Economic Advantages

The state of Delaware is often recommended as a resort home or retirement destination due to its economic advantages.  A few of these include:  

• No sales tax.
• No personal property, real property, or estate taxes.
• Little or no income tax on trusts.
• 3rd least tax burdensome state in the nation for individuals.
• 9th most "business friendly" state.

Kiplinger Personal Finance Magazine named Delaware the most tax-friendly state for retirees in 2006.

Home values also growing. Delaware ranks 13th in the nation among the states with the greatest 1-year home price appreciation for the year ending March 31, 2006.

Visit us at Bayside and let us show you how you can share in the benefit of Delaware's ecomonic advantages too.