The high quality of life in Austria is reflected by the low crime rate, the high level of social security and an attractive shopping and recreational infrastructure.
The selection of a business location is primarily based on the prevailing economic conditions. However, top performance can only be delivered if the Austrians feel at home in their working and living environment.
In the so-called reform agenda entitled “Austria 2025”, Karl Aiginger, Head of the Austrian Institute of Economic Research in Vienna, presents further economic policy improvements. For example, research should be carried out to ensure the more efficient use of all resources, especially renewable energy sources. Energy and resource consumption should no longer be linked to economic growth. Bureaucratic regulations must be reduced, and it should be made easier to establish companies. All these changes would ultimately have a positive effect on the quality of life in Austria and people’s satisfaction with it. The latest study for 2016 puts Austria in second place amongst all countries in the world in terms of its quality of life.
According to the most recent ranking of global cities, the “Quality of Living Survey 2016” carried out by the Mercer Group, Vienna is rated as the most livable city in the world.