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10 Reasons to invest in Germany
The top 10 reasons to invest in Germany.
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Large Market: With 82.8 million inhabitants, Germany is the European Union’s most populous country and also the largest market within the EU. With a gross domestic product of approx. 3.1 trillion Euro, Germany is the largest economy in Europe and the fourth largest economy in the world.
Made in Germany © picture-alliance/ dpa - Central Location: Germany’s central location in Europe makes it a hub for goods and services. Germany especially benefits from the EU expanding. As a result, it is the only country among the seven most important industrialized nations to increase its share of world trade since 1995.
- Germany is an open market and warmly welcomes foreign investors. That is demonstrated by the fact that 28,000 foreign enterprises have established businesses in Germany and now employ more than 3.2 million people. The German market is open to entrepreneurial investment in practically all areas. Germany is receiving increasing attention from private equity firms and hedge funds due to its highly attractive companies and favorable investment conditions.
- International Location: Approximately 10 million foreigners live in Germany .Several metropolitan regions have prominent foreign communities with their own schools, churches, shops and restaurants. For example, a large number of Japanese live in the Düsseldorf region, many Koreans in and around Frankfurt and many Chinese in Hamburg. Approximately 63 percent of the German population can speak English.
- Qualified Personnel: Germany offers an exceptionally well-qualified, motivated and conscientious workforce. German employees’ high standard of knowledge and skills is internationally recognized. The demand for professionals is met by 426 institutions of higher education. Another pillar of the German training system is the “dual system” of vocational education, which combines workplace training and school instruction and produces an acknowledged high standard of training closely oriented towards the needs of industry.
- High Level of Innovation: Statistically, Germany has 913 resident patent applications per million inhabitants – the third largest value in the world. The close cooperation between industry and world-famous research institutions like the Max Planck and Fraunhofer Institutes swiftly transforms new ideas into products for the world market.
- Highly Developed Infrastructure: Germany has a closely knit network of roads, railways and international airports. That guarantees swift connections. The airport in Frankfurt is an international hub. The Port of Hamburg is one of largest container transshipment centers in Europe. Communications infrastructure is exceptionally well-developed throughout the Country.
- Legal Security: Germany is a modern constitutional state with transparent and reasonable laws. The advantages are internationally recognized. International studies demonstrate that German legal security is highly regarded by investors.
- Strong Mittelstand: The German economy is characterized by privately owned small and medium-sized enterprises , the Mittelstand. Ofall businesses, 99 percent are small or medium-sized. This makes the German industry very flexible, multifaceted and competitive. Many of these highly specialized firms are world market leaders in their field, so-called “hidden champions”.
- Tourism industry: Germany has a vast cultural heritage, which offers tourists from all over the world a wide variety of attractions to discover. This includes 40 UNESCO World Heritage Sites and museums but also anything from city tourism to a beautiful countryside. Not only is Germany centrally located in Europe but it also offers a convenient infrastructure for travellers.
