Singapore tops HSBC list of best expat destinations 2017 - again

Singapore tops HSBC list of best expat destinations 2017 - again”

For the third year in a row, Singapore has topped HSBC's Expat Explorer report as the best destination in the world to live, work and raise a family overseas - ahead of Norway and New Zealand, which followed at second and third places respectively.

The Expat Explorer has surveyed thousands of expats from almost 100 countries for nine years to determine the most suitable country for foreigners to live in. Four in ten (41 per cent) expats adopt a more positive outlook on life after moving overseas, with 44 per cent becoming more physically active.

Three quarters of the expats surveyed noted that they have better earnings potential here than in their home country, with a whopping 42 percent increase in their annual income since their relocation.

Among those who do make the leap, 41 per cent said they've adopted a more positive outlook on life and 44 per cent said they're more physically active. Nearly 90 per cent of this group think childcare here is more expensive than at home, though 26 per cent of expats here feel Singapore offers an excellent education system, compared with only 10 per cent of expats across the survey.

For the first time, the survey also looked into Singaporean nationals' motivations for living overseas.

With 83 per cent of expats in Singapore expressing confidence in the country's political stability, 73 per cent confident in the local economy, and 64 per cent saying that their quality of life has improved since moving, Singapore promises the most successful transition for expats.

Singapore saw off competition from Norway, which rose four places to come second.

Furthermore, 82% of expat parents say that their children's overall quality of life is better than at home, compared with 59% globally.

Claiming the top spot for the third year straight, Singapore has been rated a better destination than the likes of Norway (#2), New Zealand (#3), Germany (#4) and the Netherlands (#5).

'However, becoming an expat is not without its challenges. "Living across global borders can make securing their financial well-being harder", said Mr Mathur.

The report also found that investing in property is particularly popular among expats in Singapore, Hong Kong, the United Arab Emirates and Britain, home to some of the most expensive property markets in the world. The majority, some 90% of expats in Norway say that their work/life balance has improved and 78% that the job security is better than at home compared with 53% and 41% globally. Whatever their priorities are, financial planning can help them get there, ' he added.

Like this


28 September 2017
Hefner, founder of Playboy magazine dies at 91
He has four children, Cooper Bradford (1991), Marston Glenn (1990), David Paul (1955) and Christie Ann (1952). The first issue of Playboy hit newsstands in 1953 and featured a nude calender photo of Marilyn Monroe.

28 September 2017
'Rent' Live Musical on Fox Gets a January 2019 Premiere
A film version was made in 2005 starring numerous original cast members, including Idina Menzel , Anthony Rapp and Adam Pascal. The Pulitzer Prize-winning musical from the late writer/composer Jonathan Larson celebrates its 20th anniversary this year.

28 September 2017
D-backs rally behind Martinez homer for series win
Daniel Descalso jogged home with the winning run on Peralta's walk for the Diamondbacks' ninth walk-off win of the season. First pitch is set for 12:40 p.m., with pregame coverage beginning at noon on 98.7 FM, Arizona's Sports Station.

28 September 2017
Action Your Name Film In the Works From JJ Abrams, Arrival Writer
When such a work is imbued with Hollywood filmmaking, we may see new possibilities that we had been completely unaware of. Oscar-nominee Eric Heisserer ( Arrival ) has been tapped to write a script for a live-action movie.

28 September 2017
Trump says United States 'totally prepared' for military option in North Korea
Air Force is a supersonic aircraft, and it's unclear if Pyongyang has any capacity to down such an advanced jet. Trump added North Korea to the list of countries in the new travel ban order announced on Sunday.

28 September 2017
$0.29 EPS Expected for Comtech Telecomm. Corp. (CMTL)
Punch & Associates Investment Management Inc. holds 0.49% of its portfolio in Simulations Plus, Inc. for 424,900 shares. The Company sells products to a diverse customer base in the global commercial and government communications markets.

28 September 2017
'Cannibal Couple' Accused of Killing, Eating Up to 30 People
Citing local media, the BBC reports that they admitted to having killed as many as 30 people. Once there, investigators believe the couple drugged their victims before killing them.

28 September 2017
Atari Shares More Details About Forthcoming Ataribox System
The machine will be capable of running PC games, streaming, running apps, browsing the internet, playing music, and more. Ataribox has a unique modern design, influenced by iconic Atari products such as the Atari 2600.

28 September 2017
I'm exhausted of fans' criticism - Cristiano Ronaldo
The 32-year-old's domestic return has not gone as planned as he is unable to net in two La Liga games since retun from suspension. It's a question that the president of the club might be able to answer better.

28 September 2017
Louisiana woman killed by ex-husband in brutal ax attack, police say
Doran says the suspect, 56-year-old Mark Owens, waited to ambush his ex-wife, 48-year-old Kimberly Owens. He and his ex-wife have one son together and have reportedly been involved in an ongoing dispute.