In an increasingly globalized world, people have no shortage of options when it comes to choosing their place of work or business. Advances in telecommunications technology, airline travel, and international relations make it easier than ever to reside in tens of thousands of cities of your choosing.
But with literally a whole world to choose from, it can be overwhelming trying to make up your mind. Thankfully, the record number of expats across the world has spurred consultancies and other institutions to uncover the best place in which to unlock all that global talent.
CityLab cites a recent study conducted jointly by the Boston Consulting Group (BCG) and The Network, a recruiting firm, which asked respondents what five cities they would consider living in. Over 203,000 people across 189 countries replied, and the following chart represents their consensus:
Before assessing the results further, it is important to take into account the following caveat:
These results should, however, be taken in the context of the global distribution of survey respondents. Roughly half of respondents are currently located in Europe, which may help explain the relatively high share of those selecting European cities for an international move. This compares to the just 10 percent of respondents from Asia. But an even smaller share —about nine percent—are currently located in the U.S., and just under two percent are from Canada. Those low percentages indicate that the countries’ popularity as work destinations is less skewed by relative locals willing to hop over borders, and more by their global attractiveness to international talent.
It’s also worth pointing out that the survey is skewed towards top talent and does not reflect the preferred destinations of the world’s populations broadly. Nearly one in four (23 percent) of respondents had master’s degree or postgraduate qualifications; 36 percent had bachelor’s degrees; and just 10 percent of respondents replied “none” or “other” when queried about their educational attainment.
All that said, perhaps it unsurprising that the world’s leading economic and financial hub, London, took the top place, followed by its equally weighty rivals of New York City and Paris. Most of the remaining top ten are made up of medium-sized cities best known for their quality of life rather than their business opportunities – only Singapore tends to rank as a powerful commercial center.
Indeed, the majority of the top thirty are comprised of cities that strike that vital balance of economic growth, sociopolitical stability, and cultural richness that most expats seek. As with any domestic career, most workers want to enjoy a health work-life balance made easier by good infrastructure, lots of recreational and leisure opportunities, and the like.
The study also revealed a lot of other interesting trends and motivations regarding the world’s increasingly globalized labor force. For example, while nearly two-thirds of respondents expressed a willingness to move abroad for work, this varied widely depending on where they currently lived and worked:
Workers from the U.S., U.K., Denmark, Germany, and Ireland, as well as Latvia and Russia, were among the least likely to move. But workers from the United Arab Emirates, Tunisia, Saudi Arabia, Pakistan, Jamaica, and surprisingly the advanced nations of France and the Netherlands were among the nations with the highest share of residents ready to move. The survey results don’t indicate why the latter two countries had such high percentages of pro-moving respondents, but it may be because highly-educated French and Dutch residents are likely to be attracted to global powerhouses like London and New York, which provide more opportunities for top talent.
Willingness to move abroad for work, however, is not always a good sign. In countries like Pakistan, the report found that 97 percent of residents said they would be willing to go abroad for work—in this case, an indication of just how many people are interested in escaping that nation’s troubled economy and political instability.
There are a lot of other factors at play in these trends, including sociocultural attitudes (many countries have a long and established history of emigration and travel, or have significant diaspora communities that make settling and working abroad easier). It is also no coincidence that many of the top cities chosen by workers (as well as the countries in which they are based) tend to be fairly cosmopolitan and multicultural places.
Of course, where one decides to work and live also comes down to personal preference, forces beyond one’s control notwithstanding. That said, where would you live and work if you could choose?