BIGGER in Texas

 

Everyone has heard that saying…but it’s true!   Just look at the sheer size of Texas.  Texas is the 9^th largest economy in the world.  Yep I said “world”.   While Texas is definitely big in every way, there is always still that sense of community, and you’ll notice that willingness to be helpful.  Total strangers demonstrating southern hospitality; it’s an amazing thing to witness!

As so many businesses have discovered, it’s all about the talent.  We proudly boast of our highly educated, diverse, multinational workforce.   There is a wide range of economic incentives that are creatively applied, attracting many Fortune 500 companies to move their global headquarters to Texas...Oracle, Hewlett Packard, Toyota and Tesla for example.  In fact, 50 companies with headquarters located in Texas earned a place on Fortune magazine's 2020 list ranking enterprises with the 500 highest fiscal year revenues in the nation.

A recent podcast narrowed it down well to the “Three Pillars of Relocation”.   In quick summary:

1. Community…the fear of missing out…Texas is the “IN” thing, and people want to be a part of that.  There is always a lot going on in Texas!
2. Commerce…show me the money!  Companies moving here to be closer to the money to be successful.  The ability to get product to the customer quickly and efficiently.  4 major markets with a $1.6 trillion economy.
3. Culture….friendly people, quality of life, fun place to live, raising a family, low cost of living, no state income tax, very affordable housing, just to name a few.

In 2020, Texas once again led the U.S. in exports, as it has every year since 2001, according to Census Bureau data.  And Texas is consistently ranked first or among the first every year by various organizations as one of the most business friendly states.  Texas continues to gain new residents and businesses because of its no personal income tax, overall low taxes and less regulatory burdens.
 

A few Texas fun facts…

Texas was its own country from 1836-1845, when it finally agreed to join the United States

Texas is larger than any country in Western Europe

Texas is second in size only to Alaska

You can fit the island of Manhattan within the DFW airport

Every year more people move to Texas from other states than leave

The Texas State Capital is taller than the U.S. Capital by 15 feet

Texas is North America’s leading producer of crude oil

If your business is looking to relocate to Texas, give Paragon Relocation a call.  We know how to make the individual move or group move to Texas a smooth and painless transition for your employees and their families.

In Texas we like to say there’s a town for everyone, so if you’re not from Texas (like me, born and raised), well what are you waiting for.   Come on in, we’ll leave the light on for you.   Then you too will be one of those many that came before you who have said…”I’m not from Texas, but I got here as quick as I could.”  😉

Texas is more than a state…It’s a state of mind!!

Welcome Y’all!!