6 ms·

Wouldn't it be better to welcome and accommodate educated and enthusiastic foreigners who want to invest in your country and its people, rather than being a lan

Wouldn't it be better to welcome and accommodate educated and enthusiastic foreigners who want to invest in your country and its people, rather than being a language purist for the sake of it? Can a country like Germany afford to be picky with people trying to invest in it?

sgt 4y ago
Where is Germany the company listed again, NASDAQ? I want to invest. /s
- chrisseaton 4y ago
  Have you never heard of foreign investment? People bringing their capital, but also their skills and knowledge? Despite scare-mongering about immigrants, it's often a really great thing that we should encourage.
- robocat 4y ago
  There are plenty of foreign companies listed on American stock exchanges using “American Depository Receipts”: for example the 100 billion dollar German company SAP is listed as an ADR on the NYSE (although not NASDAQ, sorry) https://www.wsj.com/market-data/quotes/SAP https://www.wsj.com/market-data/quotes/SAP There is a list of 460 foreign companies cross listed on US stock exchanges, and that list includes a handful of german companies, although somewhere else said that there are 21 German companies listed using ADR, so perhaps the list is incomplete? https://stockmarketmba.com/listofadrs.php https://stockmarketmba.com/listofadrs.php
Major_Grooves 4y ago
that is pretty much what I mean. People take what I wrote as an insult to the German language and country. I love Germany, and the language. I learned it and gained German citizenship. I want the country to succeed and do well. Currently, the business registration process is a hindrance. They should take a leaf from Estonia's book and simplify the process. Including making it possible to navigate the whole process in English.
- blueflow 4y ago
  Its not an insult to Germany. Its an insult to people from non-english speaking countries. The normal situation for most people across the world is: you go to another country, you don't share any language with the people there, and as the foreigner, there is no option for you but to learn the local language. You have the privilege of having English as mother tongue, you can go to another random country and you'll have people speak your language. And yet you complain that the foreign authorities don't work in your language. This is what aggravates people on reddit and here.
  - 7373737373 4y ago
    I think you should overthink your aggravation and classification of the want for language compatibility and ease of business as an "insult" The process of founding a company doesn't have to be as difficult as it is, and the more people can take part in it, the better it is for Germany!
    - blueflow 4y ago
      Its not even half as difficult as the article portrays it to be, most of the issues steam from a lack of research on how to do it.
      - 7373737373 4y ago
        I'm glad you found the process easy
  - sbacic 4y ago
    > Its an insult to people from non-english speaking countries. No it is not. It may be an insult to people from larger countries who have been pampered all their life, with all the content they consumed being in their native language, being led to believe that their language is somehow equal to English. It is not. I am Croatian. I don't expect anyone to learn my language, even if they're coming to live here. In fact, considering how difficult it is, we Croatians usually tell people not to bother. I do expect that when I travel, I can use English, the de-facto lingua franca, to find my way around and communicate with locals. I expect signs and information to be in English. Most amusingly enough, people from smaller countries _get_ this. They understand that if they want to participate in a global society, they need to learn English. People from big countries don't.
sdiacom 4y ago
A country like the economic and industrial powerhouse of the European Union? Yes, I think they're doing fine without business owners who are not interested in being business literate in the market they intend to participate in.
- Major_Grooves 4y ago
  yes, they do well. However, I think they would do better by making the business registration process more accessible to outsiders.
  - quonn 4y ago
    It would be nice and I'll fully support it. But I think those outside founders would benefit more than Germany would benefit from them. For those who actually want to create roots in the country, create jobs, generate taxable income - well, for those the incorporation will be a very small roadblock. Tiny compared to everything else.
    - nibbleshifter 4y ago
      I simply took my (sustainable, profitable) business to Ireland after getting sick of dealing with German nonsense. The value prop to me of being in Germany was entirely negated by the hostile environment towards getting anything done that wasn't paperwork.
      - quonn 4y ago
        I‘ve been running my company in Germany for years and do absolutely zero paper work. Zero. As I said, I spent a few hours to incorporate and we pay external services to do the work to keep it running (taxes, insurances). And I refuse to believe that you don‘t have to file taxes in other countries, sorry. It‘s just ridiculous.
- chrisseaton 4y ago
  Someone else posted a link where they're specifically requesting people start their companies there... in English. https://start-ups.invest-in-bavaria.com https://start-ups.invest-in-bavaria.com
q-big 4y ago
> Wouldn't it be better to welcome and accommodate educated and enthusiastic foreigners who want to invest in your country and its people, rather than being a language purist for the sake of it? The same could be said about anglophone countries concerning people who don't speak English.

sgt 4y ago

Where is Germany the company listed again, NASDAQ? I want to invest. /s

chrisseaton 4y ago
Have you never heard of foreign investment? People bringing their capital, but also their skills and knowledge? Despite scare-mongering about immigrants, it's often a really great thing that we should encourage.
robocat 4y ago
There are plenty of foreign companies listed on American stock exchanges using “American Depository Receipts”: for example the 100 billion dollar German company SAP is listed as an ADR on the NYSE (although not NASDAQ, sorry) https://www.wsj.com/market-data/quotes/SAP https://www.wsj.com/market-data/quotes/SAP There is a list of 460 foreign companies cross listed on US stock exchanges, and that list includes a handful of german companies, although somewhere else said that there are 21 German companies listed using ADR, so perhaps the list is incomplete? https://stockmarketmba.com/listofadrs.php https://stockmarketmba.com/listofadrs.php

Major_Grooves 4y ago

that is pretty much what I mean. People take what I wrote as an insult to the German language and country. I love Germany, and the language. I learned it and gained German citizenship. I want the country to succeed and do well. Currently, the business registration process is a hindrance. They should take a leaf from Estonia's book and simplify the process. Including making it possible to navigate the whole process in English.

blueflow 4y ago
Its not an insult to Germany. Its an insult to people from non-english speaking countries. The normal situation for most people across the world is: you go to another country, you don't share any language with the people there, and as the foreigner, there is no option for you but to learn the local language. You have the privilege of having English as mother tongue, you can go to another random country and you'll have people speak your language. And yet you complain that the foreign authorities don't work in your language. This is what aggravates people on reddit and here.
- 7373737373 4y ago
  I think you should overthink your aggravation and classification of the want for language compatibility and ease of business as an "insult" The process of founding a company doesn't have to be as difficult as it is, and the more people can take part in it, the better it is for Germany!
  - blueflow 4y ago
    Its not even half as difficult as the article portrays it to be, most of the issues steam from a lack of research on how to do it.
    - 7373737373 4y ago
      I'm glad you found the process easy
- sbacic 4y ago
  > Its an insult to people from non-english speaking countries. No it is not. It may be an insult to people from larger countries who have been pampered all their life, with all the content they consumed being in their native language, being led to believe that their language is somehow equal to English. It is not. I am Croatian. I don't expect anyone to learn my language, even if they're coming to live here. In fact, considering how difficult it is, we Croatians usually tell people not to bother. I do expect that when I travel, I can use English, the de-facto lingua franca, to find my way around and communicate with locals. I expect signs and information to be in English. Most amusingly enough, people from smaller countries _get_ this. They understand that if they want to participate in a global society, they need to learn English. People from big countries don't.

sdiacom 4y ago

A country like the economic and industrial powerhouse of the European Union? Yes, I think they're doing fine without business owners who are not interested in being business literate in the market they intend to participate in.

Major_Grooves 4y ago
yes, they do well. However, I think they would do better by making the business registration process more accessible to outsiders.
- quonn 4y ago
  It would be nice and I'll fully support it. But I think those outside founders would benefit more than Germany would benefit from them. For those who actually want to create roots in the country, create jobs, generate taxable income - well, for those the incorporation will be a very small roadblock. Tiny compared to everything else.
  - nibbleshifter 4y ago
    I simply took my (sustainable, profitable) business to Ireland after getting sick of dealing with German nonsense. The value prop to me of being in Germany was entirely negated by the hostile environment towards getting anything done that wasn't paperwork.
    - quonn 4y ago
      I‘ve been running my company in Germany for years and do absolutely zero paper work. Zero. As I said, I spent a few hours to incorporate and we pay external services to do the work to keep it running (taxes, insurances). And I refuse to believe that you don‘t have to file taxes in other countries, sorry. It‘s just ridiculous.
chrisseaton 4y ago
Someone else posted a link where they're specifically requesting people start their companies there... in English. https://start-ups.invest-in-bavaria.com https://start-ups.invest-in-bavaria.com

q-big 4y ago

> Wouldn't it be better to welcome and accommodate educated and enthusiastic foreigners who want to invest in your country and its people, rather than being a language purist for the sake of it? The same could be said about anglophone countries concerning people who don't speak English.