Wednesday, April 24, 2019

These Are The 3 Best European Countries To Invest Your Money In

Europe welcomes over half a billion international visitors per year and is home to seven of the top ten most visited countries on the planet.

Its popularity is understandable. The continent’s rich variety of cultures are easily traveled thanks to world-leading transport infrastructure and open border policies.

Investing in the continent is therefore an easy decision. Knowing which of Europe’s gems is best suited to your investment, however, is a little harder. That’s why we’ve come up with a list of three countries that we believe have the best potential for financial reward, below:

1. Switzerland.

GDP
$678.9 billion

POPULATION
8.5 million

GDP PER CAPITA, PPP
$62,125

Switzerland is a small nation situated in the heart of central Europe. What it lacks in total area it makes up for in height, with the country famed for its awe-inspiring mountains tops and pristine valleys.

Along with its natural beauty, Switzerland is also one of the wealthiest nations on the planet. The country ranked first in Europe in the 2019 Index of Economic Freedom thanks to its highly skilled labor force, impressive infrastructure, and low corporate taxes. These elements have all helped to make the country a haven for foreign investment, with Swiss corporate services, such as RISTER, continuing to rise in popularity offering foreign investors a range of fiscal, accounting and HR services.

2. Ireland.

GDP
$333.7 billion

POPULATION
4.8 million

GDP PER CAPITA, PPP
$73,215

Unlike landlocked Switzerland, the Republic of Ireland is very much an island nation. Its western coastline is home to the Atlantic Ocean and is some 4,000 miles away from its closest landmass: the continent of North America.

Its eastern coastline, on the other hand, is separated from its nearest neighbors Scotland by just a small stretch of the Irish Sea. Its conflict with Great Britain, which stretches back over centuries, resulted in the creation of a separate Northern Ireland in the early 1920s.

Known as the Emerald Isle, the Republic of Ireland is home to large sways of untouched grasslands. Its town and cities are perhaps best known for their lively pub scenes. A hearty singsong and a chat with a stranger are never too far away when Guinness is involved.

It secured the runner’s up spot to Switzerland in the 2019 Index of Economic Freedom European rankings despite worries over government debt. The country was particularly praised for its skilled workforce and low corporate taxes, which have helped drive huge amounts of foreign investment in the country over the last decade.

3. United Kingdom.

GDP
$2.6 trillion

POPULATION
66.0 million

GDP PER CAPITA, PPP
$44,292

The United Kingdom (UK) of England, Wales, Scotland, and Northern Ireland is located in the northwest corner of Europe. For centuries this small island nation has held considerable sway over the world’s economic, scientific, and political development.

Many fear this sway was potentially weakened by the country’s decision to leave the European Union in 2016.  The 2019 Index of Economic Freedom, however, believes that the UK’s open investment environment leaves it well placed to enjoy the benefits of new global trade relationships that Brexit could bring.

The index also praised the UK’s strong financial sector, stable rule of law, and multicultural workforce.

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