There are many reasons why businesses choose the United States and it continues to be the most desired place for every investor. In addition to the business-friendly environmental aspects and quality of life considerations, several other factors are primarily related to technology, supply chain, infrastructure, and workforce.
Also, the diversity of the US and its openness enables companies from all countries to thrive in the market.
And if you have yet not considered the US as the second home for your business, we’re sure by the end of this article you’ll be pretty much willing to invest in the US.
Here’s What Makes It the Top Investment Destination
World’s Largest Market
The US has the largest consumer market among the top 5 richest economies in the world. It has a GDP of $20 trillion with 325 million people. In addition, household spending accounts for nearly one-third of all global household consumption. Also, more than 200 countries have signed free trade agreements, enabling U.S. exporters to reach hundreds of millions more consumers. The US market is also a pool of opportunities, with the country being a world leader in:
- Consumer goods market research
- Product innovation
- Product manufacturing, branding, and marketing
- Highly skilled workforce
US exports gain a competitive edge with its pioneering goods and services, higher standards of quality, great customer service, and sound business practices.
The US-based businesses have access to over 790 million consumers because of its free trade agreements with 20 additional countries. As per World Bank, no other country in the world has more prompt export procedures.
Ease of Doing Business
Ease of doing business is another factor that makes the US so popular among investors. The country is backed by a regulatory ecosystem that is extremely favorable to starting as well as operating a business. The business culture is very encouraging and competitive at the same time. Regardless of any differences, all businesses in the US get to compete fairly.
Foreign direct investment plays a pivotal role in promoting start-ups and new enterprises. As per statistics released by the Bureau of Economic Analysis (BEA), U.S. direct investment increased from $244.9 billion to $6.15 trillion.
Best Legal System
Another major advantage for investors is the impeccable law of the US. With its highly transparent and predictable legal system, US law focuses mainly on the protection of intellectual property rights. Due to this business-friendly legal system, the US has been able to attract investors and boost innovation in the business field.
Talented and Diverse Workforce
The US has a workforce that’s distinct, accomplished, and innovative. Studies state that US workers are among the most industrious in the world. For any investor, getting access to a skilled workforce is vital to the successful operation of the business. And with the US, your hunt ends effortlessly. To ensure the workforce can meet the demands of a 21st-century economy, the United States has prioritized collaborative mechanisms with public and private organizations.
Best Education System
The US offers free public K-12 education. The country is a hub of one of the most cutting-edge colleges and university networks in the world. As per a report, 8 out of the 10 top universities worldwide have their home in the United States The strong education system of the United States is what lays the perfect ground for its competitive and proficient workforce. There are also numerous options for anyone looking for specific training and education
To know more about the USA and the investor program it offers, visit: https://aaa-international.com/united-states-of-america