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New Mexico

List of incentives available in this location for quick easy reference below.

Incentives

Table key

  • Incentive offered
  • Incentive not offered
  • Did not submit information
Cash grants/incentivesMore [+]Less [-]
  • New Mexico has some funds available for use as cash grants on a limited basis.
Tax exemptionsMore [+]Less [-]
  • New Mexico has a wide variety of property tax, sales tax and income tax credits for companies that manufacture a product or export the majority of their service outside the state.
Property assistance / other fiscal incentiveMore [+]Less [-]
  • The funds that New Mexico has available are exclusively available for land, building and infrastructure assistance.
Training and labor market assistanceMore [+]Less [-]
  • New Mexico has funds to reimburse companies for a portion of employees’ wages during the training period, and we have excellent training programs at our community colleges.
Loan guarantees, cheap loans or financeMore [+]Less [-]
  • New Mexico has a subsidized loan program that can provide up to 49% financing for projects that already have the rest of their financing in place.
Exemptions from regulations
Target sectorsMore [+]Less [-]
  1. Solar manufacturing
  2. Other manufacturing
  3. Back office/headquarters
Sectors specific incentivesMore [+]Less [-]
  • Clean or renewable energy manufacturing companies can receive a total of 15% credits on the value of their equipment, and New Mexico communities can grant property tax exemptions of 50-95% for 20-30 years

Sponsorship

If you are the authorised promotions agency for New Mexico and would like to have your location highlighted on fDi Atlas, you can contact our sales team on + 44 (0) 207 775 6667 or contact us here.