Las Vegas is Now Open for Business
The reports of the downfall of Las Vegas are too early to say that the least. If you look at the history of this city, no one ever got rich gambling against it, and especially not when it comes to Las Vegas homes.
Maybe many
of you hear so much of that “sky is falling” babble from television, but the
reality is the local details on the ground are not so dire. Are we going
through a tough time? Certainly, but its only temporary and this place has too many
strengths and exclusive uniqueness to stay behind the eight ball for a long
time.
Case in point; the nonpartisan and
non-profit Tax Foundation of Washington D.C has recently released their 2010
standings for the most business friendly tax policy state. How did we do? Right
behind Alaska, South Dakota and Wyoming is the Silver State (Las
Vegas, Nevada) as the 4th tax friendly environment for business to
control and develop in.
In case you are thinking how much realistic
effect this climate of tax standings has for how business will bloom in the coming years, see these two examples. California – based Amonix, a company
that produce solar power system, just broke ground a few months ago on a new
manufacturing facility in Northern Las Vegas. The plant will produce
photovoltaic systems and will run a 24/7 productivity and create 278 new
Southern Nevada jobs after completion. Another good example is the U.S. Micro
Corporation (a leader in IT skilled disposition and data safety) which
announces on the 28th of October, the company will move its
corporate center of operation from Atlanta all the way to Las Vegas. The new
H.Q is specifically intended to meet LEED Gold Certification Environmental
Standards and will carry 100 jobs to Las Vegas homes.
Las Vegas, Nevada is extremely open for
commerce and the news of its demise are seriously too early to tell. Despite
the harshness of the present recession, I wouldn’t bet against this place.