Louisiana Real Estate

Commerce

Although, struck a few years ago by hurricane Katrina, Louisiana is undergoing many restoration projects in the New Orleans area. Priding itself on its cultural offerings, the state has some of the finest restaurants, major museums, historic sights and art galleries in America. Businesses recognize the state’s potential for growth and are attracted by one of the most generous and comprehensive business incentive packages in the nation, including property tax exemptions, tax credits for new jobs, freeport laws for goods in transit and enterprise zones. Louisiana has always been a major American producer of oil and natural gas as well as a center of petroleum refining and petrochemical manufacturing, even to this day. Louisiana's generally mild climate, with short mild winters as well as long, hot and generally humid summers, is one of the reasons why some people seeking warmth and sunshine choose to live here. Current growth in the real estate market can be attributed to artists seeking inspiration and retirees’ seeking the laid-back life the state offers. Louisiana’s income tax is one of the lowest in the nation, and expenses from food and housing to utilities and healthcare are relatively affordable.