Singapore is the best overall destination for expatriates, according to research by HSBC.
Its 2016 Expat explorer report, which surveyed 26,871 expatriates in 45 host countries, also found that 62% of respondents who move to Singapore experience an increase in earnings.
The research also found:
- 67% of respondents receive benefits as part of their expat package, with Saudi Arabia (95%), Egypt (94%), Oman (94%), Kenya (93%), and Qatar (93%) in the top five destinations for benefits.
- 56% of respondents have more disposable income after moving abroad to work, and 53% are able to save more of their income.
- 52% of respondents believe their quality of life has improved upon moving abroad for work.
- 40% of respondents feel that moving abroad has accelerated their progress towards saving for retirement, and 41% say the move has helped them save towards buying a property.
- 49% of millennial respondents feel more fulfilled at work abroad than in their home country.
- 66% of respondents based in Singapore believe it offers a better quality of life than their home country.
- 73% of respondents who move to Switzerland have more disposable income there than in their home country, and 71% are able to save more of their income.
- 73% of respondents who move to New Zealand to work believe their quality of life has improved.
The top 10 best overall destinations for expats are:
- Singapore
- New Zealand
- Canada
- Czech Republic
- Switzerland
- Norway
- Austria
- Sweden
- Bahrain
- Germany
"Most expats also find that their quality of life has improved since making the move and that they are integrating well with the local people and culture.”