BC&MC Law, Tax & International Business Consulting Ltd’s Post

Deloitte research found that 67% of German companies have moved at least part of their business outside Germany because of energy costs. In the automotive, mechanical engineering and industrial goods sectors, the percentage is 69%. At the same time, German companies invested a record $15 billion in their US business in 2023.

FOR MEXICO BUSINESSES WANTING TO DO BUSINESS IN CANADA.

A great case study on how to enable mutually beneficial innovaton & economic development. Key takeaways: 1. Be open to the idea that talent is equally distributed & innovation is not exclusively a local exercise. 2. Create systems that welcome & support change makers. 3. Place bridge builders who are dynamic & understand how to bridge cultures —-in charge of leading these efforts. (Enable YouTube translation features for real-time translation)

Reflecting on the impact of the recent tax reform package, Romania's partial entry into the Schengen area, the diverse elections this year, and the ongoing digitization and restructuring of public institutions. These pivotal events in 2024 are shaping the private business environment and influencing Romanian society significantly. Insights provided by the BUCHAREST CENTER FOR ECONOMY & SOCIETY. Details below 👇 #Romania2024 #EconomicOutlook

Let's talk about the obvious question of, "Why Colombia?" 🇨🇴 Often, Colombia is portrayed in Hollywood's narratives of the past, but that's far from the reality of today's Colombia. From my perspective, Colombia stands as an emerging economic powerhouse in LATAM, boasting a diverse and talented workforce eager to make waves in the US market. But don't take my word for it, this is from the World Economic Forum, World Bank, and IMF as well. In fact, in key economic hubs like Cali, Bogotá, and Medellín, over 40% of professionals are bilingual. While the cost savings aspect is a significant factor in the near-shoring model, it's crucial to emphasize that the real value lies in acquiring the right talent for your company's success. Colombia not only offers cost advantages but also presents a pool of skilled professionals, some of who I have the privilege to work with. The influx of foreign investment into the country is palpable, and Sworkz is here to guide you in becoming a part of this flourishing trend. Let's engage in a conversation about how #ColombiaPower can seamlessly integrate into your business strategy moving forward. Whether you're in logistics, tech, or seeking reliable back-office support, Colombia's workforce stands ready to provide not just what you need but so much more. 🚀 #BusinessOpportunities #ColombiaBusiness #Nearshoring #Sworkz

Exciting times ahead for professionals and academics eyeing the UK! 🇬🇧 With the government's new tourist visa regulations, the UK opens doors for remote work, business, and research activities from Jan 31. This pivotal change paves the way for a more dynamic exchange of talent and ideas, positioning the UK as a top destination for global innovators. 💼✈️ What are your thoughts on these welcoming changes? Share your views below! #UKVisa #BusinessTravel #Innovation #GlobalTalent Original article: https://lnkd.in/e2ikvkY4

🇨🇭Making Switzerland your home🇨🇭 While Switzerland does not offer a Golden Visa program like some other countries, there are various avenues to be able to call Switzerland your home. One such route is through employment. Let's get to work! jp@alpenpartners.com (for international clients including UKs and Canadians) jp@alpeninternational.com (for US clients) #switzerland #goldenvisa #workpermit #citizenshipbyinvestment #residencybyinvestment

From London to Milan: How Brexit Assisted in Revitalising Italy's Corporate Scene An interesting article I read this week in The Guardian, written by Angela Giuffrida in Milan, attributes Brexit to the shift of corporate and banking employees from London to Milan, something unimaginable a decade ago. The article discusses how Italian banks and international companies relocated staff from London to Milan after the Brexit deal was reached in 2020. It highlights how Italians returned home after establishing careers overseas. It wasn't just Italians returning; other Europeans, Britons, and individuals of various nationalities also made the move. This accelerated trend over the last couple of years has been further incentivised by a generous tax break allowing new residents in Italy—if they meet certain conditions—to reduce their tax liabilities. This policy, introduced by Renzi’s government in 2015, aims to reverse the "fuga dei cervelli," or "brain drain," where educated Italians were leaving Italy to work abroad, resulting in a generation of brilliant minds departing the country. This, combined with the allure of the 'dolce vita' in Milan, is undoubtedly appealing and has contributed to this rapid trend. Check out the article in the comments below. #milan #expat #brexit #corporate

Japan's Urgent Call: Breathing New Life into the Economy Japan stands at the precipice of change. With an aging population and traditional work structures, a fresh perspective is needed for new growth. Fortunately, Japan's government is taking notice, implementing measures to facilitate entry for foreign companies and workers, including recently announcing a digital nomad visa. Now is the time for global businesses and skilled professionals to answer Japan's call, infusing new ideas and vitality into its economic landscape. Join us on this transformative journey. Explore our CEO's insights on Japan's evolving landscape: https://lnkd.in/gAWfyp6A #japaneconomy #innovation #japanbusiness #japanstartup

I have been in LATAM recently and went to Colombia for the first time last week. While in Medellin I had some meetings - including at Universidad EAFIT - beautiful campus with international business programs focused on LATAM / ASIA. Below is a photo collage from Medellin where I also had a chance to tour a coffee farm, and learn about how they are reclaiming pre-industrial processes for coffee production. The traditional methods preserve many health benefits of coffee - antioxidants, etc. The economy in Colombia is very connected with Asia, and in the last six months their President is being courted by both US and China - which is being presented in the media as a choice (one or the other, not both) as economic partners. Will the President make a choice - or play both sides? I guess time will tell. The decades of economic and societal disruption caused by political upheaval are evident, not only in the streets but in their art & cultural institutions. I went to museums in both Medellin and Bogota. The people I met were wonderful, really welcoming and positive. Safety? I suggest you read recent articles on the influx of expats - LI won't allow me to post successfully with the terminology necessary to describe the situation. Or look up FB expat groups for Medellin and read those - be prepared that much of the conversation is not safe for work. OPPORTUNITY? There are definitely business opportunities and hope for economic growth. Especially as one of the more stable spots in S America at the moment. #internationaltrade #supplychain #china #colombia #economicdevelopment #coffee #LATAM #asia #southamerica #import #export #