Business Is Booming In AZ As California Companies Set Up Shop

By
Real Estate Agent with Keller Williams Realty EV (AZ) & Keller Williams SLC (UT) 629265000 & 7238507

Business Is Booming In Arizona As California Companies Set Up Shop

2017 saw over 50,000 Californians move to Arizona due to the spiraling cost of living in the former. But it's not only new residents that the Copper State is gaining as it also welcome new business coming in as California companies continue to be driven away by burdensome regulations and crippling costs.

Reports by Chief Executive Magazine in the last four years have Arizona ranking consisently in the top ten best states for business, offering innovative-friendly regulation, low taxes, a talented and qualified workers as well as an exceptional quality of life.

On the flip side, California has ranked last since 2015, highlighted by a trend of nearly 50 Golden State state companies setting up shop in the Grand Canyon State. This growing number of California companies migrating to Arizona include the likes of Google and Apple, generating over 18,000 jobs with more than $9 billion in capital per reports from the Arizona governor’s office.

In addition, Amazon, Acronis, Valor Global and TEKsystems have announced expansions. Infosys is looking to hire 1,000 workers by 2023 with the creation of innovation hub in Phoenix.

The Greater Phoenix Economic Council also reports that around a hundred or so companies evaluating Greater Phoenix are from technology, corporate services, and manufacturing businesses originating from California technology. GPEC is behind the #CAStruggles campaign and TimeToGetOut.io website promoting the Greater Phoenix area as the place to be for businesses and individuals alike looking to enjoy benefits ranging from lower corporate income tax, lower median home cost and lower top individual income tax rate.

Gov. Doug Ducey (R-AZ) said it best in a statement. “With a booming economy, budget surplus, talented workforce, low regulation and tax environment, and unbeatable quality of life, it’s no wonder business leaders increasingly want to come to Arizona.”

“The word is out on Arizona. We are open for opportunity. And we will continue to implement smart policies that grow jobs and allow us to continue investing in the things that matter.”

 

 Source Article:

https:/azbigmedia.com/

 

 

 

Is Your Home Worth More Than You Think?
 
 
 
Call or Text
SHANNA DAY, 480-415-7616
for any questions or more information!

 

Click here to view all of the Shanna Day Team Featured Listings


FUTURE QUESTIONS

If you have any topics or questions you would like answered, contact The Shanna Day Dream Home Team - we’ll find the answers for you!

Shanna Day Dream Home Team

Keller Williams Realty East Valley

480-415-7616

info@shannaday.com

ShannaDayTeam.com

View ShannaDay Dream Team Profile

 

 

 

Business Is Booming In Arizona As California Companies Set Up Shop

Posted by

Shanna Day Dream Home Team

https://plus.google.com/112829348058511259992

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Local News and Events
Tags:
google
apple
amazon
moving to arizona
booming
california business
best states for business
arizona business
why move to arizona
az economy
castruggles
timetogetoutio

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
746,586

Shanna Day Team Leader AZ & UT - Call 480-415-7616

Top .0033% of 40,000+ Realtors in our MLS
Ask Me a Question...
*
*
*
*
Spam prevention

Additional Information