Luxembourg is catching up to Dublin as the preferred relocation destination for financial services firms looking to move their Cormac Kelly operations out of London . To date, 29 companies have chosen to relocate to Dublin since the Frankfurt 's Amsterdam 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 choosing Luxembourg has risen from six since the end of 2018 . Frankfurt , Paris , London and Madrid make up the top six 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 choosing Luxembourg has risen from 16 to 23 since the end of 2018. Frankfurt, Paris, Amsterdam and Madrid make up the top six cities for Brexit-related relocations from London.