05 London
04 Shanghai
TOP 10 MOST LUCRATIVE CITIES FOR AUSTRALIAN BUSINESS
Seoul
NSW being the top performing Aussie economy , mostly due to Sydney ’ s financial services and Information and Communication Technologies ( ICT ) sectors , there will be several business opportunities between the two due to the Korea-Australia Free Trade Agreement ( KAFTA ). Korea is also already Australia ’ s third-largest trading partner . In addition , ANZ Bank opened a branch in Seoul back in 1978 , and today it offers a wide range of commercial banking services and products to support its international customers .
05 London
With a shared history and
Commonwealth , it ’ s no surprise Australia has done a lot of business with London in the past and will continue to do so in the future . Due to its transport connections to Europe and Africa , London is often the first choice of Aussie companies to expand to , as 26 per cent of Australian projects in Europe are based in London . In addition , the UK ’ s new entrepreneur visas make it easier than ever to move staff members to London , as they can also relocate on the UK Ancestry visa which allows them to work in the UK for five years with an option to become a permanent resident .
04 Shanghai
China ’ s largest city and a burgeoning global financial hub , Shanghai is among the top cities Aussies should want to do business in . With its favourable port location and economic potential , Shanghai has become one of the world ’ s fastest-
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