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Texas remains second in the nation for relocation activity in 2019
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AUSTIN, Texas, Feb. 10, 2021 /PRNewswire/ Texas ranked second in the nation for relocation activity in 2019, according to the 2021 edition of the
Texas Relocation Report released today by Texas Realtors, which analyzes the latest available migration data from the U.S. Census Bureau and U-Haul.
2021 Texas Relocation Report By The Numbers Once again, Texas welcomed more than half a million new residents from other states, said Marvin Jolly, 2021 chairman of Texas Realtors. Some move here for a lower cost of living than where they re from, a great quality of life, diverse job opportunities, good weather there are many reasons people continue coming to Texas.
Tesla s Elon Musk could save billions in move to Texas
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Gov. Greg Abbott and Elon Musk threw up a hook em in July. As a newly-minted Texan, Musk can save billions of dollars in capital gains taxes if he decides to sell some of his Tesla stock.Screenshot via Facebook/Greg Abbott
Elon Musk said he moved to Texas because he was fed up with California’s COVID-19 response and to be closer to his Tesla and SpaceX facilities in the Lone Star State.
But there could be another reason for Musk’s big move: avoiding California’s capital gains taxes.