Expats Vote Spain The Best Place To Do Business

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Spain is the best country in the world for expats in business, according to a new survey of company chiefs.

The Mediterranean nation tops a list of 68 countries voted by CEOWorld magazine as the best – and worst – for doing business.

Spain deposed last year’s winner Canada at the top, with the North American country slipping to seventh place.

The poll picked out Finland and Portugal as places where expats were impressed with quality of life and the ease of relocating families.

Nigeria props up the table again – having taken last place in 2018 and between 2013 and 2016.

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Britain takes 24th place, up five places from 29th in 2018.

The survey asked 105,000 expats in business across 95 countries about their experiences overseas. Countries were scored and rated on six metrics –  career opportunities; earning potential; quality of life; ease of family relocation; ease of raising families and ease of settling in.

Expats were classed as employees of multinationals on assignment and independent workers living outside their home country.

Best countries for expats in business 2019

Rank Country Score Rating Rank 2018
1 Spain 84.7 AAA 2
2 Singapore 82.5 AAA 3
3 Switzerland 80.1 AAA 5
4 Japan 78.7 AAA 4
5 Taiwan 78.2 AA 7
6 Finland 77.8 AA 18
7 Canada 77.6 AA 1
8 United Arab Emirates 77.3 AA 6
9 Israel 75.8 AA 8
10 Portugal 75.2 A 12
11 Estonia 74.9 A 9
12 Australia 74.7 A 11
13 Germany 74.5 A 10
14 Costa Rica 74.1 A 22
15 Czech Republic 73.8 A 17
16 Austria 73.7 A 14
17 New Zealand 73.4 A 19
18 United States 73.2 A 15
19 Saudi Arabia 72.9 A 21
20 Netherlands 72.7 A 16

Source: CEOWorld

Worst countries for expats in business 2019

Rank Country Score Rating Rank 2018
59 Egypt 62.5 B 60
60 Peru 62.3 B 63
61 Brazil 61.7 B 62
62 Turkey 61.6 CCC 55
63 Malaysia 61.5 CCC 57
64 Romania 61.4 CCC 66
65 Slovakia 61.1 CCC 64
66 Belarus 60.7 CCC 65
67 Georgia 60.5 CC 67
68 Nigeria 59.8 CC 68

Source: CEOWorld

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