Kathy Hochul
Governor of New York
Miami Connection
Hochul's New York policies accelerated the exodus of affluent residents to South Florida, particularly Palm Beach, bolstering the local tax base and economy. Her recent pleas to reverse this migration highlight South Florida's appeal as a haven for high-net-worth individuals fleeing high taxes. This population shift has enhanced Miami/South Florida's status as a growing hub for finance and business.
About
Kathy Hochul has served as Governor of New York since 2021, following her tenure as Lieutenant Governor. Her administration faced criticism for COVID-19 policies favoring teachers' unions, keeping schools closed and enforcing masks, which drove many families and high-net-worth individuals out of state. In 2022, she publicly told wealthy New Yorkers to 'jump on a bus and head down to Florida' amid policy disputes. Recently, at a March 2025 summit, she lamented New York's eroded tax base and urged supporters to visit Palm Beach to lure residents back. No direct residence or professional role in Miami/South Florida; her policies indirectly influenced migration trends to the region. Currently remains in her gubernatorial role amid ongoing state challenges.