REASONS TO MOVE TO
THE LAS VEGAS VALLEY
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WHY CALIFORNIANS MAY BE MORE TEMPTED THAN EVER TO RELOCATE TO LAS VEGAS Last year, Redfin reported that Los Angeles and San Francisco accounted for the highest number of homebuyers searching to move to Las Vegas from April 2023 to June 2023. Here are the three big reasons why Californians may be more tempted than ever to relocate to Las Vegas.
TAXES Income Tax: Only nine states in the U.S. don’t have an income tax, and Nevada is one of them. Compare that to California, where taxes for the highest wage earners clock in at 14.4% — highest in the nation. Mansion Tax: Los Angeles County’s so-called “Mansion Tax.” As of 2023, any property sale that exceeds $5 million subjects the seller to a 4% tax; if it surpasses $10 million, the rate jumps to 5.5%.
QUALITY OF LIFE The kind of traffic jams that make L.A. driving a round-the-clock test of nerves simply don’t exist in Vegas. And there are wonderful communities with great schools. There’s much more to Las Vegas than the Strip.
ROOM TO GROW A BUSINESS If you’re comparing California to Nevada as a business-friendly state, it’s hardly a contest in terms of tax structure, according to the Tax Foundation. California ranks the former as 48th on its 2024 State Business Tax Climate Index, while Nevada comes in seventh. There’s a very real potential for Vegas to become a strong business center option for California businesses being just 90 minutes by plane from Los Angeles.
Make the move to Las Vegas and embrace a lifestyle where luxury knows no bounds. Contact us today to explore your dream home in this vibrant and dynamic city!
10 REASONS TO MOVE TO LAS VEGAS 1. UNPARALLELED ENTERTAINMENT Las Vegas is renowned as the Entertainment Capital of the World. Experience world-class shows, concerts, and events right at your doorstep. From Broadway productions to international artists, your evenings will always be filled with excitement.
2. LUXURY LIVING AT ITS FINEST Las Vegas boasts a range of opulent properties, from sleek high-rise condos on the iconic Strip to sprawling estates in exclusive neighborhoods such as MacDonald Highlands, Ascaya, The Ridges, The Summit Club and more.
3. YEAR-ROUND SUNSHINE Enjoy over 300 days of sunshine each year. The pleasant desert climate ensures that outdoor activities are a year-round delight. Whether it’s golfing, hiking, or lounging by your private pool, Las Vegas offers the perfect backdrop for an active and sun-kissed lifestyle.
4. CULINARY DELIGHTS Indulge in a world of culinary delights with a diverse array of restaurants helmed by renowned chefs. From fine dining establishments to trendy eateries, Las Vegas has become a global gastronomic destination.
5. THRIVING ARTS AND CULTURE SCENE Immerse yourself in the thriving arts and culture scene of Las Vegas. Explore museums, galleries, and performances that showcase the city’s commitment to creativity and expression.
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6. NO STATE INCOME TAX Enjoy the financial benefits of living in a state with no individual income tax. Las Vegas allows you to make the most of your earnings and invest in the lifestyle you’ve always dreamed of.
7. EXCLUSIVE COMMUNITIES Discover exclusive neighborhoods that offer privacy, security, and a sense of community. From guard-gated communities to custom-designed estates, Las Vegas provides a range of options to suit your discerning taste.
8. PROXIMITY TO NATURE Escape to the natural wonders surrounding Las Vegas. From the picturesque Red Rock Canyon to the serene beauty of Lake Mead, nature enthusiasts will find a paradise just a short drive away.
9. WORLD-CLASS SHOPPING Indulge in unparalleled shopping experiences with luxury boutiques, designer stores, and high-end malls. Las Vegas is a shopper’s paradise, offering access to the latest trends and timeless classics.
10. STRATEGIC LOCATION Benefit from Las Vegas’ strategic location with easy access to major cities and international travel hubs. Enjoy the convenience of being well-connected while relishing the tranquility of your luxurious haven.
BUYING IN LAS VEGAS WITH IS LUXURY
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IN LAS VEGAS LUXURY More buyers in the luxury market hire IS Luxury to find them a home than any other real estate firm in Las Vegas. The reason is simple: in addition to providing an unrivaled experience, we have a thorough understanding of the marketplace, access to many properties that are off-market, as well as an awareness of properties that are about to be listed. We have an in-depth knowledge of the Las Vegas luxury communities and regularly know of the best properties in Las Vegas before they even hit the market. This knowledge and sophistication is why IS Luxury is the preferred deluxe real estate firm for first-time home buyers in Las Vegas.
A REPUTATION FOR EXCELLENCE Boutique. Experienced. Unrivaled. IS Luxury is known to be home to the largest selection of luxury real estate inventory in Las Vegas and the most extensive network of luxury sellers.
LAS VEGAS REAL ESTATE IS A LUXURY HOTSPOT Las Vegas has long been synonymous with luxury and extravagance, and the city’s real estate market is no exception. With grandiose mansions, opulent penthouses, and sleek modern designs, Las Vegas offers some of the most coveted luxury real estate in the world. From scenic desert views to lavish amenities, properties in Las Vegas showcase the epitome of upscale living. As the city continues to grow and evolve, the luxury real estate market follows suit. The latest trends embody a seamless blend of timeless elegance and contemporary style, delivering bespoke living that is both functional and indulgent. For those in the know, Las Vegas is a luxury real estate destination that sets the standard for refined living at its finest.
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EVANGELINA DUKE-PETRONI BROKER-SALESPERSON LUXURY REAL ESTATE ADVISOR LIC# BS.0143813 702.278.3222 | evangelina@isluxury.com @buyinglasvegas @vegasfinehomespecialist
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