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Connecticut
1 of the 13 first colonies, Connecticut has historically been really industrial. Its production roots day back again to the American Revolution with the creation of firearms and ammunition. Protection producing stays integral to the Connecticut overall economy, which includes armed service items these as jet engines, helicopters and submarines. The point out is also a chief in qualified and specialized fields, attracting company places of work of global corporations and U.S. and North American headquarters of international businesses.
Connecticut’s share of foreign-born residents (15.2%) exceeds the national charge of 13.6%—with some areas boasting in particular significant numbers of immigrants, including from India, the source of the greatest amount of immigrants in the state.
These are just some components that build worldwide business alternatives for REALTORS® in Connecticut
Massachusetts
Like several early U.S. states, Massachusetts developed from an agricultural center to a manufacturing center. Right now, the condition is a major services heart supported by a single of the country’s strongest labor pools. Four-fifths of the gross point out merchandise is tied to company industries, with higher training, health care and engineering participating in a primary job. Massachusetts’s prestigious schools and universities generate really experienced employees who help sustain financial progress and generate new enterprise opportunities, quite a few funded through foreign direct expenditure (FDI).
Massachusetts is the 15th most populous state, with an approximated 6.95 million individuals in 2023. In 2021, 17.6% of Massachusetts citizens had been overseas-born—the seventh highest percentage in the state, in accordance to U.S. Immigration and Border Stability. These immigrants are important in supporting the state’s support sectors and attracting FDI, serving to to make Massachusetts a world-wide chief in innovation and an great location for global firms to create their existence in the United States. Use the details in this report to discover possibilities in your market for world wide organization.
Maine
Identified for its pristine pure natural environment, Maine presents a vivid and pleasant business enterprise group. Strategically locatedvin the northeastern United States, 90 minutes north of Boston and bordering two Canadian provinces, Maine gives considerable current market accessibility to North The usa in an advantageous location for companies to import and approach raw components and export completed goods. It is residence to 3 deepwater intermodal ports.
The state’s global trade center gives custom made consulting, research and a network of connections throughout Maine and around the earth to guidance worldwide trade—creating household and professional real estate enterprise possibilities. Use the information in this report to create a world-wide true estate business strategy.
New Hampshire
Situated in the northeastern corner of the region, New Hampshire is bounded by Canada on the north, Massachusetts on the south, Vermont to the west, and Maine to the east conserve a short extend of Atlantic Ocean waterfront—which presents access to the state’s only deep-drinking water harbor, Portsmouth Harbor. Portsmouth handles 3.5 million tons and virtually $2 billion of cargo yearly.
Whilst New Hampshire accounts for fewer than 10,000 square miles of land, it has substantially to supply the global sector. The Manchester-Boston Regional Airport, a rail community and a few interstate highways, places the point out in a strategic location in the coronary heart of New England, shut to marketplaces and purchasers in Boston, New York, Montréal and past. New Hampshire’s population is remarkably educated, significantly numerous and escalating.
Acknowledged for its normal beauty, outsiders normally understand it as agricultural. Still New Hampshire’s economy is diversified, with producing, tourism, health care, and authentic estate all taking part in a significant position. It has small business-friendly tax insurance policies, and its substantial proportion of STEM-educated citizens offers a expertise pipeline essential to attracting inbound overseas financial commitment
These are just some factors symbolizing global small business alternatives for REALTORS® in New Hampshire.
Rhode Island
At just around 1,000 sq. miles, Rhode Island is the smallest condition in the nation, but its strategic spot in the Northeast Corridor makes possibilities for world wide organization. Found in between New York City and Boston, the state generates $66 million in GDP with an 8.9% nominal GDP progress from 2020 to 2021 and a 5.5% GDP progress for this same interval when adjusted for inflation. Rhode Island offers New England’s cheapest corporate tax rate and features a secure company ecosystem, a sturdy expertise pipeline and a vibrant financial improvement hub.
The Northeast I-95 corridor lets simple entry to New York and Boston and airports and delivery terminals that serve international marketplaces. According to the John H. Chafee Heart for Global Business, the corridor generates $3.75 trillion in financial output. If a independent nation, this location would be the fourth major economic system in the earth, powering the U.S., China and Japan.
Vermont
Found in northwestern New England and sharing a border with Canada, Vermont’s location delivers a strategic advantage for firms accomplishing company with Montréal, Boston and New York City.
The state is predominately rural, with almost 80% covered by forests. Much more than 80,000 acres of forest land is held by international possession, including around 40% by Canadian entities. Canada plays an outsized part in Vermont’s international small business activities—as a trade spouse and employer of Vermont employees. Use this report to recognize much more about worldwide business chances across the condition and produce a strategy to faucet into these alternatives.
