America's Growth Cities
Technology Growth Heats Up
Emigrating IT professionals seeking an agreeable lifestyle and sunny climate would do well to consider Phoenix, Arizona, where the technology industry is looking in earnest to fill jobs in almost every category.
Phoenix Mayor Greg Stanton announced in a recent speech that the number of tech companies expanding to or starting up in his city has nearly quadrupled in the last five years.
What’s behind it? Along with that agreeable lifestyle (330 days of sunshine a year) Phoenix is a cost-effective place to do business. Much more so than San Francisco or Boston or New York. And there’s the all-important synergy factor. “Throughout the city,” Mayor Stanton said, “we see how innovation breeds innovation.”
Live In America is big on innovation, having adapted the commercial real estate expertise of its parent company, The LCP Group, to the EB-5 investment process, to aid emigrating IT professionals and business executives in achieving United States citizenship for themselves and their families.
Entrepreneurs in that category should take note of the StartupAZ Foundation, which was created as a way to provide connectivity and capital for growing technology companies in Greater Phoenix.
The favorable Phoenix cost scenario is reflected in the city’s residential real estate. The median price of a home downtown is $223,000. In the upscale suburb of Scottsdale it’s $435,000. That’s a fraction of the average cost of a home in the Silicon Valley community of Palo Alto, which is $2.3 million.
There are excellent public and private schools in practically all Phoenix districts. For college, Arizona State University is a public research university on five campuses across the Phoenix Metro area. U.S. News & World Report ranked ASU #1 among the Most Innovative Schools in America for the third straight year. Tuition for students living in the state is $10,790.
Outdoor life in Phoenix gives outdoor new meaning. There’s hiking and climbing on Camelback Mountain, golf courses aplenty, including famed Troon North and challenging We-Ko-Pa where the holes zigzag through canyons. There’s horseback riding across magnificent desert landscape, and an outing upstate will put one on the rim of the Grand Canyon.
For cultural attractions, the 76-member Phoenix Symphony offers classical and pops concerts featuring world-class guest artists in elegant Symphony Hall. The Arizona Theatre Company performs six productions a season, having concluded 2017 with the world premier of Holmes and Watson. Taliesen West in Scottsdale was architect Frank Lloyd Wright’s winter home and is one of the most striking residences to be seen anywhere. And a walk through Phoenix’s 140 acre Desert Botanical Garden will do any heart good.
Live In America will continue to feature opportunities and agreeable lifestyles in fast-growing technology centers. If you have questions about how to proceed with the EB-5 process, or would like more information about Phoenix and its rapidly expanding tech industry, send us an email to: