Vienna is not just a city that offers exceptional quality of life, it is also a base for countless international organizations and companies. The UN made the Austrian capital one of its four headquarter cities, it is home to 25 international organizations (including the IAEO and OPEC). In all, these international organizations employ more than 6,000 people in Vienna. In addition, more than 200 multinational corporations take advantage of Vienna as an ideal location for servicing Central and Eastern Europe.
The city's high quality of life and safety are reasons why international companies and organizations choose Vienna as a location to do business. The multinational flair contributes to Vienna being highly regarded around the world by congress organizers and participants alike. More than 4,600 congresses and corporate events, which generated a total of 1,925 million overnight stays in 2018 alone, speak as clearly as the ranking of the ICCA (International Congress and Convention Association). In 2018, Vienna came in second place after Paris.
The international character of the city is based on its openness to the world – which in turn finds its foothold in the multicultural composition of Vienna's population. Vienna is currently a home and place of employment for people from all parts of the world, around one third of Viennese were born outside Austria and almost 40% of the 1.9 million residents have a "migrant background" – in other words, either they themselves were born outside of Austria or have at least one parent who was born elsewhere.