Investor Pitch: Why South Dakota is Your Next Big Opportunity with the GRT Plan
South Dakota is rolling out the SEAL SD Liberty Gross Receipts Tax (GRT) plan—a game-changer that eliminates property taxes, slashes operating costs, and fuels economic growth. If you’re an investor looking for high returns in a low-tax, high-opportunity state, here’s why South Dakota should be your next move.
Massive Tax Breaks for Maximum Returns
- No More Property Taxes: The GRT plan replaces $1.6 billion in property taxes state-wide with a low 2.5% GRT, saving you big on every property. In Rapid City, that’s $3,000-$5,000 per single-family rental or small commercial space, and $25,000-$50,000 for a large apartment building—$1.25M-$2M assessed value. For an investor with multiple properties, you’re looking at $50,000-$100,000 or more in annual savings, boosting your ROI without lifting a finger.
- Lower Operating Costs: The GRT cuts taxes on services like accounting and legal fees from 6.5% to 2.5% in Rapid City. On $50,000 in annual services, you save $2,000—money you can reinvest. Plus, 39,150 small businesses under $100,000 are exempt, so if you’re working with local firms, costs drop even further.
- Cash in Your Pocket: Every investor gets up to $325 from the $200 million rebate pool, adding to your cash flow. That’s extra capital to deploy into new projects or pad your returns.
Booming Market Opportunities
- Growing Demand: The $1.6 billion in property tax savings and $200 million in rebates put more money into South Dakotans’ pockets, driving local spending. Rapid City alone sees a $10M-$15M sales boost, signaling a thriving market for retail, housing, and services. South Dakota’s $80 billion retail and tourism economy—$4.96 billion from tourism alone in 2023—offers a massive opportunity for investors to tap into.
- Affordable Housing Potential: With property tax savings, you can build more affordable housing without the tax burden. A $50,000 annual saving on a large building could fund a 10-unit project in 2-3 years at $100,000/unit, offering rents at $800/month versus $1,200, meeting demand while ensuring profitability through high occupancy.
- Stable Communities: Rapid City’s $116.1 million GRT revenue funds $84 million for schools and $22.4 million for police and fire, ensuring strong services that attract tenants and customers. State-wide, $1.8 billion keeps infrastructure and safety top-notch, creating a stable environment for long-term investment.
Rooted in Liberty and Free Market Principles
- The GRT plan is grounded in liberty—freeing families from the crushing debt of property taxes and giving them breathing room, just as the Founding Fathers envisioned freedom from government overreach. We don’t mandate where your money goes; we create incentives—low taxes, high returns, and a competitive market—so you can choose to invest in South Dakota because it makes financial sense. That’s the free market at work: liberty for investors to profit, and liberty for South Dakotans to thrive.
Why Invest in South Dakota Now?
- Low-Tax Advantage: No property taxes, a 2.5% GRT, and small business exemptions make South Dakota a low-cost haven compared to high-tax states.
- Economic Momentum: A $10M-$15M sales boost in Rapid City and $80 billion in state-wide transactions show a market ready for growth.
- Community Strength: Fully funded services and infrastructure ensure stability for your investments.
- Liberty-Driven Growth: Invest in a state that values freedom, choice, and opportunity for all.
South Dakota is open for business—join us and turn your investments into lasting prosperity! Learn more at sealSD.com/taxes.
Stay tuned for our next Facebook Live session, coming soon!