Talent & Investment: Buenos Aires amongst the top 50 cities in the world for talent and investment

Thursday 10 December 2020

According to the Global Power City Index 2020, Buenos Aires is one of the world's leading cities for attracting investment and creative talent in the world. The city leads the region, while London, New York and Tokyo are the most prominent globally.

Buenos Aires was ranked among the world's top 50 cities for investment and talent, according to the annual Global Power City Index report by the Tokyo-based Mori Memorial Foundation. The ranking classifies the most important cities based on their attractiveness to creative people and companies from around the world.

With a score of 861.2, Buenos Aires is the best city in Latin America, above São Paulo and Mexico City, and ranked 40th globally, in a ranking led by London, New York and Tokyo.

The index ranks 48 global cities according to six categories: Economy, Research and Development, Cultural Interaction, Quality of Life, Environment and Accessibility. Buenos Aires was included in the selection for the fourth year in a row. This year it surpassed major global cities like Tel Aviv and Johannesburg.

In terms of quality of life, Buenos Aires ranked 9th globally and is the only Latin American city in the top 10, beating London and Tokyo in a category that weighs up factors like safety, cost of living, working environment, well-being and comfort of living.

“Quality of life is a key factor in the competitiveness of Buenos Aires. This study confirms how attractive Buenos Aires is to talent and categories of workers such as 'digital nomads', who take advantage of today's remote working opportunities to choose the best cities in the world to spend considerable time in”, said Fernando Straface, Secretary General and Secretary for International Relations

In this edition, the Global Power City Index takes into the impact of the pandemic. New indicators included the availability of co-working spaces and speed of internet connection, important factors for remote working. Other issues, like satisfaction with urban cleanliness, air quality, flights and accessibility, and ease of getting around by bike or taxi, were also measured.

Buenos Aires also stood out as 15th in the "Cultural Interaction" category and 28th in "Environment". The former category comprises local tourism resources, the potential to set global trends, international interaction, the city's overall cultural offer and facilities for visitors, while the latter category is evaluated according to sustainability, air quality and the natural environment