Markets of majority of EU nations and other European countries are witnessing a massive scale down of Business operations as market sentiments are not showing any signs of revival. Recent debt crisis in states like Greece and Spain are no good news for already dwindling confidence of market. Smaller countries have been hit hardest and as financial institutions tighten credit advances to various small and medium scale corporates (which form core business premise of majority of continent’s business fraternity), a large proportion of Business world is facing a severe liquidity crunch. This leaves only one alternative for governments of these nations to infuse more essential funds into limping Economies. They are opening doors to Immigrants from across globe to enter and make fruitful Investments in various sectors and establish or expand their Businesses to create more Opportunities and to better the prospects of bounce back.
In a comparable situation, bigger economic players like France, Germany and U.K are attracting bigger corporate giants from China and India for acquisitions and expansions, while smaller capacity pockets like east European countries are rather more focused and preferred by small and individual Business owners and Investors. Although as a whole governments across continent prefer to infuse market with the smaller enterprise to improve density of Economic stakeholders in market.
Now, if we really for matter of assessing, compare 2 regions who really encourage smaller and individual businesses USA and Europe, Europe will always fare much better than United States in many aspects. Biggest draw back migrant investors experience in US is bureaucratic and regulatory hurdles. Process of grant of permission by various government agencies is time consuming and often frustrating. In Europe it is completely reverse, as authorities have been encouraging investors and business owners from domestic regions and foreign countries to enter specific countries and establish themselves.
There have been ambitious and revolutionary scale downs in financial profile and credentials requirements. Tax structure and statutory levies also have been restructured. Although, western European Economies tax rates are higher and countries in the eastern part of continent are charging only a fraction. But, overall tax regimes of western European nations are still much lower than comparable economies of US and Canada.
European Union countries have been striving for improvement in EU market legislations to provide better access to participants and stake holders in EU Economies and lay before them a wider, bigger and stronger market for their products and services. These conditions specifically are going to be more advantageous for newer players like Latvia and Lithuania, where establishment overheads are least in addition to well defined infrastructure and facilities. These factors definitely present many Good Opportunities for immigrants to evaluate prospects of establishing themselves in any country of this continent by establishing Business or Investing funds in various sectors.