What does Austria Offer?
What to consider if you invest in Austria
- Good quality of life (Vienna is in first position in the world ranking established by Mercer)
- Skilled and competent work force and high productivity
- Good regional (European Union) and international integration. Austria beneficts in particular from its strategic geographical location between western, central and eastern Europe)
- A desirable tourist destination
- Well-developed infrastructure
- Austria ranks 22nd out of 190 economies with regard to ease of doing business in the World Bank’s Doing Business 2018 ranking
- Austria also has a significant pharmaceutical industry, thus developing a focus of biotechnological skills and attracting the big companies of this sector
- Substantial current account surplus
- Hight level of public investment in R&D
- Political stability and personal security are especially strong