"My family and I will be making Palm Beach, Florida, our Permanent Residence," the president tweeted.
"I cherish New York, and the people of New York, and always will, but unfortunately, despite the fact that I pay millions of dollars in city, state and local taxes each year, I have been treated very badly by the political leaders of both the city and state. Few have been treated worse."
According to a report in The New York Times, Trump and his wife Melania filed individual declarations of domicile in September changing their primary residence from Manhattan to Palm Beach.
House officials declined to comment on why Trump changed his primary residence but the paper’s source close to the president said the decision was taken primarily for tax purposes.
Florida, which does not have a state income tax or inheritance tax, has long been a place for the wealthy to escape the higher taxes of the Northeast, according to the Times.
Since assuming office, Trump has spent 99 days at his Mar-a-Lago resort compared with 20 days at Trump Tower, according to NBC News.
Trump also understands the significance of Florida as he seeks reelection in 2020.