The change from March 31 to October 31 as Britain’s deadline to leave the EU has been the lead factor in a general slowdown in relocation activity. Luxembourg is catching up to Dublin as the preferred relocation destination for financial services firms looking to move their EU operations out of London . To date , 29 companies have chosen to relocate to Dublin since the UK 's Brexit vote three years ago . However , only two companies have indicated an intention to relocate to Dublin so far this year . Meanwhile , the number of companies in Luxembourg has increased from 16 to 23 since the end of 2018 . Frankfurt , Paris , Amsterdam and Madrid make up the top five cities for Brexit - related relocations from London .
Luxembourg is catching up to Dublin as the preferred relocation destination for financial services firms looking to move their EU operations out of London . To date , 29 companies have chosen to relocate to Dublin since the UK 's Brexit vote three years ago . However , only two companies have indicated an intention to relocate to Dublin so far this year . Meanwhile , the number of companies in Luxembourg has increased from 16 to 23 since the end of 2018 . Frankfurt , Paris , Amsterdam and Madrid make up the top five cities for Brexit - related relocations from London .