From the Partner's Desk
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Hamburg – Germany’s Most Liveable City

04/07/2024

Hamburg, Germany's second-largest city after Berlin, has long been celebrated for its unique blend of urban sophistication, natural beauty, and vibrant cultural scene. Let’s look at why Hamburg is considered one of the most liveable cities in the world and an excellent choice for relocation.

Global Recognition for Liveability
Hamburg consistently ranks high in global liveability indexes, earning a spot in the top ten of the world's most liveable cities. According to the Economist Intelligence Unit’s Global Liveability Report, Hamburg scored a perfect 100 for healthcare and infrastructure, 94 for culture and environment, 92 for education, and 90 for stability. It’s therefore not a surprise that Hamburg’s excellent quality of life has made it an attractive destination for expats and locals alike.

Economic Opportunities and Technological Innovation
Hamburg is not just a beautiful city; it's also a hub for economic and technological innovation. Known as Germany’s "Gateway to the World" due to its strategic port, Hamburg plays a crucial role in global trade and commerce. The city’s burgeoning tech scene is particularly noteworthy, with major players like Google, Meta, Freenet, and Xing establishing a significant presence here.

Moreover, Hamburg’s three accelerator schemes, focused on media, e-commerce, and logistics, are pivotal in fostering start-up growth.

Cost of Living and Salaries
While Hamburg is slightly more expensive than Munich, the cost of living is still lower than in cities like London. Renting an apartment in the city centre averages around €8.8 per square meter, while in the suburbs it’s about €5,635 per square meter. In terms of salaries, a good net income in Hamburg is between €3,000 and €3,500 per month, which is sufficient to cover living expenses and leisure activities.

Education and Public Transport
Hamburg’s education system is highly regarded, offering a mix of local and international schools to cater to diverse educational needs. The city's well-developed public transport system includes the U-Bahn, S-Bahn, extensive bus services, and ferries, ensuring easy and efficient travel across the city.

Cultural and Recreational Activities
Hamburg is rich in cultural and recreational activities. From the Elbphilharmonie concert hall to the vast Planten un Blomen park, the city offers numerous attractions. Historical sites like the Spicherstadt warehouse district and the Kunsthalle Hamburg Art Museum provide endless opportunities for exploration.

Sustainability and Future Growth
Hamburg’s commitment to sustainability is evident in its urban development projects and focus on renewable energy. The HafenCity project, for example, is transforming a historic port area into a modern, eco-friendly urban space. The city’s push towards becoming a green hydrogen hub further underscores its dedication to a sustainable future.

Hamburg’s combination of economic vitality, cultural richness, excellent healthcare, and commitment to sustainability makes it one of the most liveable cities in the world. Whether you're considering relocating for work, study, or lifestyle, Hamburg offers an unparalleled living experience, making it a prime destination for individuals and businesses.