Dublin top city to escape to for those disgruntled by Brexit

Ryan Bembridge

March 22, 2017

Banking professionals looking to move away from London after the Brexit vote should consider Dublin, online removals platform Movinga has recommended.

The Republic of Ireland capital was the top pick despite maximum income tax of 52% due to average high-end rent prices, language spoken, cuisine as well as luxury stores and bars.

The second most recommended city was Amsterdam in the Netherlands, followed by Valletta in Malta, Luxembourg and Brussels in Belgium.

Responding to negative coverage of seconds

Finn Hänsel, managing director at Movinga, said: “Everyone talks about Paris and Frankfurt as the new financial centres of Europe after Brexit.

“But other cities like Dublin, Valletta, Luxembourg and Amsterdam may actually be better equipped to make these workers feel happy and at home. Individuals and businesses alike should consider the unique factors important to their relocation before planning their move.”

Milan in Italy was the least desirable city for London bankers to relocate to due to expensive high end rents, the long distance from the UK, expensive flight tickets and low English comprehension.

For startups the German capital Berlin was seen as the best place to go followed by Warsaw in Poland, Budapest in Hungary, Brno in the Czech Republic and Barcelona in Spain.

The least desirable city was Copenhagen, Denmark, due to expensive rents, lack of access to finance and high price of beer.

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