Fidelity has announced it is moving 1,500 employees to Rhode Island next year.

The Boston Herald did a comparison of Boston and Providence (click on photo to read).

Boston comes out ahead.  Ahem, a lot ahead.  Are you surprised?

In an accompanying article, Jay Fitzgerald lets us know that, while MA has a higher average home price ($400,000 vs. $271,000), RI has a higher income tax rate for the rich (9.9% in RI vs. 5.3% in MA).

But, it turns out, Fidelity employees won’t have to worry about it:

Fidelity … “lobbied for and received last year a special tax break that lowers the impact on those high-salary employees expected to move to Rhode Island

Contact me to find to set up an appointment to start your Boston condo buying process.

Boston condos

Boston condos for sale


For more information please contact one of our on-call agents at 617-595-3712.

Updated: January 2018

Call Now