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After Brexit, Berlin wants to attract British tech professionals

On the 23rd of June 2016, Great Britain has voted to leave the EU. Although the majority that voted to leave was not, statistically speaking, significantly bigger than the side that voted to remain, the mark of 50% has been passed, so the Brexit voters have been officially declared to be the winners.

The results of the vote created shock waves in British tech and financial industries, as many companies are currently based in the country solely for the purpose of easy access to the EU market. Therefore many of the companies have expressed potential willingness to relocate to another EU country if Britain leaves.

These events have prompted Berlin Senator for Economics and Technology, Cordelia Yzer to start speaking with British tech startups and venture capitalists to promote German capital as potential new base for their operations.

The city, which hosts one of the biggest tech hubs in Europe, is notorious for its tolerant attitude towards migrants, so young tech professionals from Britain are sure to be welcome there. Another attractive fact about the city is that with salaries in tech sector comparable with what people earn in London, the living expenses are substantially smaller. For example, while a mid-career software engineer can realistically expect to earn up to 80,000 Euros per year, a monthly rent for a 3-bedroom house in central Berlin is only 1,300. In London, this amount of money may get you a single room if you are lucky.

Of-course, any tech professional who is willing to relocate from Britain to Germany will absolutely have to learn German language, as country's laws don't allow to publish commercial software products without localised user interface. However, that perhaps is the only stumbling block.



For more information, follow this link:

http://www.bbc.co.uk/news/business-36642560


Published by

Posted on 1 Jul 2016




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