Since the 1950s, Ireland has pursued a vision of ‘industrialisation by invitation’. Today, it benefits hugely from the welcoming business environment it has created. Throughout the years, FDI companies from the US, Europe and further afield have all invested in Ireland.
Why FDI companies come to Ireland
Ireland’s strong legal and regulatory landscape contributes to Dublin’s reputation as an attractive and stable place to do business.
EU and Eurozone membership, a young, well-educated, English-speaking workforce and a competitive corporate tax rate all help too. The business-friendly environment here has enticed thousands of international companies set up shop in Dublin.
According to the IDA, a third of multinational companies in Ireland have had operations here for over 20 years. This clearly demonstrates their commitment to Dublin and Ireland.
As a result, huge inflows of foreign direct investment have come here on a sustained basis – especially from the US. American firms make up 70% of the foreign direct investment into Ireland. Europe contributes 20%, while the rest is made up of investment from FDI companies in other parts of the world.
Today, foreign direct investment in the capital is booming. From financial services and banking through to big tech and pharma, many of the biggest names in business are already here.
- Big names in tech...
- Big names in finance...
Biotech and pharma
- Big names in science...