Economic Development for Las Cruces & Southern New Mexico, USA

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If your company is considering a move, MVEDA is ready to make your move a success!

Economic Development in Las Cruces New Mexico

Texas/Mexico Border Residents’ Tax Exemption

Non-resident employees may allocate their compensation to their home state. Since Texas does not have a personal income tax, Texas residents working at the enterprise won’t have to pay any state income tax on their compensation from the enterprise.

The enterprise must be in the manufacturing business, physically located within 20 miles of the Mexican border, have at least 5 employees who are New Mexico residents and not receiving Job Training Incentive Program funds.

[Job Training  Incentive Program] [Industrial  Revenue Bonds] [Property  Tax Exemption] [Double  Weighted Tax] [Investment  Tax Credit] [Rural Jobs  Tax Credit] [Border Resident  Tax Exemption]

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Mesilla Valley Economic Development Alliance (MVEDA)
PO Box 1299, Las Cruces NM USA 88004-1299  Toll Free: (800) 523-6833

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