American companies were were behind almost 40 percent of offices bought or leased in Dublin in 2011 and the trend is looking like inreasing in 2012
Paypal have just announced a new office in Dundalk - with 1000 staff and Google , Salesforce and Yelp are looking for extra space in Dublin . Facebook is also seeking to more than double the size of its European headquarters in Dublin.
The financial crisis in Ireland drove down commercial property rents as well as lwages - making Ireland a much more cost-competitive destination .
Bill Clinton said that Real estate in Ireland is "a steal"
A corporate tax rate of 12.5 percent is a vital part of the attraction for U.S. companies and new tax breaks are being offered to overseas workers who relocate to Ireland as the government seeks to attract more U.S. investment.
Google has 2,200 employees in Dublin with an increase to over 3,000 expected.
LinkedIn, leased space in 2011 and has increased the number of employees to about 175 from 30 since last year, O'Leary said.
Facebook is seeking to more than double the size of its European headquarters in Dublin ahead of its $5 billion initial public offering and is considering leasing the former Bank of Ireland headquarters building. More than 350 people work at its Dublin office.