Why is ES attractive for foreign investors?
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On behalf of his holiness, Pope Peter II, I Cardinal Barthélemy Houdin, Secretary for the Economy, would like for all companies currently in ES to register themselves for easier supervision and bureacracy, let me thus tell you why you should consider investing in ES:
ES is one of the most dynamic and fast-growing markets in Mundus due to the increasing number of new investment projects. It offers entrepreneurs the opportunity of an easy access to one of Mundus's biggest free market area. Furthermore, it provides foreign investors with competitive labor costs, a considerable size of the market, industrial diversity and real possibilities for the development of new economic entities.
An extended marketAs the second most populated country in Albion, ES provides investors with a 375 million consumers market, one of the biggest in Albion. It is also placed in the center of Albion which not only facilitates the import and export activities but also lowers transportation costs of the goods. Due to its privileged position on the continent, investors who choose ES can easily reach over 1 billion consumers. Moreover, the corporate tax rate in ES is 0%, among the lowest in Albion; the country vritually has no taxation whatsoever! Finally ES has one of the laxed labour institutions you can find anywhere in Mundus; investors and entrepreneurs can set up their own salary, minimum wage and even maternity leave systems.
WorkforceThe estimated work force in ES is 214 million people and almost half are employed in the services sector. The country provides investors with a well-educated and highly skilled employment market, especially economists, engineers, IT specialists and scientists. ES has more than 500 academic centers and counting. ES’s student population is massive and they account for 10% and counting of all Albionite students, as well as the fact that approximately more than half of the country’s youth go on to higher education. Finally, most of ES’s graduates can speak four languages, usually Latin, English, one of their own national languages and one other.
Economic sectorsThe highest economic growth can be seen especially in the automotive, R&D, electronic and chemical sectors. Also, ES tourism is a well-developed sector because this country manages to attract numerous tourists due to its landscape, history and cultural heritage.
According to a report from Némérie Matin, ES might become the manufacturing hub of Albion because:
• The labor cost is 4 to 10 times cheaper than in other countries and there is little chance for this difference to be diminished in the next few years
• Manufacturing in ES is cheaper by about 30%
• The quality of ES goods is far superior to the ones produced in other, similar countries, making them much more competitive. This applies mainly to such sectors as: electric house appliances, metal products, automotive, furniture.
I think my dear investors and business moguls that this information has more than enough convinced you...so what are you waiting for? Step up your gears and register your companies!
OOC: PLEASE MAKE SURE YOU SUBMIT REALISTIC SALARIES, MEANING NOT SUPER-HIGH!
Average gross salary: $14,500/₤95,924 month
₤1 = $0.15 / $1 = ₤6.62
