Increasing trust in Bermuda's economy in 2016 may spike FDI
Healy Consultants Group PLC
22 March, 2016
Bermuda - a small British Overseas territory has been appearing in the business news around the world in the past week. Following a Business Confidence Survey published by HSBC, the markets has been increasingly bullish about the Bermuda economy.
The confidence among investors and top 100 respondents alike is rising which makes the state even more lucrative. Hiring expectations, as a key component in any market, remain high with almost a 26% projected increase. Most Bermuda CEO's expect to have to increase the rates of hiring employees which relates to a stronger economy and production expectations.
Healy Consultant's Americas expert, Mr. Petar Chakarov explains: "The rising confidence is a result of strong economic output in 2015, followed by promising Government support on business and cost-efficient choices. Truly 2016 will be the year of business for Bermuda".
Furthermore, business partnership's recently received a significant boost in business flexibility and access to private-equity funds. With new law amendments confirmed , a new exempted company may now convert to an exempted limited partnership with separate legal personality and vice versa. This change can only enhance Bermuda's attractiveness as a jurisdiction of choice for private-equity fund structures.
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