Vancouver is the best city worldwide for startups, reveals PeoplePerHour

Vancouver skyline

With seemingly everyone wanting to disrupt or launch something these days (how different things were in the nineties, when we all had hobbies and adult learning to entertain us), where is best to start The Next Big Thing?

Vancouver, apparently.

The Canadian city ranked first in an index compiled by PeoplePerHour, who assessed locations worldwide on quality of life, cost of living, rent, office space, monthly salary, starting a business and best country for business.

The list shows that smaller cities have triumphed against “goliaths” like Singapore, London, New York, Tokyo and Paris, who all sit in the bottom half of the table (and will probably face relegation unless they become more affordable).

It confirms what many of us suspect: it’s easier to start a business when you’re not saddled with high living costs and rent.

Unsurprisingly, Berlin is best in Europe, Bangkok is top in Asia (though digital nomad hotspot Chiang Mai can’t be far behind), and Melbourne – which generally does well in quality of life surveys – is Australia’s highest showing.

And how about Manchester? A capital of creativity in England, the city came third – much like its football teams – well ahead of the swaggering UK capital:

1. Vancouver
2. Berlin
3. Manchester
4. Lisbon
5. Stockholm
6. San Diego
7. Bangkok
8. Melbourne
9. LA
10. Bangalore
11. Kuala Lumpur
12. Singapore
13. Istanbul
14. London
15. Sydney
16. Tel Aviv
17. Amsterdam
18. Miami
19. Athens
20. Moscow
21. San Francisco
22. NYC
23. Tokyo
24. Paris
25. Rome

Bermuda is the most expensive country in the world, says MoveHub

A beach in Bermuda

Bermuda is many people’s vision of marine paradise: deep blue ocean, sweeping beaches and shorts of the dazzling variety that became a 90s fashion trend. But it’s unlikely to attract digital nomads any time soon.

According to UK-based relocation website MoveHub, the Atlantic tax haven is the most expensive nation on Earth, putting it ahead of the likes of Singapore and Switzerland. And it’s capital Hamilton – not Hong Kong – that is the most expensive city in the world.

The priciest countries, as revealed by MoveHub, are in the following order:

  1. Bermuda
  2. Switzerland
  3. Hong Kong (not technically a country, but anyway)
  4. Iceland
  5. Singapore
  6. Norway
  7. Bahamas
  8. UAE
  9. Qatar
  10. Luxembourg
  11. US Virgin Islands
  12. Australia
  13. Denmark
  14. Ireland
  15. USA
  16. New Zealand
  17. Japan
  18. Kuwait
  19. Israel
  20.  Italy
  21. Ghana

MoveHub’s index was based on the cost of transport, dining, rent, grocery shopping and other factors, with New York as the benchmark (isn’t it always?).

Now I’m no economist, but I’m sensing a trend here. Most of the countries listed above are relatively small territories. Bermuda, Hong Kong, Iceland, and Singapore in the top 5 are tiny, and Switzerland doesn’t exactly stretch across timezones either. Also among the nations named are oil producers and tax havens.

And perhaps of interest to those affected by Brexit: the UK is ranked 29th worldwide in cost of living terms, coming well under expat favourites Hong Kong, Singapore, UAE, Australia, US and New Zealand. (And yes, I am surprised.)