A developer based in Las Vegas, Nevada, Thomas Jurbala serves as the director of senior housing for the Calida Group. In this capacity, he manages the development and acquisition of Las Vegas senior living facilities. During his career of more than two decades, Thomas Jurbala has been involved with several senior living developments in Nevada.
Individuals who retire in Nevada have many activity choices: skiing, hiking, camping, or enjoying the entertainment in Las Vegas. Thanks to all these options, retirees have the opportunity to enjoy a variety of adventures without ever leaving the state. Further, retirees can gain access to these activities without taking on an expensive mortgage. Average home prices in Nevada hover around $200,000, and home values have been steadily increasing over the past several years.
Perhaps the greatest benefit of retiring in Nevada is low taxes. Residents within the state are not required to pay any state income tax. While sales tax can reach up to eight percent depending on the county, many other items are exempt, such as prescriptions and food. As a result, retirees can stretch their retirement money much farther than in other states.
In addition to this, Nevada does not tax social security income or income from retirement accounts, nor does it assess taxes on inheritances or estates. Plus, the property taxes within the state are significantly lower than in certain other areas. For an average home, property taxes range around $1,400 each year.
