Relocating to Austin, Texas
California tax increases prompt businesses to ask about moving
- Is California Governor Jerry Brown on the payroll of the Austin Chamber of Commerce?
The Austin chamber regularly recruits in California, sending about eight delegations of chamber members a year to talk with various business prospects in that state.
Many California tech companies are familiar with Austin because of its existing tech community, the presence of the University of Texas at Austin and the local tech workforce.
Now, with the California tax hikes, Porter said, the chamber is getting inquiries and visits from high-tech executives who are considering relocating their headquarters operations out of California to avoid that state’s income taxes.
“We have had tons of prospects and inquiries from California,” Porter said. “And the common theme is: the sooner (the move out of California) the better.”
Other states, including Nevada and Michigan, also are competing for relocation projects from California, and they are actively offering tax incentives.
Plan your trip today and visit the city where your job is going.