To choose a city for living in or investing is not an easy task. There are many factors you should take into consideration: the population, infrastructure, the scale of the city, the political situation in the country, the per capita income and prospects. Here are the top 5 most promising cities in the world.
One of the most promising megacities of the world is Shanghai. This city is recognized as the best for investment among the cities of Southeast Asia. For several years, Shanghai managed to get around Tokyo, having established itself as a world and financial center. It is expected that by 2030 the net income of this Chinese city will overtake Tokyo and London, reaching $ 350 billion, while consumer spending will exceed the $ 250 billion.
Dubai is another flourishing metropolis. This city is recognized as the most modern in the Middle East. Today, GDP per capita is estimated at $ 24,866. Economists are advised to invest in real estate, explaining that Dubai is best place for long-term investments.
Kuala Lumpur is one of the 25 largest business centers in the world. Today in this metropolis actively develop the project Tun Razak Exchange, aimed at making Kuala Lumpur soon become a global financial center. Tun Razak Exchange (TRX) project is a key enabler to strengthen the position of Kuala Lumpur as the global city of choice. This crucial component of the Greater Kuala Lumpur initiative will help transform Kuala Lumpur into an international hub for economic and financial activities.
Johannesburg is considered to be the financial center of Africa. This metropolis demonstrates the highest yield from renting a home in South Africa. Johannesburg ranked the best in terms of airports, literacy and numeracy, GDP per capita, strength in financial services and its political environment. However, it ranked the worst with regards to diversity, population growth and its Gini co-efficient level and second to worst in terms of crime and road safety.
Mumbai is the biggest city in India. Today Mumbai is considered to be one of the most populous cities in the world. This modern metropolis is the financial heart of India. Here are located branches of almost every international companies. This fast growing city offer high skilled workers for every sector of the economy as well as great consumer demand. Because of these reasons Mumbai is one of the most sought after cities for investment in the world.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
