Opportunity Zone
Eagle Pass has a designated opportunity zone adjacent to its downtown area and within the path of both ports of entry, Bridge I and Bridge II. An additional site exists in the Extra-Territorial Jurisdiction (ETJ) of city limits, and is mostly undeveloped land.
Opportunity Zones were created in 2017 when the new Tax Cuts and Job Act was implemented. They are designed to spur economic development in less-developed and under-invested communities by providing tax benefits to investors. Now is a perfect time to invest in Opportunity Zones because capital gains taxes on earnings from many types of investments can be deferred until December 31, 2026.
created by OpportunityDb.com
For business opportunities within our Opportunity Zones, please contact Eagle Pass Economic Development at 830-773-1111.