{"id":1051,"date":"2021-01-22T10:58:37","date_gmt":"2021-01-22T09:58:37","guid":{"rendered":"https:\/\/pegasoadv.cloud\/betaoci\/?page_id=1051"},"modified":"2024-07-06T18:27:00","modified_gmt":"2024-07-06T16:27:00","slug":"why-invest-in-italy","status":"publish","type":"page","link":"https:\/\/www.opencompanyitaly.com\/en\/why-invest-in-italy\/","title":{"rendered":"Why invest in Italy"},"content":{"rendered":"<section class=\"l-section wpb_row height_medium\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-1 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><\/div><\/div><\/div><div class=\"vc_col-sm-10 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h2 style=\"text-align: center;\">10 Reasons to invest in Italy<\/h2>\n<\/div><\/div><div class=\"w-tabs style_default switch_click accordion has_scrolling\" style=\"--sections-title-size:inherit\"><div class=\"w-tabs-sections titles-align_none icon_chevron cpos_right\"><div class=\"w-tabs-section\" id=\"1610536816944-9a2b5cb0-069f\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610536816944-9a2b5cb0-069f\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">1. A Country that ranks among the world\u2019s top economies and markets<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610536816944-9a2b5cb0-069f\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>Italy is the <em><strong>3rd largest economy of the Eurozone<\/strong><\/em> and the<em> <strong>8th largest in the world<\/strong>,<\/em> with a GDP of more than 2.1 trillion dollars, bigger than India or Russia.<\/p>\n<p>The domestic market offers many opportunities, with a population of more than <em><strong>60 million<\/strong> and a <strong>per capita GDP of 36,000 dollars<\/strong>.<\/em><\/p>\n<p><em><strong>The net wealth of Italian households<\/strong><\/em> is 8 times their disposable income (a higher ratio than US, Germany and Canada) and <strong>t<em>heir indebtedness remains relatively low<\/em><\/strong> (82% of disposable income).<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"1610536816956-187726d6-571e\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610536816956-187726d6-571e\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">2. Strategic Logistic Hub<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610536816956-187726d6-571e\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><em><strong>Italy represents a strategic<\/strong><\/em> gateway to 500 million consumers across the European Union and to <em><strong>270 million<\/strong><\/em> in northern Africa and the Middle East, and is <em><strong>the main thoroughfare linking southern Europe to central and eastern Europe.<\/strong><\/em><\/p>\n<p>Transport networks include <em><strong>6,800 km of motorways<\/strong>; <strong>926 km of high-speed rail<\/strong><\/em> with a top speed of over 300 km\/h (190\u00a0 mph), in addition to nearly 200 km under construction; strategic <em><strong>ports for maritime freight and transshipment<\/strong> <\/em>along the Italian coast and islands area and beyond.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"1610543349058-a46f0709-5d5f\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610543349058-a46f0709-5d5f\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">3. Key World Player in Manufacturing and International Trade<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610543349058-a46f0709-5d5f\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>For over 30 years, Italy has been the <em><strong>2nd largest manufacturing economy in Europe<\/strong> <\/em>after Germany, and the 6th \u2013 7th top <em><strong>world manufacturer<\/strong>.<\/em><\/p>\n<p>Italian manufacturing <em><strong>trade surplus is the 5th amongst G-20 countries<\/strong>,<\/em> exclusive of energy and mining.<\/p>\n<p>Italy holds leadership positions for trade surplus in 935 products out of 5,117 marketed goods (the most detailed breakdown of world trade by industry): <em><strong>1st in 235 products, 2nd in 377 products<\/strong><\/em> and 3rd in 323 products.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"1610543350452-9a6dc95d-5106\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610543350452-9a6dc95d-5106\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">4. Proven Global Competitiveness in Machinery and \u201cMade in Italy\u201d Sectors<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610543350452-9a6dc95d-5106\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>Investing in Italy means <em><strong>having access<\/strong><\/em> to unique export <em><strong>know-how in leading sectors<\/strong>,<\/em> such as <em><strong>machinery and automation, fashion, design, and food<\/strong>.<\/em><\/p>\n<p>Companies investing in Italy can also rely on extensive <em><strong>networks of SMEs<\/strong> <\/em>and many <em><strong>industrial clusters<\/strong><\/em> throughout the country, able to supply <em><strong>high-quality intermediate products speci\ufb01cally tailored to meet customers\u2019 needs.<\/strong><\/em><\/p>\n<p>Since the middle class in the BRICs will increase by 800 million people by 2020 (Goldman Sachs, 2010), so <em><strong>global demand for \u2018Made in Italy\u2019 goods is expected to increase<\/strong><\/em> in the coming years, with the attendant increase in tourist arrivals.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"1610543351351-545575ef-bd06\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610543351351-545575ef-bd06\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">5. Competitive and Skilled Workforce<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610543351351-545575ef-bd06\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><em><strong>Italian hourly labour costs are below the Eurozone<\/strong><\/em> average: they are only 82% compared to the cost in France, and 90% to Germany.<\/p>\n<p><em><strong>More than 20 Italian universities<\/strong><\/em> are ranked in the top 500 academic institutions in the world, with <em><strong>about 300,000 graduates per year<\/strong>.<\/em><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"1610543352350-66e68452-9c54\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610543352350-66e68452-9c54\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">6. Excellence in R&amp;D an Innovation<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610543352350-66e68452-9c54\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><em><strong>Research and innovation are widely integrated<\/strong><\/em> into industrial processes with a long tradition of excellence in many \ufb01elds of life sciences (e.g. neurosciences), physics and engineering (e.g. robotics), and social sciences and humanities (e.g. high tech archaeology).<\/p>\n<p>Italian researchers, internationally recognized as highly productive in terms of articles and citations,<em> <strong>actively participate and\/or lead R&amp;D European networks<\/strong>,<\/em> such as the CERN physics laboratory, and top level research infrastructures of transnational interest in sectors such as aerospace, earth observation, system biology, nano-biotech, marine and maritime research in the Mediterranean area and beyond.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"1610543353039-9d2067ed-f43b\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610543353039-9d2067ed-f43b\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">7. Unparalleled Quality of Life and Cultural Offer<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610543353039-9d2067ed-f43b\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>Italian cities are over\ufb02owing with ancient monuments and treasures, and this \u2013 combined with its world-famous art, culture, music, food, and quality goods \u2013 gives Italy <em><strong>an unparalleled quality of life<\/strong>,<\/em> which is the envy of the world. Italy is ranked 1st worldwide for UNESCO World Heritage.<\/p>\n<p>As a result,<em> <strong>international tourist arrivals to Italy are nearly 50 million annually<\/strong>,<\/em> placing Italy <em><strong>5th among the world\u2019s top destinations<\/strong>.<\/em><\/p>\n<p>As the <em><strong>3rd top global country brand<\/strong><\/em> relating to \u2018experience\u2019 Italy inspires passion and interest the world over in its heritage &amp; culture, tourism and \u2018Made in Italy\u2019 goods. The \u2018Made in Italy\u2019 factor makes every brand unique and attractive.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"1610543353745-cb36fcfe-4658\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610543353745-cb36fcfe-4658\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">8. Tax Measures and Incentives to Improve Competitiveness<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610543353745-cb36fcfe-4658\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><em><strong>Tax credit schemes<\/strong> <\/em>support companies to improve their competitiveness: 25% tax credit for <em><strong>private investments in R&amp;D<\/strong><\/em> (50% for projects with universities or research centres), 15% tax credit for <em><strong>investments in machinery and capital goods<\/strong>.<\/em> Employing <em><strong>researchers in technical and scienti\ufb01c \ufb01elds also attracts<\/strong>\u00a0<\/em> tax credits. Further public incentives support <em><strong>new investments in manufacturing and R&amp;D<\/strong><\/em>, especially in southern Regions.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"1610543354344-1e966086-0e03\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610543354344-1e966086-0e03\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">9. On Going Reforms: Pro-business and Pro-growth<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610543354344-1e966086-0e03\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><em><strong>A fast and comprehensive reform strategy<\/strong><\/em> is in place to build a more friendly business climate, <em><strong>simplifying<\/strong><\/em> and adapting bureaucracy, <em><strong>improving education and justice<\/strong>.<\/em><\/p>\n<p>Many of these reforms will make Italy a <em><strong>more attractive economy to invest in<\/strong>, s<\/em>uch as new <em><strong>labour legislation<\/strong>,<\/em> more \ufb02exibility to conclude tax agreements with the tax authorities, simpli\ufb01ed procedures to access and exploit <em><strong>oil and gas resources<\/strong>,<\/em> new \ufb01nancial tools for <em><strong>Real Estate<\/strong><\/em>, dedicated business courts to resolve disputes <em><strong>involving foreign investors<\/strong>.<\/em><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"1610543355050-1e5b8e5f-58c5\" itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><button class=\"w-tabs-section-header\" aria-controls=\"content-1610543355050-1e5b8e5f-58c5\" aria-expanded=\"false\"><div class=\"w-tabs-section-title\" itemprop=\"name\">10. Open to Foreign Investment: Right Place, Right Time<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div  class=\"w-tabs-section-content\" id=\"content-1610543355050-1e5b8e5f-58c5\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\"><div class=\"w-tabs-section-content-h i-cf\" itemprop=\"text\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p><em><strong>Strong performance of Multinational companies<\/strong>:<\/em> industrial foreign af\ufb01liates employ 11% of total workers, produce more than 20% of domestic turnover, and export 26% of national exported goods. The presence of foreign af\ufb01liates is signi\ufb01cantly higher in <em><strong>high-tech sectors, high-level services, and among the largest companies.<\/strong><\/em><\/p>\n<p>Thanks to recent regulatory reform, there is much greater \ufb02exibility in setting up a new business for start-ups: <em><strong>Italy now precedes Germany in the \u2018starting a business\u2019 ranking<\/strong>.<\/em><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-1 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"10 Reasons to invest in Italy 1. A Country that ranks among the world\u2019s top economies and marketsItaly is the 3rd largest economy of the Eurozone and the 8th largest in the world, with a GDP of more than 2.1 trillion dollars, bigger than India or Russia. The domestic market offers many opportunities, with a...","protected":false},"author":1,"featured_media":1374,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/1051"}],"collection":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/comments?post=1051"}],"version-history":[{"count":4,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/1051\/revisions"}],"predecessor-version":[{"id":1066,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/pages\/1051\/revisions\/1066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/media\/1374"}],"wp:attachment":[{"href":"https:\/\/www.opencompanyitaly.com\/en\/wp-json\/wp\/v2\/media?parent=1051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}