Las Vegas is the new home for thousands of remote workers across the U.S. The Economic and Urban Development department of the city launches the campaign innovate.vegas to target tech workers from all over the country. Promoting the lack of state income tax, affordable housing, and low living costs, the valley is one of the best places in the U.S. for remote workers.
Soon after the beginning of the pandemic, the valley recorded a 1.2% population increase. In an interview, City Business Development Manager Rayan Smith launched a campaign to attract remote tech employees in the Bay Area. Remote workers with stable incomes help stabilize the economy while the unemployment rate increased 15% after the pandemic. Targeting San Francisco, Seattle, and Los Angeles, the city is becoming the new home for thousands of tech talent.
After the pandemic, top tech companies such as REGO Automotive and AI-RGUS are also moving their operations to Nevada. Based in Las Vegas, Spotify is starting the Working From Anywhere program. Who lives far from the office will have a free co-working space membership.
Companies, sports teams, and remote workers have good reasons to move to Las Vegas. Following the city campaign, there is no state income tax, estate tax, or inheritance tax. Nevada has one of the lowest rates in the U.S.: per $100,000 of assessed home value, the median property tax rate falls at $533.
The city of gambling continues to be one of the most popular destinations for businesses and industries. After the pandemic, the valley is also a top destination for remote workers. With tech companies settling their operations and remote workers moving in, the city is becoming a center for new opportunities and businesses.