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New Mexico State (U.S.A.), a land of spaceport, Oil and gas, tourism, air force bases, and Economic incentives




New Mexico is attractive. New Mexico provides a number of economic incentives to businesses operating in the state, including various types of tax credits and tax exemptions. Most of the incentives are based on job creation.
New Mexico is a growing market of + 3 million consumers with a law which allows governments to provide land, buildings, and infrastructure to businesses to promote job creation.
Oil and gas production, tourism, and federal government spending are important drivers of the state economy.
State government has an elaborate system of tax credits and technical assistance to promote job growth and business investment, especially in new technologies.
New Mexico is the third leading crude oil and natural gas producer in the United States.
Federal government spending is a major driver of the New Mexico economy. Many of the federal jobs relate to the military; the state hosts three (Kirtland Air Force Base, Holloman Air Force Base, and Cannon Air Force Base); a testing range (White Sands Missile Range); and an army proving ground and maneuver range (Fort Bliss – McGregor Range).
New Mexico imposes a Gross Receipts Tax (GRT) on many transactions, which may even include some governmental receipts.
Property tax is imposed on real property by the state, by counties, and by school districts. In general, personal-use personal property is not subject to property taxation.
New Mexico has long been an important corridor for trade and migration.
The Santa Fe Trail was the 19th century US territory's vital commercial and military highway link to the Eastern United States.
New Mexico's Interstate Highways approximate the earlier land routes of the Camino Real, the Santa Fe Trail and the transcontinental railroads.
The automobile changed the character of New Mexico, marking the start of large scale immigration to the state from elsewhere in the United States.
Rural and intercity public transportation by road is provided by Americanos USA, LLC, Greyhound Lines and several government operators.


The New Mexico Rail Runner Express is a commuter rail operation train that runs along the Central Rio Grande Valley.
New Mexico is served by two class I railroads, the BNSF Railway and the Union Pacific Railroad. Combined, they operate 2,200 route miles of railway in the state.

A commuter rail operation, the New Mexico Rail Runner Express, connects the state's capital, its largest city, and other communities.
Amtrak's Southwest Chief passes through daily at stations in Gallup, Albuquerque, Lamy, Las Vegas, and Raton, offering connections to Los Angeles, Chicago and intermediate points.

The Albuquerque International Sunport is the state's primary port of entry for air transportation.
Upham, near Truth or Consequences is the location of the world's first operational and purpose-built commercial spaceport, Spaceport America. Rocket launches began in April 2007. It is undeveloped and has one tenant, UP Aerospace, launching small payloads.
 Virgin Galactic, a space tourism company, plans to make this their primary operating base.


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