Florida Economic Contribution Residency Act (FECRA)

A strategic policy proposal to convert New York-to-Florida migration into $3-5 billion in annual revenue and $20-30 billion in GDP growth. Learn how FECRA attracts high-value businesses while preventing abuse.

The FECRA Policy Proposal

Strategic Migration Policy for Economic Growth

With 750,000 New Yorkers expected to relocate to Florida in 2026, FECRA provides a tiered framework to attract high-value businesses while filtering out lifestyle relocations. Through targeted incentives and robust abuse prevention mechanisms, Florida can transform migration into sustained economic growth.

$3-5 Billion Annual Revenue:

Relocation tax on new residents, fully waived for qualifying businesses and their employees.

$20-30 Billion GDP Growth:

Five-year economic impact through new payroll, investment, and corporate income.

Three-Tier Qualification Framework:

Small Business, Mid-Market, and Enterprise tiers with escalating incentives.

Robust Abuse Prevention:

Dual verification, 3-year clawback provisions, and QREC certification system.

Job Creation Focus:

All tiers require minimum employment thresholds and Florida payroll commitments.