HSBC Publishes Expat Quality Of Life Report

By Fiona Moore, for 23 October, 2014

HSBC's Expat Explorer survey for 2014 has identified Switzerland, Singapore, and China as the best locations for living abroad, taking into account quality of life, financial well-being, and ease of raising a family.

Nearly 9,300 expats based around the world took part in the online survey, which was conducted by YouGov on behalf of the bank.

Respondents in Switzerland said that they enjoy high salaries, along with a good work/life balance. Three-quarters agreed that the air quality and their surroundings are better than they are at home, while the majority of expat parents in the country said their children are safer, enjoy a better quality of life, and are receiving a better education.

Meanwhile, nearly a fifth of expats in Asia said that they are currently earning more than USD200,000. This proportion reached 23 percent in Hong Kong and 38 percent in China.

The survey also found that many expats head to the Middle East to improve their career prospects. Nearly three-quarters of respondents in the region reported that they are satisfied with their host country's current economic outlook, which was the highest percentage for all regions in the survey. Bahrain also did well for quality of life, with 62 percent of respondents reporting a better work/life balance and 68 percent mentioning a more enjoyable commute.

The best place for raising children and for setting up a new life abroad was found to be New Zealand. Three-quarters said that locals are friendly, and 58 percent of expat parents said that they are bringing up more confident and well-rounded individuals.

Tags: Individuals | Finance | Bahrain | China | Singapore | Education | Hong Kong | New Zealand | Switzerland | Education | Employment | Expats | Personal Finance | Working Abroad | Welfare | Work | Working Abroad | Middle East | Education | Working Abroad |


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