Set out below is a selection of the rankings which show why Ireland remains the location of choice for foreign direct investment.
- The 2011 IMD World Competitiveness Yearbook ranks Ireland:
– 1st for real corporate taxes
– 1st for investment incentives
– 1st for skilled labour that is readily available
– 1st for business legislation for foreign investors
– 2nd for consumer price inflation
– 3rd for direct investment flows inwards - Ireland ranked top location in world to invest (IBM 2011 Global Location Trends Report)
- Ireland ranked 1st in Eurozone countries for doing business (Forbes 2010)
- Ireland ranked Europe’s number 1 R&D location from an after-tax cost perspective (Mazars ‘Review of Global R&D Tax Incentives’ Study 2010)
- Ireland moved from 14th place to 6th place in the Forbes fifth annual ranking of the Best Countries for Business
You might also be interested to learn that:
- Competitiveness has improved significantly, with costs now back to 2003 levels (NCC Cost of Doing Business in Ireland 2011)
- Construction tender prices are down 33% since peak levels in the first half of 2007 and are now back to 1998 levels
- Prime Dublin office rents are down 52% from peak levels
- Exports grew 5.8% in the first half of 2011
