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Amazon Is Ready to Spend $5 Billion for Second Headquarters in North America

”We expect HQ2 to be a full equal to our Seattle headquarters,“ says Jeff Bezos

Amazon could be setting up shop in your hometown.

Armed with $5 billion to spend, Amazon is searching for a “second headquarters” in North America, and is planning on hiring 50,000 full-time workers, the company announced on Thursday.

“We expect HQ2 to be a full equal to our Seattle headquarters,” said Jeff Bezos, Amazon founder and CEO, in a statement. “Amazon HQ2 will bring billions of dollars in up-front and ongoing investments, and tens of thousands of high-paying jobs. We’re excited to find a second home.”

The e-commerce kingpin is accepting proposals for its new mega-office, in case you wanted to give your city a head start. Amazon listed a few preferences for its new HQ, including: a metropolitan area with more than one million people, “a stable and business-friendly environment,” creative communities, and an urban or suburban location capable of attracting tech workers.

Another perk Amazon would like? Tax breaks. “The initial cost and ongoing cost of doing business are critical decision drivers,” added the company’s proposal request.

Amazon was founded in Seattle in 1994, and is still headquartered in the Emerald City. The office it moved into in 2010 has more than 40,000 workers and is spread across 8.1 million square feet. Overall the company has about 380,000 worldwide employees.