Have you recently considered moving to Ireland? While Dublin is the first choice of most individuals, Cork is, according to many, the actual capital of the country.
The second-largest city in Ireland is the right place for everyone looking to build a career in the IT or pharmaceutical industry. The job market offers a myriad of opportunities for residents owing to the large number of multinational companies setting their operations there. The infrastructure, cost of living, and lifestyle of Cork contribute to its speedy development.
The following reasons will explain to you why this city is so fast-growing.
A competitive job market
One of the reasons that make Cork a flourishing city in Ireland is the competitiveness of the job market. Due to a large number of government and private investments, this region is predicted to experience fast growth in the course of the following twenty years. Even though Cork was a centre of international trade and heavy industry in the past, it’s nowadays a hub for IT and pharmaceutical companies.
This vibrant city is the home of numerous multinational companies, providing jobs related to hardware, software, medical devices, manufacturing, pharmaceuticals, etc. For instance, the European headquarters of Apple is based right in this city. There is a wide range of SEO Cork Services to grow new businesses, working with companies in different niches. Other reputable businesses present in Cork include Pfizer, Amazon, Dell, Siemens, Marriott, Jonson Controls, etc.
Believe it or not, over 150 global companies are operating in this city, offering an extensive range of job opportunities to residents. Sixty of these multinationals are tech firms, whereas ten are among the most renowned pharmaceutical companies worldwide. The unemployment rate is relatively low, just 5.6 percent.
Another factor that makes Cork one of the most thriving cities in Ireland is the number of projects waiting to be realized in the years to come. It’s expected to grow drastically in the following twenty years owing to Project Ireland 2040, devised in 2018. By the year 2040, Ireland is expected to become a better country for its residents.
In addition, this project involves investments not just in public infrastructure but also in businesses and communities all across the country to help them realize their potential. Cork is expected to experience an increase in population of approximately 300,000 people, 125,000 of which in the city and 150,000 in the country. Owing to this project, private and foreign investors are predicted to consider Cork a worthy place of investment. The population growth will result in the need for thousands of new jobs.
Lower cost of living than Dublin
Many individuals decide to move to Cork instead of Dublin because of the lower cost of living. The cost of rent and apartment prices in this city are lower, hence encouraging lots of young adults to start a life here or raise a family. Although the rent prices have increased in recent years, they’re still lower than in Dublin.
For instance, renting a single-room flat in the city centre of Dublin is € 1,644 a month, whereas in Cork it’s €1,177, which makes it 28 % cheaper. The cost of renting a city-centre three-bedroom flat in Ireland’s capital is €3,000, while the price for the same apartment in the second-largest city in Ireland is about €1,900. It means the rent prices for three-bedroom flats are nearly 37 % lower than in Dublin.
Moreover, individuals interested in purchasing a flat in Cork would be happy to learn the price for a square meter is much cheaper than in the Irish capital. For example, the average price per square meter for a flat in the city centre is €3,310. In comparison, the average apartment price in Dublin’s centre is much higher, €5,480 per square meter.
The cost of living is also cheaper. Transportation, entertainment, food, and personal care expenses are more affordable in Cork, which makes it an attractive destination for individuals planning to relocate to Ireland.
As far as lifestyle is concerned, Cork has a lot to offer to residents and visitors. The nightlife is spectacular owing to the plethora of fancy restaurants, lively pubs, and top-notch nightclubs. There is also a wide assortment of theatres, cinemas, as well as an incredible dance scene.
Furthermore, Cork is widely known as the gourmet capital, offering a variety of dining options and food markets. For instance, the Old English Market is a paradise for every food lover because of the choice of organic products. Also, fresh fish can be purchased straight from a boat. Follow this link, https://www.britannica.com/place/Cork-Ireland, to learn more about the history and culture of this marvelous city.
The second-largest city in Ireland offers an extensive selection of dining restaurants, tapas bars, and even veggie restaurants. When heading outside of Cork, residents enjoy a breathtaking coastline and sandy beaches. Roscarbery, Skibbereen, and Schull are some of the most popular blue-flag beaches.
The spectacular scenery makes outdoor activities popular in this county, such as hiking, golf, horse riding, water sports, sailing, etc. The variety of entertainment alternatives contributes to the fast growth of this magnificent city.
Another reason why this city is fast-growing is the excellent network of transportation links. For instance, the M8 motorway will take you to Dublin without any traffic lights on the way till you arrive in the suburbs of the capital. Residents can also travel to the Irish capital by bus or train. There is an airport for everyone who wishes to travel to Europe or the USA.
Many residents love Cork because of the short commutes, regardless of whether they live in the city or in the suburbs. The normal commute usually takes fifteen minutes in the morning and fifteen in the evening, as long as you somehow avoid the rush hour.
Cork promises a lot more in the years to come.
It’s a great place for climbing the career ladder!