Thank you for your responses.

Thankfully my wife & I are is good health. We plan on keeping a home in New Jersey whether we buy in SXM, Florida or any other area so we can have a home near family & friends.

I am seeking information on less obvious benefits, downsides & considerations of owning/living in SXM such as additional taxes/tax savings, health insurance, property & casualty insurance especially potential higher rates for Americans. I guess I'm trying to figure out if there are potential issues - good or bad - that you wished you knew before buying a place in SXM that may have impacted the decision.