Advantages of Tallinn: where your investments pay off
Tallinn, the capital of Estonia, has a number of advantages that make it an ideal place for investments. Here are some of them:
- Stable Economy: Estonia is considered one of the most economically stable countries in Europe. The GDP per capita in Estonia in 2020 was $23,723, which is above the European Union average.
- Low Level of Corruption: Estonia ranks 18th in Transparency International's corruption index, indicating transparency and reliability in the business environment.
- Developed Infrastructure: Tallinn has a highly developed infrastructure, including transportation, telecommunications, and IT. This facilitates business operations and reduces operational costs.
- Real Estate Market: The real estate market in Tallinn shows stable growth. The average price per square meter in new buildings in Tallinn in 2020 was €2,150, which is 7% higher than the previous year.
- Low Taxes: Estonia offers one of the most attractive tax systems in the world. Corporate profits are not taxed if they are reinvested.
- Skilled Workforce: Estonia has a highly qualified labor force, especially in the IT and engineering fields.
- Estonia - a Member of the EU: Tallinn is a "gateway" to the European market with its 500 million consumers.
All these factors make Tallinn attractive to investors from around the world.
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