If you’ve been dreaming of a fresh start in a place that is coastal, scenic, and financially smart, New Hampshire may be just the place. With its charming towns, natural beauty, and tax-friendly policies, more and more buyers are finding their ideal home here in the Granite State. Let’s explore the key tax benefits of moving to New Hampshire.
1. No State Income Tax
One of the primary reasons people move to New Hampshire for tax reasons is the absence of state income tax. Here, you keep more of what you earn. The state does not tax earned income, and as of January 1, 2025, there is no tax on interest or dividends either. Whether you're working full time, easing into retirement, or managing investments, your income goes further here. (Source: Kiplinger Tax Guide 2025)
2. No General Sales Tax
Another standout tax benefit of moving to New Hampshire is the absence of a general sales tax. That’s right! Residents enjoy transparent pricing without added costs at checkout. Everyday essentials, big purchases, and everything in between are free from state‑level sales tax, making New Hampshire one of the most tax‑friendly states in the country. (Source: NH Department of Revenue Administration) The state does have a real estate transfer tax, which is 1.5 % of the purchase price (typically split between buyer and seller), but it’s a clear, predictable, one‑time cost. Cohen Closing & Title provides a helpful guide on exactly how it’s calculated.
3. No Estate or Inheritance Tax
Planning ahead is important, and New Hampshire offers peace of mind when it comes to passing on your legacy. There are no state estate or inheritance taxes, making it easier to transfer assets to loved ones without an extra layer of taxation. (Source: Kiplinger State-byState Tax Guide)
4. A Supportive Environment for Remote Workers and Business Owners
Whether you’re building a business, consulting, or working remotely, New Hampshire offers a supportive environment with a variety of tax credits and incentives. Many buyers find that this flexibility, combined with the state's strong local infrastructure and high quality of life, makes New Hampshire an ideal place to live and work. (Source: NH Department of Business and Economic Affairs)
5. Property Taxes: A Practical Perspective
New Hampshire relies on property taxes to fund local services like schools, public safety, and road maintenance. While property tax rates can be higher than in some areas, they’re part of a tax structure that excludes income, sales, and estate taxes, keeping the overall tax burden often lower than in surrounding states. (Source: Tax Foundation)
Discover New Hampshire's Tax-Friendly Lifestyle
At Tate & Foss Sotheby’s International Realty, we’re here to help you explore the many reasons why New Hampshire is a low-tax state worth considering. From its incredible tax benefits to its vibrant communities, we understand the local market—and the questions that come with relocating—and we're here to make the process seamless.
Whether you're drawn to the ocean breezes of Rye, the vibrancy of Portsmouth, or the charm of North Hampton, there’s a community here waiting to welcome you.
