Malaga voted by expats as the world's second best city to live & work

Raymundo Larraín Nesbitt, January, 8. 2022

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By Raymundo Larraín Nesbitt
Lawyer - Abogado
8^th of January 2022

In a 2021 survey carried out by InterNations, Malaga was voted by 12,000 non-residents, from 174 countries, as the world's second best city overall to live in as a foreign resident. Madrid was ranked number 10, and Barcelona a distant 29.

Malaga has become a very attractive place for foreign residents over the last decade for a number of reasons:

Its high quality of life
Its vast cultural offer (Picasso Museum, Pompidou Museum, Thyssen Museum, Saint Petersburg Russian Museum, etc)
Unmatched leisure & amenities options
Gorgeous weather (averages 330 days of sunshine a year with an average temperature of 17°C)
Great food
Friendly natives
And last but not least, ultra-low taxes. The steep drop in taxes spurred by its regional government (inheritance tax, income tax, property transfer tax, stamp duty, wealth tax, etc) making it de facto an area of ultra-low taxation

Málaga ranks third in the Getting Settled Index and first in the Friends and Socializing Subcategory, with 69 percent of respondents saying they find it easy to make new friends in the city (vs. 48 percent globally), and 78 percent saying they’re happy with their social life (vs. 57 percent globally).

Málaga also came first in the world in the Local Cost of Living Index, with 86 percent of foreign residents rating this positive. Those surveyed described locals, known as malagueños, as friendly (86 percent vs. 69 percent globally) and towards foreign residents in particular (82 percent vs. 67 percent globally).

We had published several articles over the last years reflecting such changes:

Buy your dream home in paradise: Costa del Sol – 21st January 2020

8 reasons to buy property on the Costa del Sol (Andalusia) – 8th April 2021

Andalusia lowers taxes including Property Transfer Tax and Stamp Duty in move that will boost the market – 28^th of April 2021

Malaga, Europe's Southern California – 5^th June 2021

Malaga, it’s the quality of life.

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