No Surprises: Buenos Aires and Montevideo were the highest ranked cities in South America.
While global mergers and acquisitions are based largely on perceived synergies and potential bottom line impact, a very human-oriented discussion typically emerges once the deal is done. Who do we send from the Home Office to manage the new foreign subsidiary? How is the quality of life there vis-a -vis the U.S.? And, of course, what is an appropriate compensation package for our soon-to-be expats?
Fortunately Mercer, a global leader in HR consulting, has the answers in their just-released 2010 Quality of Living Survey. Unlike the International Living index which focuses on variables important to retirees, the Mercer survey is designed to help multinationals fairly compensate their employees working abroad, and New York with a score of 100 is used as the base city.
The La Nacion headline came as no surprise to InvestBA readers: Buenos Aires, the best city to live in South America. In fact, out of 221 cities, Buenos Aires and our other local favorite, Montevideo, were ranked back-to-back at #78 and #79, the two highest ranking metros in South America, followed by Santiago (#90), Brasilia (#104), Rio (#116), and Sao Paulo (#117).
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Punta del Este & Uruguay Must Target More North Americans & Europeans
[...] This post was mentioned on Twitter by InvestBA, InvestBA. InvestBA said: Ranking RRHH: BA y Montevideo son las mejores ciudades para vivir en Sudamérica: http://bit.ly/9SN8nL #rrhh #buenosaires #montevideo #survey [...]
[...] five-year appreciation numbers are healthy and by no means shocking for a one of the most livable cities in South America which the Wall Street Journal recently described as “having its moment.” Furthermore, [...]
[...] And while the dollar may be taking it on the chin vis-a -vis the euro, the dollar is faring about 20% better versus the Argentine peso than one year ago. For those contemplating a longer-term stay, Buenos Aires and Montevideo, a market NuWire Investor recently described as “first world luxury with third world prices” are two of the most livable cities in South America. [...]