Vilnius – best city for foreign investment

Published:
March 19, 2023
Vilnius – best city for foreign investment

Vilnius is a great city for investments. When evaluating it by taking a look at economical potential-forces, commercial basis, quality of life, costs efficiency and connections, Vilnius is among the best ranked cities in Europe. Vilnius is a young, growing city that is pleased to meet investments and businesses.

It is not surprising that in recent time recognition of Vilnius as one of leading globally-recognized cities is progressing, and that’s attracting a huge number of potential investors and companies that are now considering opening offices or their branches in the city. Vilnius’s been developing steadily over the past years, and significant efforts have been made to ensure that the expertise of foreign-representatives is as unimpeded and profitable as possible up to their complete integration. It’s widely described as a loyal, hospitable and originative city, while the local inhabitants are known as gifted and hard-working people. It plays an important role in evolving more high-end professionals and business-structures, then leading to the creation of high value-added goods and jobs, thereby improving the overall quality of life in Lithuanian capital.

Why is Vulnius appealing for foreign entrepreneurs?

Over the past year, Vilnius has been able to attract attention, as evidenced by significant ratings, and growing attention of investors and companies and specialists development. It would not be possible to achieve such results without the purposeful work of various institutions, and strengths of Vilnius – an inviting space for businesses, especially in the field of technology, orientation towards international-cooperation, and specialists’ attraction.

  1. Rapidly growing startup market-space. If you are interested in expanding your business, creating new partnerships, developing ideas or directly participating in knowledge sharing, then Vilnius is the right place. Innovation events take place here every day – no wonder Vilnius ranks first worldwide in accordance with FDI Tech Startup Index. At the same time, environment created for startups provides necessary assistance – they help newcomers with advice and share expertise.
  2. Key role of innovation. Capital of Lithuania is heavily focused on investing in tools and technological-solutions of the future that will help solve real problems. In this regard, the city attracts specialists from knowledge-intensive industries such as financial and technological sectors, global business-services, laser technology, life sciences and high-tech manufacturing.
  3. Large community of information technology experts. Vilnius has a large community of information and technology professionals based on knowledge sharing and collaboration. New members continue to join the community, bringing with them great ideas that spread freely in this supportive space. Currently, five Vilnius universities train IT specialists or offer retraining programs to start a new career.

Investors appreciate Vilnius being distinguished by strategic and purposeful functioning of various institutions, a progressive regulatory framework and an active commercial community. Vilnius is the largest administrative center with major political, cultural, economic and social institutions and a rich historical heritage. This is a multicultural city with significant investment opportunities, clean environment and excellent tourism potential.

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