Monday, August 2, 2021
Home U.S.A What might be behind Javanka's transfer to Billionaire's Bunker? | Arwa Mahdawi

What might be behind Javanka’s transfer to Billionaire’s Bunker? | Arwa Mahdawi

Florida is a superb place to maneuver to if you’re a retiree or a legal. In addition to solar, sea and sand, it boasts a variety of legal guidelines which will attraction to somebody determined to maintain their fingers on their cash. These embody one thing referred to as a “homestead exemption”, which protects a Florida resident’s major dwelling (of limitless worth) from being seized by collectors.

Again in 2008, for instance, Bernie Madoff’s spouse all of a sudden switched her major residence from New York to Florida and utilized for a homestead exemption to guard her $9.4m dwelling. Weirdly, she utilized for this exemption just some months earlier than Madoff pleaded responsible to working an enormous Ponzi scheme.

That is just a few attention-grabbing Florida trivia, by the best way. I wouldn’t need you to learn an excessive amount of into it. It’s just a bit titbit that got here to thoughts, for no motive by any means, once I learn the current hypothesis that Jared Kushner and Ivanka Trump have determined to not transfer again to New York and are heading to Florida. Based on the New York Submit, the pair have spent over $30m on nearly a hectare of land close to Miami Seaside. Whereas which will seem to be a wild quantity to spend on a comparatively small piece of empty land, it’s located on the super-exclusive Indian Creek Island, which has the nickname Billionaire’s Bunker.

There are solely 41 residences on the island and it has a 13-strong police drive in addition to its personal round the clock armed marine patrol. It’s supposedly one of the crucial safe locations on the planet. Though, to be trustworthy, I can suppose of some locations with even larger safety the place among the Trump household might find yourself subsequent.

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