Wealthy Californians are moving to Paradise Valley for large lots and lower taxes.I visited Paradise Valley in April and found sprawling mountainside estates.With privacy and easy access to Phoenix, it’s easy to see why billionaires want to live there.
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In Paradise Valley, Arizona, millionaires can feel like they live in the middle of nowhere — and get to the airport in 20 minutes.They may spend their days in the desert paradise golfing at exclusive, members-only clubs, shopping at high-end stores nearby, or lounging poolside on their sprawling, secluded estates.Sometimes called the “Beverly Hills of Arizona,” the Phoenix suburb is the richest town in the state and has long drawn high-profile residents. And over the past decade, Paradise Valley has become even more popular for wealthy Californians who are swapping out the West Coast life for large lots and lower taxes in the Arizona wealth enclave.
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Longtime Paradise Valley real-estate agent Shawn Shackelton told Business Insider that her clients are typically C-suite executives, entrepreneurs, medical professionals, or retirees.I visited Paradise Valley for the first time in April to get a taste of the luxury desert lifestyle.
