Homestead exemption
A property-tax reduction for owner-occupied primary residences. Filing for it in your new state is part of every domicile-change checklist.
Most US states offer a homestead exemption that reduces property tax on owner-occupied primary residences. Florida's exemption is among the most generous (~$50K of assessed value plus the 'Save Our Homes' annual cap). Filing for homestead in your new state is a key piece of evidence supporting domicile change, and dropping the homestead exemption in your old state cuts your tie there. Most states require you to claim only one homestead at a time.
Related terms
Impatriate regime (Italy)
Italian tax break: a 50–60% reduction in taxable employment income for qualifying inbound workers, for a fixed five-year period.
Habitual abode
A tax-treaty tie-breaker step: the country where you usually live. Decided primarily by day counts.
Lump-sum taxation (forfait fiscal)
Swiss regime that taxes qualifying foreigners on a deemed lifestyle expense rather than actual income.
Gewöhnlicher Aufenthalt
German tax-residency concept: habitual abode established by 6+ consecutive months of presence in Germany.
Millionaire's Tax
Massachusetts 4% surtax on personal income over $1 million, effective 2023. On top of the 5% base rate.
Foyer
French tax-residency concept: the habitual home of you or your family. Triggers French residency without requiring 183 days.
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Track the rules these terms describe
Tax Days turns these concepts into a live day count across every US state, federal SPT, Schengen, and 200+ countries.
