Property in Florida could become a more attractive optionProperty in Florida may become a more attractive option for many people looking to purchase a home abroad after the state's new governor announced plans to slash taxes.

Rick Scott, who was recently sworn in as Florida's 45th governor, said he will be trying to lower the current charges on owning property by 19 per cent while in office.

Commenting on the issue previously, he said: "The property tax burden is Florida's number one tax problem.

"As governor, I will tackle this problem head on – not impose 'band-aid' solutions that provide temporary relief to one group of people."

According to the politician, the move will help to lower unemployment by making the state more attractive to investors and businesses, resulting in job creation.

Mr Scott, a former chief executive officer of a large hospital chain, has also vowed to bring down corporate tax and reduce unnecessary regulatory burdens on firms operating in the region.

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