Expats Vote Spain The Best Place To Do Business

Lisa Smith, BA (Hons), CeFA
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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.

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

RankCountryScoreRatingRank 2018
1Spain84.7AAA2
2Singapore82.5AAA3
3Switzerland80.1AAA5
4Japan78.7AAA4
5Taiwan78.2AA7
6Finland77.8AA18
7Canada77.6AA1
8United Arab Emirates77.3AA6
9Israel75.8AA8
10Portugal75.2A12
11Estonia74.9A9
12Australia74.7A11
13Germany74.5A10
14Costa Rica74.1A22
15Czech Republic73.8A17
16Austria73.7A14
17New Zealand73.4A19
18United States73.2A15
19Saudi Arabia72.9A21
20Netherlands72.7A16

Source: CEOWorld

Worst countries for expats in business 2019

RankCountryScoreRatingRank 2018
59Egypt62.5B60
60Peru62.3B63
61Brazil61.7B62
62Turkey61.6CCC55
63Malaysia61.5CCC57
64Romania61.4CCC66
65Slovakia61.1CCC64
66Belarus60.7CCC65
67Georgia60.5CC67
68Nigeria59.8CC68

Source: CEOWorld

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