Republic of Ireland business opportunities lie predominately in the area of service and high-tech industries. A modern knowledge-based economy, the country is heavily reliant on Foreign Direct Investment and has attracted several multinational corporations due to a highly educated workforce and low corporate tax rate. Ranked as one of the world’s most economically free economies in the world (according to the Index of Economic Freedom), its business friendly nature and unprecedented economic growth, hasn’t come without consequences. Exuberance led to a dramatic rise in consumer and government spending and borrowing to fuel construction and investment. The subsequent unwinding of these property, consumer debt and sovereign debt bubbles will be a long and unsettling experience, one that will present both risks and opportunities for Republic of Ireland business ventures.