North Dakota’s Economic Growth Leads the United States
North Dakota’s business climate has gained a reputation for supporting emerging businesses, entrepreneurs, and expansions.
Location USA 2014
Leading the Nation
For the past three years, North Dakota’s economy has continued to outpace all other states according to the U.S. Bureau of Economic Analysis reports. Factors driving the state’s robust economy include continued growth in economic production, new jobs, and increasing export sales, leading economic indicators show.
#1 Best States for Young Adults — Moneyrates.com
#1 Best-Run State in the nation — Wall Street 24/7
#1 Growth Performer States Since 2000 — U.S. Chamber
#2 Best States for Business — Forbes magazine
#2 In State Competitiveness — Beacon Hill Institute
#2 Best States for Entrepreneurship — University of Nebraska
#3 Top States for Business — CNBC
#3 Pro-Business State — Pollina Corporate RE
Quality of Life
North Dakota is an impressive state with rolling prairies, majestic badlands, and abundant wildlife. It is also a state with exciting cities, excellent fine dining, great places to stay, and casino nightlife. Water parks, amusement parks, and state parks offer endless entertainment for families and the young-at-heart.
International Investor Program
The immigrant investor, or EB-5, program enables a foreign national to obtain permanent residence status in the U.S. Under federal law, immigrant visas are available to qualified individuals seeking permanent resident status on the basis of their engagement in a new commercial enterprise. The North Dakota/Northwest Minnesota EB-5 center located in Grand Forks, N.D., can assist investors with identifying investment opportunities and accessing the EB-5 program.
Doing Business in North Dakota
Business incentives, accessibility to government officials, and work force performance, combined with North Dakota’s favorable position as one of the lowest cost states for operating a business, are driving top companies to establish operations in North Dakota, and investors to invest in North Dakota-based enterprises.
“North Dakota has successfully implemented a long-term strategy to create one of the best business climates in the nation,” Department of Commerce, Economic Development & Finance Division Director Paul Lucy says. “Our goal is to provide an environment for North Dakota-based businesses that strengthens their competitive position in the global marketplace.”
Combined with a legendary work ethic and a highly educated work force, North Dakota has become a dynamic place to live, work, and be in business.