RELOCATION

• Relocation to Las Vegas

Declining unemployment, an expanding skilled-labor force, an exceptional tax structure, a pro-business environment, and a great climate have made Las Vegas a desirable place to relocate.

The population explosion in the 80s and 90s resulted in great opportunities to open new businesses and create more jobs. Over the last decade, job diversity has expanded, with more focus away from the gaming industry.

Since tourism generates nearly one-third of the state’s annual tax revenue, business owners are not subject to corporate income tax, personal income tax, franchise tax, inventory tax, or unitary tax on the state level.

If you are planning to relocate, Las Vegas should be at the top of your list of desirable places to live.

When most people decide it's time, for them, to retire, they must make important, personally relevant, decisions, in terms of where they might reside, during these so - called, Golden Years! Basically. their choices may be, between: remaining in their same home; down - sizing (either remaining in same geographic area, or not); relocating to another house (which they own); and/ or, decide to rent, instead of owning. Why one decides, and determines, it's time to relocate, there may be several reasons, and, in light of that, this article will attempt to, briefly, consider, examine, review, and discuss, 5 specific reasons, and some reasons.
1. Climate, and health - related: One of the frequent reasons, some Senior Citizens, decide to relocate, is their quest, for a better, more comfortable climate. Many people, who have lived, and worked, in the Northeast, decide, when they retire, it makes sense, to move South, to Florida (often), South Carolina, Georgia, or some other, warmer climate. Perhaps, it's simply, because they want to spend their retirement years, being able to enjoy the outdoors, year - around, and/ or, it may be health - related, recommended by their physician, and/ or, their personal comfort zone!
2. Overall Cost of Living (COLA): The cost of living, in certain areas, of this nation, are, often, far lower, than in other regions! In order to make their often - lower, incomes, go - further, they seek, somewhere, where overall costs, may be less expensive, and they might get, more bang - for - the - buck! Some of these costs, may include: lower taxes; far - less expensive housing expenses; less costly, food and entertainment, etc.
3. Housing costs: As a Real Estate Licensed Salesperson, in the State of NEw York, for over 15 years, I witness, the ever - increasing, cost of houses, in this region (Long Island, NY), where I reside. When one may not have the same need, to access, things, such as employment, etc, he may search for a place, to live, which might cost him less! Many areas of this nation, have houses, which sell for, only a fraction of what, they cost, where they live!
4. Down - size: As we age, our housing requirements, and needs, often change! Many feel, they no longer, need, as large a house, and/ or, property, either, for costs - related, reasons, or, maintenance issues (perhaps, health - related). In addition, some, no longer, wish to climb - stairs, and seek, alternative style homes, which might better fit, their existing priorities, etc.
5. Seek something different/ change: Some, when they retire, seek changes, or something, different, when they have new, and/ or, differing life - styles!

How to Downsize the Right Way

Smaller mortgage payments and spending less time dusting those spare rooms may sound like a dream come true


Wouldn’t it be nice to have less to clean and more money in your pocket?


Financial Benefits of Downsizing

Still not convinced? Then it’s time to bring out the big guns and talk money. What if you reduced your mortgage by $500 a month and put that cash toward other financial goals? Check out three strides you could make:

1. Attack Your Debt Snowball

If you’re working hard to kick debt to the curb, downsizing your home can help you maintain that gazelle intensity. Let’s say you owe $18,000 on your student loan. With a 6% interest rate and a minimum payment of $200 a month, you’ll be paying on that loan for 10 more years!

But throw an additional $500 at your loan each month, and you’d trim a whopping seven years and eight months off your pay-off date. Sallie Mae will have to find a new place to live, because you’ll be free from student debt in less than two-and-a-half years!


2. Boost Your Retirement Fund

Once you’re debt-free with a fully funded emergency fund, it’s time to build wealth for the future. Dave recommends investing 15% of your household income into Roth IRAs and pretax retirement plans. If you’re still working your way up to 15%, that extra $500 could be the push you need to get there. And, boy, the difference $500 could make! In 30 years, you could have an additional $1–1.6 million in the bank to get you through your golden years. You can do a lot of living and giving with that nest egg!


3. Pay Off Your Mortgage

Want to downsize Dave’s way? Trade in your mortgage for a paid-off home! Use the proceeds from selling your current home to pay cash for a smaller one. Just imagine what you could do with no mortgage holding you down!

If you can’t pay cash, aim for a 15-year, fixed-rate mortgage and put at least 10–20% down on your new home. Apply the $500 you saved from downsizing to your new monthly payment. At 4.5% interest, you could pay off a $200,000 mortgage in less than 10.5 years, saving almost $25,278 in the process. 





COMMUNITY INTERESTS

Clark County Library District.....(702) 734–READ 

Clark County Parks & Recreation..(702) 455-2000 

Container Park.....................(702) 637-4244 

Cowabunga Bay...................(702) 850-9000 

Discovery Children’s Museum...(702) 382-3445 

Farmer’s Market....................(702) 562-CORN 

Floyd Lamb State Park............(702) 229-8100

Las Vegas Natural History Museum...(702) 384-3466 

Mob Museum.......................(702) 229-2734 

Mount Charleston Resort........(702) 872-5500

Neon Museum.....................(702) 387-6366

Red Rock Canyon................(702) 515-5350

Smith Center for the Performing Arts..(702) 749-2012 

Springs Preserve...................(702) 822-7700 

Wet’N’Wild............................(702) 979-1600 

YWCA & YMCA....................(702) 877-9622

CLARK COUNTY SCHOOL DISTRICT

..................(702) 799-5000

ROTARY ORGANIZATIONS

Las Vegas Rotary club.............(702) 433-7451

ZONING CONTACTS

City ................................... .(702) 229-6301 

County................................(702) 455-4314

Henderson...........................(702) 267-1500


POLICE, FIRE, & EMERGENCY SERVICES

Emergency (All services).... 911

Las Vegas Mertro Police Dept..... (702) 828-3111

 Nevada Highway Patrol.....(702) 486-4100

Crime Stoppers.............(702) 385-5555

HOTLINES

Alcoholics Anonymous (AA)....... (702) 598-1888 

Clark County Child Abuse & Neglect Hotline....(702) 399-0081 

Clark County Poison Control......(800) 222-1222 

Gamblers Anonymous..............(888) 442-2110

 Narcotics Anonymous...............(702) 369-3362 

Suicide Prevention Hotline.........1 (800) 273-8255 

Tobacco Users Hotline.............(702) 877-0684 

Rape Crisis Hotline..................(702) 366-1640 ....(702) 385-2153 

Safe House Domestic Violence ..(702) 564-3227 

Safe Nest Domestic Violence .....(702) 646-4981 

WestCare Detoxification Center...(702) 343-4044 

WestCare Women's & Children's Campus ..(702) 385-2020

Hospitals

Summerlin Hospital Medical Center

653-657 Town Center Dr. Las Vegas, NV 89134

(702) 233-7000

St. Rose Dominican Hospital Rose de Lima Campus 

102 E. Lake Mead Dr. Henderson, NV 89015

(702) 616-5000

North Vista Hospital

1401 E. Lake Mead Blvd. North Las Vegas, NV 89030 

(702) 649-7711

University Medical Center (UMC)

1800 W. Charleston Blvd. Las Vegas, NV 89102

(702) 383-2000

St. Rose Dominican Hospital San Martín Campus 

8280 W. Warm Springs Rd. Las Vegas NV 89113

(702) 492-8000

Valley Hospital Medical Center

620 Shadow Lane Las Vegas, NV 89106

(702) 388-4000

Spring Valley

5400 S. Rainbow Blvd. Las Vegas, NV 89118

(702) 853-3000

MountainView Hospital

3100 N. Tenaya Way Las Vegas, NV 89128

(702) 255-5000

Desert Springs Hospital

2075 E. Flamingo Rd. Las Vegas, NV 89119

(702) 733-8800

Children's Hospital of NV

1800 W. Charleston Blvd. Las Vegas, NV 89102 

(702) 383-2000

Centennial Hills Hospital

6900 N. Durango Dr. Las Vegas, NV 89149 

(702) 835-9700

Southern Hills Hospital and Medical Center

9300 W. Sunset Rd. Las Vegas, NV 89148 

(702) 880-2100

Henderson Hospital

1050 W Galleria Dr.

Henderson, NV 89011

(702) 963-7000

Sunrise Hospital and Medical Center Sunrise Children's Hospital

3186 South Maryland Pkwy. Las Vegas, NV 89109

(702) 731-8000

St. Rose Dominican Hospital Siena Campus

3001 St. Rose Pkwy. Henderson, NV 89052

(702) 616-5000

Mike O'Callaghan Federal Hospital

1701 W. Charleston Blvd. Las Vegas, NV 89102

(702) 636-3000

Boulder City Hospital

901 Adams Blvd. Boulder City, NV 89005

(702) 293-4111