In recent years there has been a rapid increase in companies coming to Texas. Companies such as AT&T, Caterpillar, Exxon Mobile, Hewlett Packard, Oracle, NRG Energy, and Charles Schwab are all top companies that call the Lone Star State home. It’s no coincidence that Texas has become a relocation hub for many of these companies and here’s why.
- Talented pool of candidates – Cities in the DFW area are a hotbed for talent. Businesses have access to a more diverse, educated, professional, and skilled labor force. Companies have a bigger talent pool to hire from which can help propel their businesses forward.
- Better housing market – Texas has seen an influx of companies moving from states like California and New York. Homeownership is within reach in Texas, making the housing market more favorable to buyers looking to purchase new homes in DFW.
- Incentives for businesses – Taxes are a major incentive for companies relocating to Texas. There are also better incentives for small and minority owned businesses. Texas doesn’t have corporate or state income taxes. The tax policies in Texas are very favorable for businesses which can help them save money and lower their operating costs.
- Improved quality of life – Texas is less expensive than both New York and California. A major incentive for businesses to relocate to Texas is that the Lone Star State is more affordable and offers a lower cost of living for its residences. Texas also offers lots to do and experience with a rich history and thriving arts and food scene. Texas is an attractive place for people to live, work, and play providing a better quality of life for employees.
Has your company recently relocated to the Dallas-Fort Worth area? If you’re looking for a new home to make your own contact us at 469-294-0196. We have an array of new homes in DFW available for sale too choose from that will be perfect for you.