Choosing a global location for your business can be a fraught one, especially if you don’t have insider knowledge about the country you are considering. There could be economic and political factors to take into account, so just how do you choose the best business destinations and locations to trade from? Here Irma Hunkeler, of Blue Glass, lists the 10 best business destinations you didn’t know about.
We have rounded up a list of some of the top destinations that businesses should look at worldwide, and the results may surprise you! As we move into an ever-expanding and connected global market there are now more places than ever to do business, whether you are setting up shop to trade, or if you are simply looking for a place to work digitally from your laptop. Here are the top 10 global business destinations that you should consider:
10. Canary Islands
The Canary Islands attracted more than 29,000 people related to the MICE (Meetings, Incentives, Conferences & Events) sector in 2015, thus generating a turnover of more than 31 million Euros. Tenerife in particular is a firm favourite and is an ideal spot for trade fairs, workshops, conferences and conventions due to its modern international airports, sunny climate and avant-garde conferencing facilities. Moreover, research from easyCar shows that these islands in Spain are among some of the most affordable destinations in Europe to hire a car, making them the perfect destination for business or pleasure.
Lisbon is fast becoming one of the most cosmopolitan places to be in business thanks to creatives who are reinforcing technology start-ups. Young entrepreneurs from all over Europe have been drawn to Lisbon to party, live and work, and the Portuguese capital hosted a large Web Summit in 2016, showing that it is the ideal setting to promote future trends in digital and technology.
8. Cape Town
Cape Town has recently established itself internationally as a competitive and sophisticated business events destination, and has been consistently voted the number one conference city in Africa and the Middle East. Companies such as Corinium Global Intelligence regularly run large scale C-suite level conferences and events in Cape Town, and the Cape Town International Convention Centre (CTICC) has secured a bid recently to host the 2022 International Congress on Immunology.
Bruges is another great hidden business destination. Small though the city may be, it has been firmly pinned on the map as Europe’s leading capital of gastronomy, making it an excellent place to eat out. In 2020, a new convention and exhibition centre is due to be launched. This will boast a large exhibition space and a congress infrastructure for around 500 to 600 participants with a meeting space, breakout rooms and networking areas.
Malta is a greatly overlooked hidden gem in which to set up a business or host conferences and meetings. The 2017 Local Government Conference will take place in Valletta from 21-24 November. Plus, construction work has begun on the Malta branch of Crane Currency, a major banknote printing firm, which signals the single greatest investment by a manufacturing company on the island since the 1980s. More companies are sure to follow suit andshowcasw the island’s current investment power. Furthermore, Malta is noted for its healthy work-life balance, so it’s ideal for those looking for the best of both worlds.