.
2. Lower Property Taxes Than Coastal Cities.
Nevada has some of the lowest property taxes in the nation, which means lower property taxes than most coastal cities.
MacDonald Highlands buyers generally pay:
Approximately .05% to .07% of the Assessed Value
No surprise supplemental taxes
Predictable annual increases
Compare this to:
California @ 1.25% + Mello Roos in many areas
New Jersey @ 2%
Illinois @ 2-3%
New York Suburbs even higher
The savings on a luxury home can be tens of thousands of dollars each year.
3. Better Price Per Square Foot For Luxury Homes.
In MacDonald Highlands, buyers typically receive:
More land
Larger Custom Homes
Better Architecture
Higher Elevation
Better Strip Views
All of these features at a price point significantly less per square foot than coastal luxury markets.
A $4-$7 million dollar home in MacDonald Highlands often delivers what would cost between $15-$30 million in LA, OC, or SF.
4. Lower Overall Cost Of Living.
In addition to taxes, daily life in Nevada is more affordable for MacDonald Highlands buyers.
Some examples include:
Lower Utility Costs
Lower Car Registration Fees
Lower Insurance Premiums
Lower Labor and Contractor Rates
Lower Food and Dining Costs
No City Income Tax
Everything goes farther in Nevada without sacrificing quality.
5. Business-Friendly Environment.
Entrepreneurs and Executives appreciate the:
Lower Business Taxes
More Favorable LLC Laws
More Flexible Employment Regulations
Strong Economic Infrastructure
Close proximity to Major Markets without the expense associated with those markets.
Nevada is one of the most business-friendly states in the U.S.
6. Luxury Lifestyle Without The Luxury Tax.
Many of the financial pressures seen in other Metropolitan Areas do not exist in Nevada.
Residents of MacDonald Highlands enjoy:
No Luxury Tax on Cars
No Additional Taxes on High-Value Purchases
Lower Fees on Real Estate Transactions
Lower Recurring Costs for Membership Clubs
Luxury living in Nevada is truly a luxury experience without the financial burden associated with larger states.
7. Better Long-Term Wealth Retention.
High-Earning Professionals, the Nevada tax environment will allow them to:
Save More Annually
Plan for Retirement
Have More Flexibility with Their Investments
Reinvest in Their Businesses
Build Wealth through Real Estate.
Tax Savings in MacDonald Highlands are often redirected by buyers to purchase Strip View homes, Investment Properties or expand their businesses.
8. Total Annual Savings Can Be Huge.
Many relocation buyers earning 500K to millions of dollars per year can expect to save:
Six Figures Annually in Income Tax Alone
Additional Savings in Property Tax
Additional Savings in Cost of Living
Combined Savings = Significant Savings.
9. Insider Perspective.
John Gafford, Luxury Specialist in Henderson NV, works with relocation buyers weekly who have experienced the Financial Freedom offered by Nevada.
MacDonald Highlands is often their top choice due to the combination of the Best Financial Climate, with the Most Dramatic Luxury Homes in the Region.
They consistently tell me that the move to MacDonald Highlands has positively affected their both their Lifestyle and Financial Position.
Final Thoughts:
MacDonald Highlands is a unique blend of World-Class Living and Financial Benefits.
From Lower Property Taxes to No State Income Tax to an Affordable Daily Lifestyle, Relocating to this Community is a Both a Lifestyle Decision, and a Wealth-Building Opportunity.
To Discuss Ownership Costs or Receive a Curation of Top Value Homes, Call John Gafford Today.
📞Contact: 702 577 1143
Browse Listings: https://luxuryhomesofhenderson.com/neighborhoods/macdonald-highlands
