NAR Region X Local Market Assessments: Louisiana and Texas

Louisiana

Louisiana’s location on the Gulf of Mexico and along the Mississippi River provides a strategic advantage for foreign corporations dependent on access to major markets—nationally and globally. It is one of only two U.S. states where all six of North America’s class one railroads converge and the only state where six class one railroads converge with a deepwater seaport.

The state is home to a wide range of traditional and emerging industries. These industries benefit from Louisana’s highly productive and motivated workforce, low taxes, low cost of living, superior infrastructure and logistics, a pro-business climate and the nation’s best workforce recruitment and training program—all of which provide investors with a competitive advantage.

An attractive environment for foreign direct investment is just one factor creating international business opportunities for Lousiana REALTORS®. Follow these steps to learn more and to pursue global real estate opportunities.

Texas

For 2022, CNBC ranked Texas #5 in the country for top states for business. This rank stems from high marks for categories that include the state’s economy, technology and innovation, workforce, cost of doing business and infrastructure. These strengths are just some reasons Texas is an attractive destination for investors.

If Texas was a country, it would be the ninth-largest economy in the world (2021), surpassing Brazil, with a GDP of $1.9 trillion. The state is home to more than 1,700 foreign-owned companies employing nearly 700,000 workers and has some three million small businesses, many immigrant-owned. Adding to its global standing, in 2021, Texas ranked as the #1 U.S. exporter for the 20th consecutive year, thanks to investments in multimodal access to the world through ground transportation, water ports, rail and air service.

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Local Market Assessments

These state-level case studies can help you learn to identify and cultivate global business, a growing real estate specialty in the U.S.

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