Your Ultimate Guide to Corporate Relocation in Virginia Beach

The Craig Snyder Team May 24, 2024


Virginia Beach stands as a compelling destination for businesses considering relocation. Known for its beautiful coastline, robust economy, and quality of life, Virginia Beach offers a unique blend of advantages that attract corporations and professionals alike. This guide provides a comprehensive overview of why Virginia Beach should be at the top of your list for corporate relocation, from its economic environment to lifestyle benefits.

Business Environment

Virginia Beach is part of the Hampton Roads metropolitan area, one of the largest economic hubs in Virginia. The city is home to a diverse range of industries, including defense, aerospace, information technology, and healthcare. Major employers in the area include Huntington Ingalls Industries, Sentara Healthcare, and GEICO, among others. The presence of these significant companies provides a stable economic base and numerous opportunities for business networking and growth.

The city’s strategic location also contributes to its appeal. Situated at the mouth of the Chesapeake Bay, Virginia Beach offers easy access to international shipping routes. Moreover, its proximity to the Port of Virginia, one of the busiest ports on the East Coast, facilitates international trade and commerce.

Tax Incentives and Support Programs

Virginia Beach is committed to supporting businesses through various tax incentives and support programs. The Virginia Beach Economic Development Authority offers resources and incentives to businesses relocating to the area. These include reductions in business property taxes, customized training programs for employees, and assistance with site selection. Such incentives make the relocation process more advantageous and financially viable for businesses of all sizes.

Workforce

The workforce in Virginia Beach is well-educated and diverse, fueled by the region’s numerous higher education institutions, such as Old Dominion University and Norfolk State University. The military presence, with several large bases, including Naval Air Station Oceana, provides a steady stream of disciplined and skilled personnel transitioning to civilian roles. This diverse talent pool is ideal for companies looking for employees with a broad range of skills and innovative thinking.

Living in Virginia Beach

Relocating a business involves considering the living conditions and quality of life for employees. Virginia Beach excels in offering a high quality of life. The city boasts more than 35 miles of waterfront property, including the famous Virginia Beach Boardwalk, parks, and recreational areas. Whether it's enjoying water sports, exploring nature reserves, or engaging in cultural activities, there is something for everyone.

The city's education system is another significant attraction. Virginia Beach City Public Schools are among the best in the state, offering excellent educational opportunities for children of relocated families. Additionally, the city’s low crime rate and comprehensive healthcare facilities ensure a safe and healthy living environment for all residents.

Real Estate Options

Virginia Beach offers a diverse range of real estate options to accommodate the needs of relocating businesses and their employees. From modern downtown apartments to spacious suburban homes, there is an array of housing choices that cater to different lifestyles and budgets. The real estate market is versatile, providing various leasing and buying options to suit corporate and personal needs.

Transportation and Accessibility

Efficient transportation systems are vital for a thriving business environment. Virginia Beach provides comprehensive transportation options including major highways, public transit systems, and bike paths, facilitating easy commutes to and from work. The city is also served by Norfolk International Airport, which offers daily flights to major cities across the United States, enhancing business travel convenience.

Recreational and Cultural Attractions

Virginia Beach is not just about work; the city offers a plethora of recreational and cultural attractions. From the vibrant arts scene, represented by venues like the Sandler Center for the Performing Arts, to the various festivals held throughout the year, there is a rich cultural life to explore. Outdoor enthusiasts will appreciate the city’s commitment to conservation and outdoor recreation, seen in its well-maintained parks and beaches.

Networking and Community Engagement

Being part of the Virginia Beach business community means more than just doing business. It involves engaging with the community and building lasting relationships. The city hosts numerous networking events, trade shows, and conferences, providing ample opportunities for new businesses to integrate into the community and build their networks.

Work with the Craig Snyder Team Today

Corporate relocation to Virginia Beach offers more than just a new office location; it provides a thriving business environment, diverse workforce, and a high quality of life. Businesses that choose Virginia Beach not only invest in their future but also in the well-being of their employees.

For those considering making this strategic move, contact the Craig Snyder Team. With extensive local knowledge and a commitment to professional excellence, the Craig Snyder Team will guide you through every step of your relocation journey, ensuring a seamless transition to this dynamic and welcoming community.

*Header photo courtesy of the Craig Snyder Team




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