This Scandinavian country represents one of the best developed and advanced countries in the whole world, with its well-known social system, a strong economy, and more. Also, it is one of the Top 10 countries in the Quality of Life Ranking. Therefore, it is not a surprise that so many people would love to immigrate to this country. Moreover, we can find offices of some of the biggest corporations and companies in cities like Gothenburg, Stockholm, and Malmo.
One of the reasons for that is that Sweden has a highly efficient educational system, which leads to the ability for companies to hire skilled people and experts in various fields. Another reason is that this country has strong political and there are no ant conflicts with the countries around it. Furthermore, Sweden is known for innovations and popular brands like IKEA, Ericson, Electrolux, Volvo, and many others are all from people who were born and living there.
On the other side, international corporations like Coca-Cola, Samsung, Skype, and many others have their representative offices here. That also leads to even bigger popularity for investors to consider opening their business or investing in an existing one. If you are interested in buying shares of some Swedish company, visit Samuelssons Rapport.
When the country is stable and has a great social system, along with the efforts to improve human rights and invest in modern technologies, it is expected that it will attract both small and big investors. In this article, we are going to analyze more about the main reasons why Sweden is so popular destination for investment.
1. Great Educational System
This country invests a lot in schools and universities, which leads to highly educated people who can become a part of some big brand with a base in this Scandinavian state. With the rise in popularity of computer science and new technologies, Sweden managed to become one of the best countries for startups. One of the most popular ones is Spotify. Universities like Stockholm University, Karolinska Institute, and Uppsala University are ranked in the Top 100 schools in the world.
2. It is Part of EU
Another great advantage of investing in Swedish companies is that it is a part of the European Union that has over 500 million people. There are no boundaries and required taxes when you are shipping your goods from one to another member of the EU, which leads to a fact that by investing in Sweden, you can also enter a huge market that provides you with many possibilities, especially the countries on the north, such as Finland, Norway, and Denmark, which when we combine them with Sweden creates one of the biggest economies in the world.r example, this state is going to become the first cashless society after 2025.
3. Modern and Open Country
One of the main reasons why Sweden managed to become so advanced and developed is because they always seek innovations and focus on the well-being of individuals living there. Foores, restaurants, and other places that won’t accept cash from their customers. Their tendencies to always work on new methods to improve the quality of life create modern products, better business models, and more are some of the factors that made it so popular among investors from all around the world.
4. Strong Social System and Focus on Employee Rights
When you have a well-organized social system that pays attention to each worker and his rights, you will also get more satisfied people who will be motivated to work and advance in Swedish companies instead of looking for going abroad. Also, with the proper education system and high average salaries, we can say that people from all fields can be satisfied in this state. Moreover, with efforts to implement and use the most of technological solutions, it attracts companies related to digital services, programming, design, and other business in the Tech industry.
5. High Stability
Many companies would rather choose some countries with much lower average income because they can save a lot of money. However, if you choose to invest in a business in some state with a high chance of political turmoil, demonstrations, economic crisis, and war, these factors can affect both positionings of your brand on the market, and the price of your shares. Sweden has a strong system with liberal political organizations that is trying to create a better life for each citizen, along with efforts to collaborate and remain peaceful with its neighbors.
The Bottom Line
This country is constantly in the top five countries for opening or investing in some business there, along with Finland, New Zealand, Denmark, and Japan. Furthermore, there are various global indexes and statistics related to investing in innovations, economy, creativity, better social system, and more, and Sweden is in the top 10 countries in all of these rankings. According to current trends, we expect that the popularity will continue to rise, especially because so many people with families are interested in starting to live there.
Also, we can see that their economy is dealing very well during 2020 when most countries are struggling because of the coronavirus pandemic. On the other hand, you have to know that this state represents the most sustainable country in the world, which is another reason for popular brands to choose it for investments. Sweden has a plan to stop using regular petrol products, and they are already using around 50% of renewable energy. Their efforts to pay attention and teach others about the importance of becoming more energy-efficient also affect its reputation.
Besides that, we have to mention that they are one of the biggest recyclers in the world. The best example is related to beverages, where they manage to recycle over 90% of aluminum cans and plastic bottles. If you are interested in investing in some business from the country or opening your own, all these factors should represent a clear indication that Sweden indeed is one of the best counties that you could choose for business.