Lisbon rises in the ranking of the best cities to attract companies

The Portuguese capital once again rises among the better destinations for foreign companies to relocate their operations and employees. And it stands out in security.

Another year, another step. For three years, Lisbon has risen in Mercer's ranking of most attractive cities - and therefore also of the cheaper ones - to place employees working on the foreign operations of companies. The Portuguese capital is ranked, this year, on the 37th spot, a place above 2018, of the consultant's list that serves as a reference for multinationals and international organizations when it comes to calculating the compensation for displaced personnel. The improvement has been constant since 2016, the year Lisbon was 42nd on the list.

The Mercer data, released on Wednesday, maintains the Portuguese capital ahead of major European capitals such as Paris (39th), London (41st), Madrid (46th) or Rome (56th). The list has been headed by the Austrian capital Vienna for a decade, and is dominated by cities in Germany (five cities in the first 20 positions), Switzerland (four), Canada (three), Australia (two) and New Zealand (two). Baghdad, in Iraq, has the worst quality of life.

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