Milan is considered to be the economic and financial hub of Italy by many, and rightly so.
It is the most prosperous commercial and manufacturing city. Italy’s main stock exchange is present in Milan and it is also home to Bocconi University, one of the top-listed business universities in Europe.
That’s not all. Milan is also the global capital of fashion, with a number of prominent designers emerging from the city with the passage of time, expanding its role as a fashion center.
Milan is the wealthiest city in Italy. This is why it is referred to as “the gateway to business in Italy”.
Some of the key benefits of having business activity in Milan are:
Although Milan is not the capital city but it has some advantages when compared to Rome. The most important thing that Milan has is the stock exchange which highlights its importance when it comes to the business world.
Apart from this, it also houses many corporate headquarters from both big multi-national companies such as Google and small or medium local firms.
Italy gives a strategic gateway to businesses across the Middle East, the European Union, and Northern Africa. It is also a primary center between southern, eastern, and central Europe.
Milan has three main train stations and three airports: one in the city and two outside the city, making it easily accessible and highly connected.
Businesses in Italy have duty-free access to over 50 million consumers to over 30 national markets as a part of the European Union. Now, that’s something significant.
Since Milan is the economic center of Italy, the government continues to strive hard to gain the trust of investors. Its open economy welcomes investors from all over the world.
With multiple insurance companies, banks, and major industrial companies choosing to invest in Milan as their preferred location, it not only has become a capital of finance but also a hub for start-ups.
Italian manufacturers invest in advanced manufacturing technologies to enhance the production rate and reduce costs.
Investors from different regions can team up with experts in a diverse pool of sectors such as food products, pharmaceuticals, automotive, and machine tools among others.
Milan is a contributor to the development of Italy. Its manufacturing base is progressing day by day, providing more opportunities for the businesses to innovate.
Milan is a vibrant and cultural city at the forefront of Italy, hosting several exhibitions, fairs, events, and shows.
Trade fairs allow small and medium enterprises to connect with the international market hence being resourceful to the city. These activities help the business to gain a boost that it needs to grow.
Starting a business activity in Milan also usually accompanies some property purchase.
Following are some of the reasons why Milan is a good option to choose for property investment:
A frequently growing business pattern, calm and peaceful lifestyle, and a whole lot of creativity make Milan a truly unique city that it is today.
It generates 21% of Italy’s total GDP - making it one of the most influential cities in Italy!
Fashion and design, art, nightlife, industrial development, and several business opportunities are the key factors that make Milan the world’s liveliest economic hub.
If you wish to invest in property in Milan and begin your business activity here – contact us at Italia Properties for assistance.
Together, let’s help you pave your way to financial success.