Insurance and Financial Services

Global Facilities Development owns several facilities in the insurance capital of America, Iowa. To obtain additional information on our properties or other opportunities please contact one of our site selection consultants.

The top ten reasons to locate your insurance operations in Iowa.

1. The insurance premium tax has been lowered to just 1 percent
2. No premium taxes on sales of certain types of annuities or qualified life insurance plans
3. No additional surtaxes or income taxes on Insurance carriers
4. Friendly regulatory environment for insurance carriers
5. Availability of a highly educated underemployed workforce
6. Targeted job tax credits and a witholding tax credit equal to 3% of qualifying wages paid to employees for a ten year period
7. Availability of more than $2.5 million dollars of allocated tax credits to anchor tenants. Additional industry specific infrastructure requirements underwritten by State and Federal tax credits up to 84 cents on the dollar.
8. Access to highly cost effective TIER I, TIER II, and TIER III data center locations with power rates as low as 3.3 cents per kilowatt hour and four fully redunant fiber optic paths of up to OC192 capacity to the Internet backbone.
9. A refund of 50% of sales taxes paid on computers and equipment, electricity and backup fuel is available for six years
10. Located in SBA HUB Zones and Enterprise Zones.