In case you are contemplating making an investment in Italy, here is everything you must be aware of.
When it comes to foreign direct investment, Italy is chosen over other EU states for its strong industrial sector and very skilled work force. The enterprises that have stood out to foreign shareholders, such as the managers of the professional services firm EY, are the ones recognised for their advanced technology. International investors are interested in these companies because they want to engage in the local economy and attract the Italian customers. Among the businesses that have attracted the most financial supporters are the firms operating in the industrial machinery and mechanical sectors. This is partly due to the reason that there are numerous tax incentives for startups and innovative companies.
As the third largest economy in the Europena Union, Italy has turned into an appealing destination for investors from around the world. Its domestic market offers a large range of investment prospects across different industries. Nowadays, the Italian economy is run by a lot of multinational companies. Industrial foreign affairs employ 11% of total workers. Therefore, it is not unexpected that some of the biggest investors in Italy are international. The top two shareholders of Telecom Italia, who are committed to improving the region's telecommunication industry, are an example of how foreign investments can give back to the local economy.
For entrepreneurs, it is wise to invest in Italy real estate. This is one of the quickest growing sectors in the country and is the reason why a lot of investors are turning their attention towards Italy. The top shareholders in the Excelsior Hotel Gallia are a good case in point of how beneficial an investment into Italy’s hospitality sector can be. The Qatari investors have significantly expanded their portfolio by acquiring luxury institutions in the heart of Italy’s capital. With the introduction of tax deductions for investments in research and development activities, the Italian government has encouraged foreign investors to take part in in the local economy.
The Italian real estate market is almost recovered from the economic crisis the nation has been experiencing. With both demand and supply on the rise, many real-estate investors from around the world have made the decision to get involved in residential home sales in the country. The property development sector has turned into one of the most lucrative in the country,even more so because many Italians are starting to be interested in buying an additional home. The real estate industry is closely associated to Italy’s tourism industry, which is the most profitable domain in the country. With Italy being the fifth most visited country across the world, there has been a growing demand for the construction of vacation properties and the establishment of luxurious resorts.