FX.co ★ World’s 6 best cities for business

New York, US

According to analysts, New York is the world's top financial center. It is one of the most influential cities in the world characterized by financial strength and robust business activity. The metropolis houses such financial institutions as the New York Stock Exchange (NYSE) and the National Association of Securities Dealers (NASD). Being a center of gravity for large banks, stock brokers, and insurance companies, these organizations play a crucial role in the global economy. New York has offices of such global financial giants as Goldman Sachs, Citigroup, JPMorgan Chase, and Morgan Stanley. It is a diverse and dynamic metropolis, full of business opportunities. Its rich history and the presence of important financial institutions make it one of the most appealing business cities in the world.

London, UK

The title of a leading metropolis and a global hub of business and commerce goes to London. It is one of the world's top financial centers attracting entrepreneurs and investors from all over the world. London is known for its reliable banking institutions, brokerage firms, and large stock exchanges. Its developed financial sector makes the metropolis a lucrative destination for business development and investment. The City is London's major financial district, which is home to the headquarters of many international financial institutions. In addition, it is considered the heart of global trade. The largest international financial transactions are carried out in the capital city of the United Kingdom. London hosts a huge number of foreign specialists and deservedly ranks second among the world's leading business cities, providing ample opportunities for businesses to grow and succeed.

Tokyo, Japan

Tokyo, an innovation hub of the Asia-Pacific region, ranks third. It is one of the largest megacities in the world that boasts a highly developed business sector, innovative enterprises, and technology startups. One of the key factors contributing to its successful development is the unique combination of traditional Japanese culture and modern technology. Tokyo is home to a large number of businesses involved in groundbreaking technologies. National automobile companies such as Toyota and Honda play an important role in the development of the innovation sector. Tokyo is also known for its startups and offers special programs to support them, including financial assistance, incubators, and innovation centers. The metropolis has many cutting-edge research centers such as the University of Tokyo and the National Institute of Informatics, where entrepreneurs and researchers can develop and implement their projects.

San Francisco, US

Most analysts consider San Francisco a magnet for IT specialists and entrepreneurs. It is one of the most promising business cities in the world, located in the center of Silicon Valley, a region with a large number of successful innovative technology companies. Silicon Valley is one of the top destinations for entrepreneurs and developers from around the world. San Francisco is home to giants such as Apple, Facebook, Google, Twitter, Airbnb, and others. People of different nationalities and cultural traditions live and work in San Francisco, which is why unique business projects are realized here faster than in other cities. Experts call it a hub for innovative ideas and solutions. Business and culture are organically combined here, which creates an environment conducive to successful entrepreneurship and innovation development.

Shanghai, China

Shanghai is rightly regarded as the most thriving economic center in the Asia-Pacific region. It is one of the largest cities in China characterized by buoyant economic dynamics. Shanghai hosts a great number of international and domestic corporations, banks, and financial institutions. The city is also known for its high-tech industries, including information technology, automotive industry, biotechnology, and others. Experts consider this metropolis to be one of the biggest financial centers in Asia. Pudong, a modern district of Shanghai, is a financial and commercial hub. Shanghai offers a wide range of business and investment opportunities. It is a dynamic and innovative city with a favorable environment for business development. The presence of a highly skilled workforce makes Shanghai an attractive destination for investors and positions it as a finance-friendly city.

Singapore

Singapore rounds out the top 6 cities most suitable for doing business. Many experts call it the main gateway to the largest Asian markets. It is one of the most important and wealthiest centers in the Asia-Pacific region. The city has long earned a reputation as a business and financial hub. Singapore has many advantages that make it attractive for international entrepreneurs. Among them are political stability and low levels of corruption, which create a favorable business environment. In addition, the government of Singapore offers several incentives to promote entrepreneurship in the country, including low tax rates for international businesses. Also, Singapore has a well-developed infrastructure suitable for doing business. The metropolis is home to a large number of startups and foreign companies such as Google, Microsoft, and others. Thanks to its conducive environment for business and unwavering commitment to technological advancement, Singapore continues to develop and attract substantial foreign investment.