Philippines as the number 1 country to invest in

globe toys

Last month, U.S. News released a list of the top 20 countries to invest in now. The Philippines bagged the first place, beating countries such as France, the United Kingdom, Spain, Australia, and Singapore.

To qualify as a worthy country, certain qualities must be fulfilled. A World Bank Group report highlighted four factors which are; the country’s people, environment, relationships, and framework — that propel both individuals and corporations to invest in a given country’s natural resources, markets, technologies, or brands. To determine the ranking, U.S. News focused on eight out of the 65 attributes: entrepreneurship, economic stability, favorable tax environment, innovation, skilled labor, technological expertise, dynamism, and corruption. Moreover, U.S. News surveyed more than 21,000 people from 80 different countries.

As for the rankings, please refer to the list below.

  1. Philippines
  2. Indonesia
  3. Poland
  4. Malaysia
  5. Singapore
  6. Australia
  7. Spain
  8. Thailand
  9. India
  10. Oman
  11. Czech Republic
  12. Finland
  13. Uruguay
  14. Turkey
  15. Ireland
  16. Netherlands
  17. United Kingdom
  18. Brazil
  19. France
  20. Chile

There you have it, the top 20 countries to invest in now. It is not surprising why the Philippines topped the list this year. Did you know that business owners can save up to 70% off their current operational cost if they outsource to the Philippines? Which is why Outsource Accelerator advocates outsourcing to the Philippines to encourage and business owners and entrepreneurs to start their outsourcing journey.

Read more here.