5 Reasons Brussels is a Great Place for Business

This is thanks to its strategic location in the very heart of Europe, excellent quality of life, educated workforce, and diverse market opportunities. Here are the top 5 reasons why Brussels is worth considering when growing your business.

Brussels has a talented and multicultural workforce

Brussels ranks second among the world's leading economies regarding workforce talent. The official languages are French and Dutch, but English is also widely spoken. This city has invested heavily in education, health services, infrastructure, and workforce training.

This city offers attractive tax incentives

Belgium's tax policy is in line with those of other European countries. It offers incentives for research and development and flexible taxes for new investors. 

Regarding research and development, companies that choose to invest can deduct up to 80% of the patent income from their tax base, significantly reducing the effective tax rate.

A growing and expanding market

Brussels has a population of about 1.2 million, and within a 50-kilometer radius, that number reaches about 6 million. Residents allocate a large part of their budget to shopping, and Belgian households consume 17.2% of their budget. Even during the financial crisis, consumers in Brussels continued to support the local economy.

Brussels is also one of the fastest-growing cities in Europe, boasting a population increase of 15.8% between 2005 and 2015. This city is a top-rated tourist destination, with over 550,000 monthly overnight stays.

Brussels has a solid financial sector

Brussels is the perfect place to expand and improve your business, and the city is teeming with new ideas and projects. Brussels is also the headquarters of certain global companies that provide services. Experts from specialized financial infrastructures have the most up-to-date knowledge of payment services and cyber security.

Brussels has around 205 bank branches, including commercial and international banks, social and niche banks, and more. This city also has many credit institutions, brokerage firms, leasing companies, and other financial service providers.

An excellent place for international expansion

Brussels is ideal for testing and developing new products, services, and concepts. Although Belgium is a small country with three official languages, its capital city is home to diverse cultures and communities.

Brussels is also home to many international institutions, such as NATO, the EU, and many international associations. It is a meeting place for foreign diplomats and journalists.

Due to the high quality of life and proximity to other important business points in Europe, Brussels has already managed to "convince" over 1,500 foreign companies to establish their European headquarters or sales branches.

Wondering where to stay?

If you are planning your arrival in Brussels, you must plan for accommodations to make the trip pleasant and unforgettable. We want to make it easier for you. Homenhancement furnished, beautiful, and luxurious apartments in Brussels will provide you with all the equipment and comfort you need to feel at home even if you only stay for a few days. 

By choosing Homenhancement apartments, you will feel safe and like you are at home, have service and support, a flexible stay, multilingual experts at your service, and more. In our apartments, you can also set up a home office.

We can also help you pick the perfect neighborhood for you since all our apartments are in areas equipped with big and small stores, pubs, and restaurants so that you will have a pleasant stay.

For more information, call us at +41225524430 or visit our page and check available apartments for rent HERE.