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VOL. 39 | NO. 3 | Friday, January 16, 2015
Probably not a job at the end of this rainbow
When I visited Dublin, Ireland, in 2013, I was surprised at what I found. It’s a European city that in some ways reminded me of home.
People were incredibly friendly, and the culture was built around music, food and socializing.
The city’s core is a similar size to Downtown Memphis, and it’s built around a river.
But the part that truly stole my heart was the tech culture.
In the past five years, a large number of U.S. dot-com companies have opened offices in Dublin. The list is too long to mention, but a few of the highlights include Google, LinkedIn, eBay, Amazon, Facebook, Twitter, PayPal, Apple, Indeed and Etsy.
A few weeks ago, I took a trip back to learn more about the Dublin employment scene. A number of my clients have expressed interest in moving abroad, so I wanted to get the inside scoop.
I started the visit meeting with career coach Karen Willis. Karen specializes in helping her clients to find a new path.
She explained that moving to Dublin can be a tricky process. By law, European citizens are given priority over other regions. With the large number of people migrating to Ireland from other parts of Europe, it’s tough for an outsider to get their foot in the door.
Afterward, I took a long walk across Dublin to the IDA office, appropriately situated next to LinkedIn. I met with Barry O’Dowd, the senior vice president of the Emerging Business Division. Barry has been working to bring new businesses to Ireland for over 20 years, and he brought me up to speed on what has caused the influx of companies to move there.
For starters, Ireland has a young, educated, multilingual, mobile workforce. The population’s median age is the lowest in Europe at 35. They’re also the closest country in Europe to the U.S., and they offer tax incentives. With a corporate tax rate of just 12.5 percent, it’s roughly half of what other countries in Europe charge.
Last, I attended an information session for the NDRC, where I heard director Gary Leyden speak about his 12-week business accelerator. NDRC is an early stage investor in innovation, working with up to 40 startup ventures per year. In fact, their 2013 class secured over $48 million in commercial follow-on investment. The program has become so successful that hundreds of teams complete for the handful of available spots.
I’m disappointed to report that if you get the urge to move to this wonderful city by yourself, it won’t be an easy road. One possible option is to transfer there with a U.S. company. Or, I’ve also heard rumors that other European cities are more flexible on hiring, such as London.
However, if you’re an entrepreneur who’s open to relocating your business or starting a new one, Dublin will welcome you with open arms.
If you’d like to learn more, you can listen to my entire interview with Karen Willis on the Copeland Coaching Podcast in iTunes.
Angela Copeland is CEO/founder of Copeland Coaching, CopelandCoaching.com, and author of “Breaking The Rules & Getting The Job.” She also hosts the Copeland Coaching Podcast on iTunes. You can follow Copeland Coaching on Twitter (@CopelandCoach) and Facebook (facebook.com/CopelandCoaching).