Ireland Is Hot Seat For Global Giants Moving Out Of Britain Due To Brexit

Which country will be in the top benefiting position after Brexit is yet to be known, but analysts believe Ireland has the potentialities in attracting global giants due to its strategic location, tax benefits and talented workforce.

A recent research reveals the country is in the hot seat when the companies are thinking relocating, moving out of Britain. The country has an economy that is open for foreign investment.

More to these, potential changes to US corporation tax laws also are making Ireland the top most location after Brexit for global corporate giants.

Apple, Intel and Amazon have already started investing in Ireland ahead of Trump government interfering in their affairs.

The tax reforms may not take place this year.

Moreover, the recent China-Dublin negotiations for direct air route between Dublin and Beijing will add more benefits in luring FDI. The country will become more attractive proposition for global companies in the route and who are looking away from UK.

However, challenges from other major European cities including Paris and Frankfurt are significant.

It is also to take note couple of US companies including Facebook, LinkedIn and Google have already installed major headquarters in Ireland. They are hiring local talents and one research reveals the Irish managers have become benchmark for global troubleshooting problems at such firms which are innovative.