A study of why the German economy is thriving amid difficult circumstances, and how this could potentially encourage companies to relocate staff to the country as a result

Against all odds, the German economy recorded tangible growth in the third quarter of 2011. This is amid the most serious financial crisis which the Euro-zone has ever experienced.

While, Ireland, Portugal, Spain and now Italy struggle to look beyond the next few months, Germany appears to be in a stable and healthy position.

Such stability, amid particularly trying circumstances, is likely to encourage investors to consider relocating staff to the country in order to see if they can benefit from the positive financial vibes surrounding the country.

It is expected that this news will mean that Germany does not have to borrow nearly as much in the near future as was originally projected.

Spreading the wealth

The news follows a significant rise in the number of German nationals relocating to the United States.
For the first time in five years, Germany (21%) has sent more individuals to the U.S than the United Kingdom (18%).

This represented a 24.9% rise in the number of employees relocating from Germany to the United States compared to last year.

In contrast, both China and the U.K saw significant declines in the number of employees who relocated in the same direction.

The significant rise in the number of German nationals looking to relocate to the U.S is thought to be mainly due to the steady rate at which the German economy is growing at, despite the continuous problems within the Euro zone generally.

Several German companies and individuals are thought to be using this success as a catalyst to explore new business and investment opportunities throughout the world.

The United States appears to be top of their list at the moment.

The rest of the top ten was made up from an eclectic mix including Switzerland, France, Australia, Japan, Belgium and Singapore.