Expat Explorer Balancing life abroad. Global Report

Transcription

1 Expat Explorer Balancing life abroad Global Report

2 Contents 4 Foreword 6 Key findings 8 Expat Explorer overview Economics Experience 3 Family 4 Country reports 44 Argentina 46 Australia 48 Bahrain 50 Brazil 5 Canada 54 China 56 France 58 Hong Kong 60 India 6 Indonesia 64 Malaysia 66 Mexico 68 New Zealand 70 Saudi Arabia 7 Singapore 74 Switzerland 76 Taiwan 78 United Arab Emirates 80 United Kingdom 8 United States 84 Practical steps towards a balanced expat life 86 The research Expat Explorer Balancing life abroad 3

3 Foreword by Dean Blackburn, Head HSBC Expat Living abroad can be an exciting, challenging and occasionally daunting adventure. It provides an opportunity to reale ambitions, develop a career and build a new life and a family home in an unfamiliar, but ten rewarding environment. As global mobility increases, expat life becoming more attainable more people. International companies continue to develop ir business overseas and ten fer ir employees a secondment opportunity, while fast-growing and diverse economies attract people to new, exciting lives abroad. At same time, technology has made it much easier to keep in touch with friends and family from or side world. Regardless where y choose to move ir adventure, expats are seeking a balanced experience in ir new home. Th report, Balancing life abroad, looks at th me in detail. What it shows that rar than aiming purely higher wages or instant career success, many expats move to improve ir quality life, seek a personal challenge or learn new skills. It th combination factors that guides many lifestyle choices expats make when settling in anor country. Th evident among first-timers, who are heading abroad determined to improve ir life as well as ir career. It also true retired expats, who quickly become active members ir new communities and enjoy integrating into a new culture. Few people who live abroad do so without carefully considering ir options, and th desire relevant inmation one reason we publh Expat Explorer. Balancing life abroad eighth report in series and includes responses from,950 expats across world our largest survey expats ever. It contains ir views on topics including managing finances, career progression, culture y experience and quality life ir children. Covered in depth in th report, findings are also available online to help current and future expats understand latest views on life abroad, find out more about 39 popular expat destinations and easily compare m. The research used to create country league tables covering three aspects life abroad: Economics, Experience and Family. Combining se factors, Singapore emerges as best place overall to live and work as an expat. People who live re prae Singapore as a true all-rounder. Its streets are safe, job opportunities are plentiful, wages are high and it fers plenty to see and do. Career progression remains important to many people and ambitious expats should consider Switzerland, which ranked as best place Economics. Meanwhile New Zealand ranked first Experience and Sweden number one Family. Whatever ir motivation living abroad, I hope findings in Balancing life abroad give expats an inmative insight into places where y live or want to live. Thank you to everyone who has taken time to share ir views with us. 4 Expat Explorer Balancing life abroad 5

4 Key findings 6 Singapore ranks first in overall Expat Explorer league table, providing strong opportunities career progression and a stable economy. Overall, 67 say ir quality life better in Singapore than it was at home. Expats are moving abroad to improve ir quality life and take on new challenges, rar than purely higher salaries. Their appetite learning new skills in a eign workplace and how to integrate into a new culture are two examples th. 7 Expat employee benefits vary greatly across world, but expats in Middle East enjoy some most generous employment packages. More than half (5) expats globally have health and medical benefits, but only a third (33) receive accommodation allowances, compared to 60 expats living in Middle East. Expats rank South East Asia as best place career satfaction, with four top five destinations ( Philippines, Malaysia, Indonesia and China) rated by expats on th sue located in region. Nearly three-quarters (74) expats globally find at least one aspect managing money abroad a challenge. Nearly two in five (37) expats identify managing finances in different currencies as a key challenge most common financial problem faced Expats living abroad because ir partner accepted a job are leading independent, active social lives. 54 believe move has brought m closer toger in ir relationship, compared to 3 who say th not case. 5 0 Globally, expats say cities London, Dubai, Singapore and Hong Kong are four best places in world to start a business, due to ir strong economies, culture and business environment which attract world s expat entrepreneurs. Nearly four in five (77) expats are confident about Switzerland s economy and 53 say it a good place career progression. These are two reasons why country ranks first in Economics league table. New Zealand ranks first in Experience league table and 77 say ir overall quality life better since moving re. Expats enjoy outdoor lifestyle and sporting culture country and 57 say y have become more physically active living re. Sweden s family friendly culture and respected schools help country rank first in Family league table. The quality childcare better than at home according to 79 expat parents, while country also excels at bringing expat couples closer toger. Which expats took part in survey Gender 44 Female 56 Male Age Top occupations Finance Education 5 Media Expat Explorer Balancing life abroad 7

5 Expat Explorer Overall league table The Expat Explorer league table ranks each country or territory based on a score that summares expats overall views that destination. The Expat Explorer score average Economics, Experience and Family scores, covering 7 key questions from survey. Furr details methodology th league table can be found in The research section at end report. Country Expat Explorer overall Rank Economics Experience Family Score Rank Score Rank Score Rank Score Singapore New Zealand India Czech Republic Mexico Malaysia Thailand Qatar United Kingdom Japan Vietnam Sweden Saudi Arabia Bahrain Germany Canada Australia Taiwan China Philippines France Belgium Ireland United Arab Emirates South Africa Switzerland Hong Kong Nerlands Spain Oman Russia Indonesia Kuwait Argentina Turkey Egypt Italy United States Brazil Scores are rounded to two decimal places in league table 8 Expat Explorer Balancing life abroad 9

6 Singapore takes crown as best place to live and work Fitter, smarter, happier: expats look beyond financial rewards Singapore emerges as best place overall expats to enjoy an excellent quality life, financial wellbeing and improved career prospects. Expats highlight its safe environment, confidence in local economy and quality life ir children as some best reasons to live re. Singapore attracts expats looking to learn new skills and earn higher wages. Nearly three in five (59) expats say citystate a good place career advancement, while 53 say chance to acquire new skills at work better than at home (only dagree with th view). Nearly a third (30) expats in Singapore work in banking, insurance or financial services, reflecting its place as one major financial hubs in Asia. Although living in country expensive, expat earnings are high: an average expat salary USD59,000 p.a. puts country well above global average USD04,000 p.a. As a result, nearly two thirds (65) expats enjoy a greater level dposable income than at home, while 60 are able to save more, compared with only 6 who say y save less. In addition to financial gains, Singapore one best destinations quality life. Over two thirds (67) expats say y have enjoyed a re in ir quality life since moving (compared with global average 53). Exerce one reason th improvement, as 55 expats have become more physically active since living in Singapore. Watersports, team games like rugby and even a Snow City fer ways to stay active. Expat parents say re are clear benefits ir families, with almost two thirds (65) stating ir children s health and wellbeing has improved since moving (compared with global average 48). The vast majority (87) expats prae Singapore s level safety. New Zealand, Sweden, Bahrain and Germany are or countries ranked by expats in top five overall destinations. Expats in each se destinations say y are a good place to rae a family and Sweden ranks first in Family league table. Germany, Sweden and Bahrain rank in top ten countries Economics, while New Zealand ranks first Experience. Expats priorite improving ir life and finding a new challenge, rar than looking a quick salary increase from ir move abroad, according to findings in Balancing life abroad. Expats see ir overseas adventure as a long-term investment in ir health, skills and life experience. As a result, moving to improve job prospects only third most important reason becoming an expat, followed by being sent by an exting employer and moving better climate. Globally, over three in five (6) expats admit y have not experienced an immediate increase in ir pay packet since ir move. Instead, y Why expats decided to move to ir host country are pursuing a better life with 53 enjoying an increase in ir quality life as a result moving and a furr 6 seeing it stay same. Moving abroad also about learning new skills and embracing new cultures, according to expats. Only 4 struggle to integrate into ir local community and just fail to immerse mselves in ir new culture. Learning to speak local language anor key part acclimating something 63 expats have done. Finding fulfilment at work anor strong me. Nearly half (48) find ir work more 37 To have a new challenge 37 To improve my quality life 6 To improve my job prospects 6 I was sent by an employer fulfilling overseas than at home and only 3 dagree. While abroad, 43 expats are picking up new skills too, as a result ir exposure to a eign work environment. Finally, expats see an improvement in ir physical condition and in ir relationship with family. Almost half (44) expats are more physically active as a result move, with an additional 30 still as active as at home. And expats with partners, 49 say journey overseas bringing m closer toger in ir relationship, compared to only 8 who dagree. 59 What expats say about living in Singapore 5 For better climate Their quality life better living re Their children s health and wellbeing better It a good place expats to progress ir career Q: Thinking why you moved, which following apply to you? Please select all that apply. (Base: All respondents) 0 Expat Explorer Balancing life abroad

7 Economics Expat Explorer Balancing life abroad 3

8 Economics League table India The Economics league table ranks each country or territory using a score that summares expats views on nine key questions. Three se questions concern an expat s personal finances ( example, ir earning prospects); a furr three cover views on local economy ( example, how easy it to start a business in country); and final three cover an expat s working life ( example, prospects career progression). Furr details methodology th league table can be found in The research section at end report. Country Economics overall Personal finances Local economy Working life Switzerland Singapore Germany United Arab Emirates Rank Score Rank Score Rank Score Rank Score Qatar Taiwan United Kingdom Czech Republic Vietnam Kuwait Russia Belgium Malaysia Mexico Japan Indonesia Sweden Ireland Saudi Arabia Thailand Bahrain Oman Hong Kong Philippines France Egypt Canada South Africa China Turkey United States Spain Nerlands Australia Brazil Argentina New Zealand Italy Scores are rounded to two decimal places in league table 4 Expat Explorer Balancing life abroad 5

9 Top destinations fulfilling expat careers Managing money as an expat Expats looking a satfying, fulfilling place to work should head to South East Asia as four top five destinations rated by expats work satfaction are in region. The majority expats living in Philippines (57), Malaysia (55), Indonesia (54) and mainland China (53) all say y have found ir work to be more fulfilling since relocating, compared with less than 5 in se countries who say opposite. One reason th how easy expats find it to fit in with ir local colleagues, with around two thirds expats in Philippines (65) and Indonesia (6) saying y are integrating well with local community. If South East Asia stands out collectively, Russia stands out individually. The country has highest rating by expats as best place to learn new skills. It also home to most fulfilling expat jobs. Nearly half (45) expats in Russia prae work culture, compared to only 0 who say it worse than at home. In addition, 57 say it took m less than a year to feel at home compared with 48 globally. Learning local language key to successfully integrating in Russia. Over seven in 0 (7) expats in country are learning and using Russian during ir time re, compared with 55 expats globally who are learning ir new local language. Everyday responsibilities such as paying bills and saving retirement can be made more challenging by expat life, as se tasks can involve multiple currencies across different countries. As a result, nearly three-quarters (74) expats feel at least one aspect ir finances has become more complex since moving abroad. For some expats, managing ir money a particular challenge. Nearly a third (30) globally say that ir finances have become more complex overall since moving abroad and th especially true expats living in Brazil (44), India (4) and Japan (4). Common challenges faced include dealing with finances in multiple currencies (37), a more complicated tax situation (7) and moving money between countries (). Expats on higher incomes face more a challenge managing ir money across borders. Nearly half (46) expats earning over USD50,000 p.a. say ir finances have become more complex overall since moving abroad, far above global average 30. Dealing with multiple currencies biggest challenge 65 th group. Managing money not universally difficult across world. Expats in Eurozone, Middle East and Far East say organing ir finances relatively easy. In Bahrain example, only 6 expats say ir finances have become more complex overall, and just 7 say ir tax situation more complicated living in country. In Hong Kong, expats are confident about managing ir finances. Only around one in 0 () believe managing ir money more restrictive in Hong Kong than at home (compared with global average 6). Likewe, 5 say y do not understand financial leglation in Hong Kong, compared to 0 expats globally. These are both reflections its status as world s most liberal economy, according to Heritage Foundation. What expats say about working abroad Country Global average Work more fulfilling The chance to acquire new skills The impact living abroad on expats finances say dealing with finances feel at least one aspect ir finances has become more complex living abroad in multiple currencies a common challenge Russia 6 6 Philippines 57 4 Malaysia 55 4 Indonesia China Q: Are following aspects work in your host country better or worse than in your home country? If you don t work we are interested in your perspective th as an expat. A: How fulfilling your work (Base: All respondents) A: The chance to acquire new skills (Base: All respondents) 6 Expat Explorer Balancing life abroad 7

10 80 or more expats think se cities are a good place to start a business The Middle East fers most desirable packages expats Expat entrepreneurs drawn to world s financial hubs The financial hubs London, Dubai, Singapore and Hong Kong provide perfect foundations ambitious entrepreneurial expats. Business conditions are good, while entrepreneurial environment in se cities creates a better work/life balance expats. Wher it down to having second best broadband speed in world (Hong Kong), world s biggest airport hubs (London and Dubai) 3 or a regulatory environment which allows you to start a small business in only a few days (Singapore) 4, se cities enable expat entrepreneurs to set up and succeed. 87 expats (who have an opinion on viability starting a business in country) say Singapore a good place to start a business, followed by Dubai (86), Hong Kong and London (both 85). Th compares with global average 56. Unsurpringly, economic strength an important consideration entrepreneurs. In Singapore and Hong Kong, expats report high optimm about ir economic prospects, with 78 and 60 respectively saying y are confident about local economy. Th compares with global average 48. The results support view from World Bank 5 that Singapore and Hong Kong rank as first and third places in world ease doing business. London perfect place entrepreneurs looking to broaden ir skills. More expats in London say move re helped m learn new skills than any or location (64 compared with global average 43). In Dubai, re are twice as many entrepreneurial expats as global average (9 compared with global average 4), with 56 attracted by ir confidence in economy. Over two thirds (68) also say Dubai fers political stability, providing furr benefits those who want to run ir own business. Wherever entrepreneur expats decide to run ir own business, doing so does not seem to significantly affect ir work/ life balance. In fact, majority (58) who move to start a business are more likely to report an improvement in ir work/ life balance, compared with 50 all expats, and 57 say y are more fulfilled than y were bee moving. Long known as a destination economic and career prospects, Middle East leads way in fering high salaries, generous employee benefits and material incentives. A third (33) expats living in region are on permanent expat contracts, which typically fer se types benefits, compared to global average. For expats considering a move to Middle East region, three key contractual benefits are fered to more employees re than in or expat destinations. Health and medical allowances (70), annual trips home and airfare allowances (67), and accommodation allowances (60) are all far more likely to be fered as part expat contracts in region than in any or part world. In Oman, 80 expats are given airfare allowances trips home. Th compares to just 33 expats globally who receive th benefit. In Qatar and United Arab Emirates, 75 and 55 expats respectively say y enjoy an accommodation allowance (compared with global average 33). Th helpful given that majority expats in United Arab Emirates (79) and Qatar (70) say cost housing higher than in ir home country. For expats living outside Middle East, contractual benefits in ir packages are less common, though not unusual. Globally, more than half (5) expats receive health and medical allowances and over a fifth () enjoy a relocation allowance. Outside Middle East, expats prae or aspects ir employment. In Australia, New Zealand and Ireland, contracts without se types benefits are common. Only 0 expats in Ireland receive a relocation allowance, while expats in Australia receive money shipping personal effects (compared with 3 expats globally). In place se benefits, expats highlight ability to learn new skills at work and a strong sense job satfaction. For just over three in five (6) expats in Australia, work/life balance better than at home (compared with global average 50), while 79 expats in Ireland feel work culture better or as good as at home (compared with global average 67). Benefits expats in Middle East receive from ir employer data.worldbank.org/indicator/ic.bus.ease.xq/countries/w health and medical allowances 67 permanent expat contract 8 Expat Explorer Balancing life abroad annual trip(s) home / airfare allowances 9

11 Career progression and fulfilment on fer expats in Switzerland Expats find work/life balance in Europe Switzerland ranks first in Economics league table, as it fers expats opportunity to experience career success and high salaries in a well-balanced, appealing environment. Unlike some or countries in Europe, Switzerland has a low and stable unemployment rate 6. Expats have a high level economic confidence about country, with over three-quarters (77) saying y are confident about local economy, compared with global average just 48. A thriving centre business, 53 expats say Switzerland a good place career progression (compared to global average 4). In addition, 5 say ir work more fulfilling than back at home, whereas only 9 say opposite. Expats can also improve ir financial wellbeing by living in Switzerland. There are three main financial benefits according to expats living in country; receiving a higher salary than at home (expats earn over USD80,000 p.a. on average), enjoying greater dposable income and being able to save more. Expats say life about more than just salary in Switzerland. Seven in 0 (70) expats report an overall improvement in ir quality life after moving re (compared with global average 53). The financial benefits expats living in Switzerland Despite number career-driven expats going to Switzerland, many find it relatively easy to strike a balance between work and life. Around three in five (59) report a better work/life balance after moving to country and only 8 say opposite, meaning expats can advance ir careers without sacrificing ir social or family life. The European economies Germany, Sweden, Nerlands and Switzerland top career rankings, fering a balance career advancement and job security without making expats comprome on ir home life. That balance reflects a common trait in se countries a rewarding but stable work environment, while Sweden and Nerlands rank second and fifth ir willingness to embrace diversity in workplace. Economic confidence strong in se countries. Over four in five (8) expats in Germany are confident about local economy, a country with strong financial and manufacturing industries. Economic confidence also strong in Switzerland (77) and Sweden (67) compared with 47 in Europe as a whole and 48 globally. Strong economies mean good career prospects and Switzerland and Germany stand out as locations career progression in particular. Around half (53 and 49 respectively) say ir career has progressed quicker since moving re, compared with global average 4. In se countries, most expats are on local employment contracts, with 78 expats in Sweden using th type contract, more than anywhere else in world. Likewe, 68 expats in Germany, 65 in Switzerland and 6 in Nerlands are on local contracts, all above global average 54 The benefits working in se countries do not come at expense an expat s personal life, as each se destinations ranks in top five countries globally best working culture. In Sweden example, those working in country can regularly work from home and adjust ir working hours to suit ir lifestyle. 7 As a result, 7 expats in country say work/life balance better than in ir country origin and 67 say same about working culture, compared to global averages 50 and 39 respectively work.sweden.se/living-in-sweden/swedh-business-culture/ 39 Switzerland Global average Have more dposable income Earn a higher salary Able to save more 7 Q: Do you have less, about same or more dposable income in your host country? Q: Thinking about career prospects expats in your host country, which, if any following statements do you agree with? A: I earn more than I would in my home country. (Base: All respondents) Q: Are you able to save less, about same or more in your host country? expats in Sweden say ir work/life balance better 0 Expat Explorer Balancing life abroad 6

12 Experience Expat Explorer Balancing life abroad 3

13 Experience League table The Experience league table ranks each country or territory using a score that summares expats views on nine key questions concerning experience y have in ir adopted country. Three se questions cover an expat s lifestyle ( example, ir quality life); a furr three look at people around m ( example, how easily y integrate with local people); and final three concern ease setting up ( example, finding accommodation). Furr details methodology th league table can be found in The research section at end report. Country New Zealand Experience overall Rank Lifestyle People Setting up Score Rank Score Rank Score Rank Score Spain Singapore Australia Taiwan Malaysia United Arab Emirates Italy Czech Republic Turkey Vietnam United States United Kingdom South Africa Switzerland Philippines Ireland Canada Nerlands Bahrain India Thailand Argentina Mexico Indonesia Oman Belgium Hong Kong Qatar Germany Saudi Arabia Japan France Sweden Russia China Brazil Egypt Kuwait Scores are rounded to two decimal places in league table 4 Expat Explorer Balancing life abroad 5

14 When do expats feel like locals? First-time expats rewarded going abroad Becoming an expat first time can be exciting, full challenges and above all rewarding. Making first move abroad more likely to be people s own decion, rar than ir employer s, while reasons going suggest expats want to improve ir own lives in one way or anor. Unlike expats who have spent time living abroad bee, firsttimers are less likely to have moved because y were sent by ir employer. Only first-timers go abroad th reason, compared to 0 repeat expats. Career development important th group expats. They are just as likely to move abroad to improve job prospects and seek new challenges as repeat expats, even if that opportunity not presented by ir employer. However, y are more likely to move abroad to improve ir quality life. Over two in five (4) go abroad th reason, compared to just 33 repeat expats. First-time expats are rewarded ir decion both in terms ir career development and ir experience living overseas. Nearly half th group (45) say ir new country has given m a chance to learn new skills, compared to just who dagree. Likewe, 47 find ir work more fulfilling, compared to only 4 who dagree. For first-timers who are focused on experience rar than finances, better work/life balance welcome. Over half (5) agree th balance better than in ir home country, compared to only 3 who say opposite. While popular destinations first time living as an expat include expat hubs United Kingdom, United Arab Emirates and Abu Dhabi, firsttimers experience little difficulty settling in. Indeed, y are better at taking opportunity to experience a whole new culture than repeat expats in many ways. For example, more first-timers (63) say y have integrated well with local people and culture than repeat expats (58). Th also true attitudes to ming friendships. Only 38 say y sociale more with expat friends than locals, compared to 46 repeat expats. Ultimately, re are two rewards expats moving abroad with intention immersing mselves quickly in local life. Nearly half first-timers (47) feel at home within a year and many never look back, staying in ir new home a long time nearly three in five first-timers (57) have been in ir adopted home over five years, compared to 5 all expats. First-time expats Are integrating well with local people and culture Say y felt at home within a year Moved abroad to improve ir quality life The length time it takes to settle into a new life abroad relatively short expats, though reasons why differ. For almost half (48) expats, it takes less than a year ir adopted country to feel like home. For 6 change instant. For expats looking to feel instantly at home, n Bahrain, Spain and Philippines are good destinations, as 8, 4 and 4 expats respectively say ir new host country felt like home from ir first day re. The importance making new friends a key part feeling at home with over half (5) expats saying th most Reasons expats feel at home in ir new country important milestone m. Th particularly true expats living in Australia, where 65 say th. Th not a problem however, as three in five (57) expats in country say making friends easy, compared to only 7 who dagree. As well as making friends, 38 expats globally say understanding local culture essential to settling in. The final part feeling at home learning and understanding language. Th a major milestone 8 expats and especially those in Brazil, where 60 say it important. Understanding language plays a unique role in feeling at home in Italy, more so than anywhere else in world. Almost a quarter (4) expats in country say that when y start dreaming in Italian when y feel at home nearly three times higher than global average 9. Regardless what it takes expats to settle in, one group feels at home far quicker than all ors. Almost half (49) expats who moved abroad to retire say it took less than six months to feel at home. In comparon, only a third (33) expats aged 8 to 34 settle in th quickly. 5 Making friends and/or developing ir social life 38 Starting to understand local culture and etiquette 8 Successfully using local language 3 Taking part in local or community events or initiatives Being sure ir family were enjoying life in ir new country Q: Which following milestones most played a part in helping you to feel a strong connection with your host country? Please select up to three. (Base: All respondents) 6 Expat Explorer Balancing life abroad 7

15 77 expats living in New Zealand say ir quality life better New Zealand and Spain lead way life experience New Zealand ranks first in Experience league table, with Spain following close behind in second. Expats in se countries identify quality life, richness culture and ease settling in as main reasons ir positive experience living re. In New Zealand, expats have access to familyfriendly amenities, and high environmental standards, which toger make a memorable experience. Almost four in five (77) expats living re say ir quality life better than at home and well over half (63) say making friends has been easy. In particular, expats in New Zealand comment on ease setting up finances, healthcare and accommodation. Expats also say settling in relatively easy, with 35 agreeing that y felt at home instantly or within six months, compared to global average 3. One opportunity from living in New Zealand adventure fered by country s scenery and geography, and expats are taking advantage th. Nearly three in five (57) agree y have become more physically active since move to country, compared to just 5 who dagree. Close behind New Zealand Spain, which best place in Europe expats wanting to enjoy life. Rar than living mostly in expat bubble, experience-hungry expats look local culture following ir move to country. Over seven in 0 (7) expats say y enjoy immersing mselves in culture Spain. Integrating with local community important to expats in country and th made easier by mastering local language. Nearly half (49) expats in Spain say th has played a part in m feeling a strong connection with country, while 8 are learning to speak Spanh. Over two in five (4) say y felt at home having understood local culture and etiquette. Experienced expats make a home in world s emerging economies Expats heading to emerging economies world say se countries are on up as destinations to live and work. Th typified by fact that those who moved to se countries are far more optimtic about future ir countries than those living in developed economies Canada, France, Germany, Italy, Japan, United Kingdom and United States. More than two out five (4) expats living in world s emerging economies 8 say country y live in getting better whereas only a quarter (5) believe opposite. In contrast, only 5 in developed economies believe ir adopted home getting better. Over half (56) expats who choose se emerging economies have already spent time living overseas on a previous occasion. Th experience helps m acclimate quickly, with 5 saying y felt at home within a year, compared to 4 those living in developed economies. Generous employment packages are also on fer in se countries and over half expats enjoy annual airfare and accommodation allowances. Working in education most common pression in developing nations, with 5 expats employed in th field. Financial services (), engineering and construction (0) and marketing (0) are or popular pressions. Forming new friendships easier too. Nearly three in five (58) say y have found it easy to do so, compared to only 5 who say opposite. Th compares favourably with expats living in developed nations, where 50 say y have found it easy to m those friendships. Expats in world s emerging economies clearly look to ir peers to m those friendships. 58 expats in emerging markets say y have found it easy to m new friendships Nearly half (49) say y spend more time with or expats and only a quarter (5) say y spend more time socialing with locals. In contrast, ming friendships living in developed economies more a local affair with only 8 saying y spend more time with or expats. Language anor area where expats living in se parts world differ. Only 5 those living in emerging nations say y are learning local language, compared to 67 in developed markets. 8 MSCI classification emerging economies. Th includes Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Peru, Philippines, Poland, Russia, Qatar, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates. 8 Expat Explorer Balancing life abroad 9

16 7 Life abroad gives Brith expats a healthy glow expats in Latin America say y are integrating well with local people and culture Latin America s scenery, culture and adventure enjoyed by repeat expats The top three destinations Brith expats The top three destinations Latin America emerges as a popular destination repeat expats who priorite life s experiences over or things. Over half (53) expats in region say experience life abroad what matters most to m (compared with global average 4). Many expats highlight Latin America s ability to fer new challenges, ease integrating with locals and region s cuine. Many expats living in South America are on ir second, third or more period living abroad. Th group repeat expats clearly has an idea what y enjoy most about life abroad and has identified it in region. Indeed, only South and Central Asia attracts more repeat expats than Latin America. Only 39 expats in Latin America 30 Expat Explorer Balancing life abroad Brith families enjoy a healthy, outdoor lifestyle in ir new lives abroad as y move to picturesque destinations overseas. Expats moving from United Kingdom are motivated by prospect improving ir quality life (47 say th compared with global average 37) and many choose outdoor living and vibrant cultures Australia, Spain and France. take advantage ir new environment to live healthier lives. The majority adults (53) become more active, with only 7 reducing amount exerce y do (th compares with global averages 44 and 5 respectively). Th pattern just as strong among children, with 40 Brith parents seeing an increase in amount sport ir children play. The wear in se countries plays a role in Brith expats decion to go re with Brits almost twice as likely to priorite climate when moving (8 compared with 5 expats globally). Yet Brith expats also Brith expats Latin America may not be a long term destination expats only The top three destinations Brith expats 36 have lived in region more than five years. However, it For first-timers and repeat expats a place that helps build strong alike, Latin America has plenty relationships, with 36 expats to fer. The diverse culture The top three saying y have found a long- Brith expats region in particular cited 3 destinations term partnerduring ir time by expats and nearly two thirds 3 re. Similarly, two in five (40) (65) say y enjoy immersing say move has brought m mselves in it. Expats find 3 relationship with closer in ir it easy to fit in and 7 in ir exting partner, compared region say y have found it to only 3 who dagree. easy to integrate with locals and ir culture (compared with 3 The opportunity to strengn global average 6). exting relationships and m new ones, allied with desire Expats prae food too, with to seek a new challenge (43 over two thirds (67) enjoying expats moving to Latin America cooking and eating range say y were seeking th) local cuines on fer (compared fer good reasons expats to with global average 58). consider region. Argentinian (73) and Brazilian (68) cuine are particular favorites among expats. are first-timers (compared with global average 49). Australia, most popular destination Brith expats in survey, also second best location worldwide improving health and increasing exerce levels children (68 expats in Australia say th, twice global average 34). The trend continues in Spain, second most popular destination Brith expats. The majority (55) all expats in country say environment re better than at home. Th has a definite impact on ir health. Almost three in five (59) living in Spain see an improvement in ir health. Regardless where y live, 86 expats from UK say ir health has stayed same or improved since moving. The top three destinations Brith expats9 Australia 9 Spain 8 8 Spain Spain (8) France 9 7 3Australia 7 3 France France (7) Spain 8 3 France 7 Australia (9) Australia 9 Australia 9 Spain 8 3 France 7 Q: Which country are you living in now? (Base: All respondents) Based on number UK survey respondents living as expats. 9 3

17 Family 3 Expat Explorer Balancing life abroad 33

18 Family League table Czech Republic The Family league table ranks each country or territory using a score that summares expats views on nine key questions concerning family aspects living in ir adopted country. Three se questions cover an expat s relationships ( example, wher y feel close to ir partner); a furr three look at education and childcare ( example, quality childcare and education); and final three examine impact raing children abroad ( example, ease ir children to making friends). Furr details methodology th league table can be found in The research section at end report. Country Family overall Relationships Education and childcare Raing children Sweden New Zealand Rank Score Rank Score Rank Score Rank Score Singapore Spain Germany Bahrain Mexico United States Hong Kong South Africa Belgium Malaysia Japan Switzerland Ireland Oman United Kingdom Argentina Nerlands China Canada Vietnam Philippines Italy India Indonesia Russia Qatar Australia Egypt France Saudi Arabia Thailand Taiwan Brazil Turkey United Arab Emirates Kuwait Scores are rounded to two decimal places in league table 34 Expat Explorer Balancing life abroad 35

19 The reasons why people move abroad are diverse, but one reason to join a partner on ir adventure, ten as a result an employer sending m overseas. Th type move can be a challenge, but findings show that expat partners are thriving. Popular destinations relocating partners include United Arab Emirates, Switzerland and United Kingdom, and over half (56) expat partners are aged between 35 and 54. It encouraging ree that when it comes to settling in, se partners ge independent, active lives in ir new home. Almost three in five (59) say ir social life has remained as busy as or become even more active than in ir home country. Relying on a strong social circle particularly important to th group and 5 state that making friends a key milestone to feeling at home. Expats moving abroad with ir partners are more likely to do th by building 36 Expat Explorer Balancing life abroad a network friends among or expats. Over half (5) say y tend to sociale more with expats than locals (compared to global average 4). The United Arab Emirates known its strong expat network and 66 partners in Emirates say ir social life as or more active since moving. Seven in 0 (70) say y sociale more with or expats than locals. A social circle not only focus expat partners. Many who join ir partners overseas look to build ir own career or take on a new challenge. Almost two in five (39) say chance to acquire new skills better than in ir host country, compared to 6 who dagree. In addition, say move abroad was partly about a new personal challenge m. Expat partners also see benefits to ir relationship moving overseas. Of those who moved abroad to support ir 63 expats partners in Philippines feel ir move abroad has brought m closer toger in ir relationship Expat partners blossom following ir move abroad partner, over half (54) say th change has brought m closer toger in ir relationship, compared to just 3 who say th not case. Expat partners moving to India, Philippines and Mexico in particular enjoy a closer relationship, with 65, 63 and 6 in se countries agreeing y feel closer to ir partner since moving. Expat parents put down deep roots Parents who move ir family abroad see world in a different way to or expats. Wher it helping ir children take up sport or giving m a better education, expat parents are more likely to stay abroad a long time, valuing continuity th provides ir family. Of those expats who move with ir children, 57 globally say y have stayed in ir new country longer than five years, compared with 50 expats living without children. Expat parents concern a high quality, stable family life one main factors m staying a long time. After making friends, second most important factor helping expat parents feel at home having ir loved ones settled. Among expats with children, 39 said y could only feel at home once ir family were enjoying life abroad. While settling in can take time, New Zealand and Australia are places expat parents find it particularly difficult to leave. In Australia example, 7 parents say y have lived in country more than five years, compared with global average 57. Parents value opportunities ir children in se countries and encourage m to make most an active lifestyle. Expat children in Australia and New Zealand are more likely to have increased amount sport y play than those living in any or nation (7 said th in New Zealand and 58 in Australia compared with global average 8). Japan anor country where parents are likely to stay a long time. Expats in country are almost twice as likely to stay more than five years (74 expat parents surveyed in Japan said th, compared with 40 among remaining expats in country). In a country with some best numeracy and literacy rates in world 0, half (50) expats in Japan say schooling better than at home, compared with only 5 who dagree. And while expats globally are most likely to enrol ir children in international schools, most popular choice in Japan to enrol in state education system in a sign confidence in nation s schooling expat parents have lived in ir host country five years or longer 37

20 Retired expats go native Retired expats immerse mselves in life abroad and rar than opting a quiet or expat-focused lifestyle, have become true members local communities y live in. Less than a third (9) expat retirees say y go out more with expat friends than locals, a much lower figure than global average 4 expats. For a third (33) retirees, key milestone to feeling at home when y join local community events and activities, higher than global average 3. Th approach to life has several benefits retirees, including how quickly y feel at home in ir new country. Nearly two in five (39) retired expats say it takes less than six months to feel at home, while 5 say it takes less than a year. With exception those living abroad to study, no or group expats feels at home more quickly. Retirees say y have clear opportunities to boost ir social life being an expat. Over two in five (43) retired expats say y lead a more active social life than at home, compared with only who dagree. Dcovering new cuines plays a major role in socialing, with 69 retired expats enjoying cooking or eating local food. As a result, 63 retired expats have found it easy to m new friendships abroad. Nearly threequarters (7) believe y are integrating well overall with local people and culture. For some expats, retirement just anor stage life abroad. For ors, move to retire ir first taste expat life. Popular destinations to retire abroad include Spain and France (where 5 and th group go respectively). South East Asia anor attractive destination, with 8 choosing Thailand and Philippines, while 0 pick Mexico. Regardless location, th a rewarding decion as 67 those who moved abroad to retire say ir quality life now higher than back home. Sweden shines expat families Expats rank Sweden as best destination family life, closely followed by New Zealand and Singapore. Expats highlight three factors in particular that make Sweden stand out families: education system, government policies on families, and living environment. For new parents, Swedh Government provides an impressive 480 days leave to look after children, which can be split between both parents. The quality childcare also better than in ir home country, according to 79 parents. The supportive environment family life evident when children go to school in Sweden. Over two thirds (67) expat parents find it simple to arrange ir children s education, while country s free schools model means 77 parents find cost education cheaper than at home. Learning local language not a barrier children, with 58 expat parents saying ir fspring are doing so (compared with global average 5). Sweden s environment positive families too. The country seen as safe and secure by majority (7) expats. Its scenery and temperate climate encourage exerce 53 parents say ir children are leading a healthier and more active lifestyle in country (compared to global average 34). In total, 79 expat parents in Sweden say quality life ir children 79 expat parents in Sweden say overall quality life ir children better better overall than at home, far higher than 58 all expat parents globally. Sweden an excellent place expats looking to start a family. Nearly two in five (39) have found a long-term partner since moving to country and, those moving with an exting partner, country beneficial too. Three in five (60) th group say move to Sweden has brought m closer toger in ir relationship. Retired expats who have found it easy to m new enjoy eating and cooking local cuine friendships in ir host country sweden.se/quickfact/parental-leave/ 38 Expat Explorer Balancing life abroad 39

21 5 Employers help families flourh from a move to India expat parents in India say setting up childcare and schooling easy More expats (36) moved to India as a result ir employer sending m re than any or country. However, expats do not have concerns about effect th on ir family as country one top 0 destinations in Family league table. Good quality education and childcare combine with ease making friends, while expats parents enjoy greater opportunities to make significant financial savings. Families moving to India settle quickly and nearly two in five (38) expats say it feels like home within six months. A total 63 say it takes less than a year to feel at home in country, compared with 48 expats globally. For parents, establhing childcare and education are important settling in and both are relatively easy in India. Over half expat parents (5) in country say that setting up childcare and schooling easy, compared to 38 expat parents globally. Only 0 parents in India dagree with th view. One reason th support expats receive from ir employers. Nearly a third (30) expats receive education or daycare allowances ir children from ir employer. Just under a third (3) receive family support allowances cultural or language coaching. In both cases, th level support expats higher in India than any or country surveyed. Parents cite furr benefits to living in India ir fspring. Nearly half (45) say it easier ir children to make friends than at home, compared to just 4 who say it harder. Nearly three in five (59) expat children learn a new language during ir time re too. Nearly half (47) parents cite opportunity to take part in more social activities and clubs than in ir country origin (compared with global average 33). In total, 60 expat parents in India say ir children have become more well-rounded and confident individuals, and as a furr benefit, 7 say cost raing children lower or same as in ir home country. 40 Expat Explorer Balancing life abroad 4

22 Country reports 4 Expat Explorer Balancing life abroad 43

23 Argentina 35th Country ranking Overall Ranking 38th Economics 3st 9th Experience Family Argentina an amazing country, fabulous travelling and seeing wonderful sights. The people are very friendly and welcoming. Brith expat living in Argentina are doing so, compared with 55 globally. Expats in Argentina look to quickly immerse mselves in its culture, climate and cuine. The country attractive people looking a new challenge with 4 expats living in Argentina saying th why y moved. While only 39 have been in Argentina more than 5 years, a shorter length stay not a barrier to becoming involved in Argentinian way life. Argentina also a country expats view as a good place to sociale. More than half (5) living in country say y have found it easy to m new friendships, compared to only who say opposite. However, only a quarter (5) say y go out more with or expats than with locals. Th particularly true those aged 35 to 54, with less than a fifth (8) th group saying y sociale more with expats than locals. For example, nearly threequarters (73) expats enjoy cooking and eating local cuine, and 69 say y are immersing mselves in local culture. In both cases, those aged 35 to 54 are more likely to enjoy se activities. Expats are keen to learn local language too and 80 state y Argentina not ranked as highly financial side life as or countries, with only 4 expats saying earning prospects are better than at home (compared with global average 4). Similarly, 4 believe that y can save more in country, but th lower than global average 5. There are some benefits to working in Argentina though. The work/life balance one example and 55 say th better than in ir home country. In contrast, only believe opposite. The country scores highly as a place where people can be open about ir sexual orientation at work. Over two in five (43) expats say th true Argentina, which makes it one top ten countries globally th sue. About respondents Gender Country origin 4 Female UK USA 33 France 7 Media 3 Tourm Telecoms 5 Male 44 Expat Explorer Balancing life abroad Age Top occupations 45

24 Australia 7th Country ranking Overall Ranking 5th Economics 4th Experience th Family Open yourself, open your heart, and explore country. Malaysian expat living in Australia Australia a popular choice expats focused on experience and those living abroad first time (59 in Australia are first-time expats). As well as Australia s lifestyle, which expats say among best in world, country rated highly as a place to start a business. Australia ranks highly in Experience league table. Over half (53) say y moved re to improve ir quality life. Only 8 were sent by ir employer, though over a fifth () say y were looking to improve ir job prospects. assignment with a set leaving date (compared with global average 3). The improved work/life balance gives expats opportunities to do or things. Nearly three in five (57) are more physically active than in ir home country, compared with only who say opposite true. It easy to settle in and make friends, as 77 say y have integrated well. Only 0 say y go out more with expat friends than locals, versus 53 who say opposite true. Australia also an attractive destination expats with an entrepreneurial spirit. Compared to global average 34, almost half (47) those in Australia say country a good place to start a business. Only 0 dagree with th view. Finally, over half (55) say country enables m to progress ir career, compared to 4 expats globally. Once newcomers arrive in Australia, y do not want to leave. Almost three-quarters (73) have been in country five years or more, and only 4 say y are on a fixed-term The decion to move and experience more what life has to fer has rewards expats in Australia. Over three in five (6) say ir work/life balance better and only say it worse than in ir home country. About respondents Gender Country origin UK 57 Female USA 5 5 Male 46 Expat Explorer Balancing life abroad Engineering 0 Health Finance New Zealand 9 Age Top occupations 47

25 Bahrain 4th Country ranking Overall Ranking 8th Economics 7th 6th Experience Family It a lot different from life back home. However, it an extremely welcoming country with warm people. It s better to come in with an open mind. It s my home away from home. Indian expat living in Bahrain Bahrain an easy and stable choice expats, fering a smooth transition and a warm welcome. Financially, country fers several benefits. The straightward financial landscape means just 7 say ir tax situation more complicated than at home, compared with global average 7. Some living costs are high, such as housing which 57 say y spend more on than at home, but ors are less so example, only 3 expats say y spend more on utility bills. Any additional living costs are not a strong concern though, as nearly nine in 0 (86) believe Bahrain improving or remaining steady as a place to live. Seven in 0 (70) say y are able to save more than at home (compared with global average 5) and 68 that y enjoy more dposable income. Only Oman (7) and Qatar (76) are home to a greater number expats who say ir dposable income higher. Bahrain a popular destination beyond just financial considerations. Settling into country not a challenge and nearly half (47) expats say country felt like home within six months (compared with global average 3). Nearly two thirds (66) say finding accommodation easy and only found integrating into country s culture and lifestyle difficult. Finally, as far as parents are concerned, Bahrain fers a better quality life children. Nearly two thirds (65) expat parents believe ir fspring enjoy a higher quality life in country. One aspect th health and wellbeing, which 57 parents state better than at home ir children. In contrast, only 8 believe opposite true. About respondents Gender 7 Female Country origin Finance UK 4 9 Paktan 9 India Engineering 9 0 Media 9 Male 48 Expat Explorer Balancing life abroad Age Top occupations 49

26 Expat Explorer Survey 39th Expat life in Brazil Overall Ranking Country ranking 37th Experience 37th Brazil expats have found a long-term partner 37th The mouth-watering food and different customs and festivals Anything satfying to dappointing to challenging to fantastic, are trom die. It simply a beautiful place to experience. all in space a week. It s a complete roller coaster. Family 3 Over acarries fifth () expats Th me on when expats receive cultural courses dcuss raing children in Singaand language coaching pore, with 87 saying it more ir families through ir expensive to do so than at home. employment contract. Th Well over three-quarters those three times average paying ir children s educaexpats globally and one several tion find it more expensive than contractual benefits that expats educating m at home (83). working in Brazil have. Annual However, th money, 70 say airfare allowances trips home th gets a better quality (46), accommodation (44) education than ir children might and relocation allowances (38), have had orwe. However, a as well as repatriation support considerable majority feel that (36) are all more commonly living in Singapore means ir fered to expats in country children have a better quality life than globally. (7) and even more, that it a safe place to rae a child (86). Did you know...? 30 Australian expat living in Brazil (both 56). However, life in Singapore expensive. More than destinations. Only 0 expats three-quarters expats pay more in country are confident ir accommodation than y localsignificantly economy and did at about home (77), 3 state it a place higher than globalgood average career progression (compared 5. Most also spend more on global average 4). going with out (67), groceries (63), However, employers do healthcare (58) and utilities fer (53) strongy benefits packages than bee moved to to people moving re. country. Did you know...? 35 Economics Brazil say it was easy to organe ir ost expats enjoy finances when relocating and diverse range food did in ir origin. Expats in Brazil saycom country three-quarters saycountry y had little available (74), Despite th, in comparon an attractive place culture, difficulty in setting up ir utilitiesto menting on its multicultural ir country aorigin, community excitement. (76 compared with globalonly 0 influences and and central role it believe Brazil does It particularly popular as a average 56). In termsnot welcome plays in Singaporean lifestyle. people regardless destination repeat expats lifestyle, most found it easytoir fit in (64 in country say it faith, race, gender sexual with Singaporean cultureor(7), Many pulled out hawker timecost, or more orientation. seven in ten (73) saying centres ir with second ir low highliving with over abroad). Over half (5) those y found wear easy to get quality, auntic food as being a livinginteresting re say used tothe time spent andlength an impressive 88in Brazil particularly partexperience living abroad most important to by expats shorter than saying y quickly got used toor cultural experience, with almost m, compared with only 7 countries. 40 area. have been travelling around Only local two-thirds (65) saying y enjoy who priorite financial side in country more than 5 shopping local produce at life. years (compared with The majority expats moved toglobal local markets. The country average 5) just 4 Singapore better joband prospects perms solidly in all areas Expats enjoy what Brazil has to (60); those aged 8 to 34 have been given 78 expats are in accounting quality life, fer, though only 7 believe full-time re that long. employment (compared constently in line with global overall quality life better with global average 58), averages expats having decent than at home. Friendships are However, mastering local y ve made a safe choice. accommodation (44 compared more likely to be made with language still an important Generally, people are satfied with with 40 globally), an active social factor settling in successfully. locals and only 7 say y go state Singaporean life (3 compared with 8 Three in five (60) expats in out more with expats. economy (88) and most have globally) and good access to Brazil say th was most greater levels dposable income healthcare (48 compared with important factor to feeling at Two thirds (68) say y like since moving to country (64 38 globally). home (compared with global country s cuine and 65 compared with global average average 8) and 86 are enjoy immersing mselves in Nearly sixlanguage. in ten expats Getting Brazilian set up inculture, Singapore a a low 53). learning though re associate Singapore with relatively simple process new In terms economics, Brazil number (0) admit y feel higher salaries and lower taxes expats. safer Just over two-thirds (67) does not rank as highly as or and more secure than y expats took less than 6 months to feel at home 4 Key findings 86 Are learning and using local language Are integrating well with local people and culture Enjoy local cuine Found it easy to get used to local wear Found it easy to m new friendships About respondents Gender 34 Female 66 Country origin USA 4 UK 7 France 6 Education Banking 5 Engineering 8 Male Age Top occupations Expat Explorer Survey Expat Explorer Balancing life abroad 5

27 Expat Explorer Survey 6th Expat life in Canada Overall Ranking Country ranking 6th Experience th Did you know...? 36 Economics Canada expats have found a long-term partner Canada 8th The mouth-watering food and different customs and festivals I love andititspeople! welcomed arecanada to die. simply ai felt beautiful placefrom to experience. very beginning. 3 Family (both 56). However, life in Singapore expensive. More than relocatingre, compared to three-quarters expats pay more global average 58. With ir accommodation than ya declinesignificantly in Canada s crime did at general home (77), rate in recent years, many higher than global average say Canada a safer place to 5. Most also spend more onbring family too. Nearly(63), seven in going up outa (67), groceries 0 (68) parents say that healthcare (58) and utilities (53) safety ir children better than bee y moved to than in ir home country and country. only respondents believe opposite Th me carries ontrue. when expats dcuss raing children in Singapore, with 87 saying it more expensive to do so than at home. Well over three-quarters those paying ir children s education find it more expensive than educating m at home (83). However, th money, 70 say th gets a better quality education than ir children might have had orwe. However, a considerable majority feel that living in Singapore means ir children have a better quality life (7) and even more, that it a safe place to rae a child (86). Did you know...? 5 Italian expat living in Canada say it was easy to organe ir ost expats enjoy finances when relocating and diverse range food 005 and it pursues policy Canada ranks sixthcomoverall in three-quarters say y hada little available (74), multiculturalm. Expats rank it as Expat Explorer league table. difficulty in setting up ir utilities menting on its multicultural most welcoming destination A key reason th that (76 compared with a global influences and central role it two thirds (66) expatsaverageworldwide 56). regardless In terms a plays inalmost Singaporean lifestyle. person s age, race, gender say quality life better lifestyle, most found faith, it easy to fit in than at home. A second reason or sexual orientation (6 with Singaporean culture (7), feel Many pulled out hawker how easily expats y can with over thseven way). in Nearly half (48) say it ten (73) saying centres with ir low cost,feel high integrate with local people easier to progress ir career y found wear easy to get quality, auntic food as being a and interesting culture; withpart three-quarters an country regardless used toinand impressive 88 se particularly (75) feeling th case, considerations too. saying y quickly got used to cultural experience, with almost compared to 6y expats travelling around local area. two-thirds (65) saying enjoy globally. Although Canada ranks just shopping local produce at outside top ten The majority expats moved to local markets. The country It also a destination financial side life, more than Singapore better job prospects perms solidly in all areas long-term. Nearly four in five half expats (54) say (60); given 78 expats are in accounting quality life, (79) expats have been in full-time work/life balance better than employment (compared constently in line with global country over five years and at home, compared to only 8 with global average 58), averages expats having decent well over a third (37) say it took who think it worse. A positive y ve made a safe choice. accommodation (44 compared m less than a year to feel at work culture recogned and Generally, people are satfied with with 40 globally), an active social 89 find ir employment more home. Th despite nearly two state Singaporean life (3 compared with 8 than or just as fulfilling as in ir in three (66) saying that Canada economy (88) and most have globally) and good access to country origin. ir first taste expat life. greater levels dposable income healthcare (48 compared with since moving to country (64 38 globally). For parents, Canada ranks in A furr positive expats compared with global average top 0 destinations family living in Canada country s Nearly in ten expats(7) Getting attitude set up inonsingapore a life. Nearlysix three-quarters diversity. Canada was 53). re associate Singapore relatively simple process new parents agree irwith children s one first countries in higher salariesand taxes since expats. world Just over two-thirds (67) quality life lower has improved to legale gay marriage in expats took less than 6 months to feel at home 4 Key findings 79 Have been re more than five years Say ir children s quailty life has improved Found it easy to get used to local wear Found it easy to m new friendships 75 Are integrating well with locals About respondents Gender Female 53 Male Country origin USA UK 7 India Finance Health 0 3 IT 0 Age Top occupations Expat Explorer Survey Expat Explorer Balancing life abroad 53

28 China 7th Country ranking Overall Ranking th Economics 36th Experience 30th Family Keep an open mind, challenge your own preconceptions and embrace eign culture. German expat living in China th case, compared to global average 4. Ranking in top third Economics league table, China a strong choice expats who want to improve ir careers quickly. The country has a positive long-term impact, fering opportunity to learn new skills and save money future, though expats have concerns about ir physical health in China and admit quality life sometimes better back home. However, those who move to China are not just able to learn new skills, y are also able to save more. Nine out ten (90) expats in China say y can save at least as much as in ir home country and majority (65) are saving more. As well as saving more, 68 say y have higher levels dposable income. Th a higher number than any or destination except Oman and compares with global average 57. The ability to spend less on living costs such as transport (6 say th cost lower) and utilities (80 say th cost lower or same) contribute to th. Over half (55) expats in China say country provides a better opportunity to learn new skills than ir home does, compared to just 8 who dagree with th view. Th not a surpre a country which ranks in second place globally as a destination to progress careers. Over three in five (6) believe The financial benefits living in China fset some aspects life which expats rank lower than elsewhere in world. Only a quarter (5) say ir overall quality life better and just 6 state that ir physical health better than in ir home country. Organing healthcare also more difficult and only 7 say th easy to setup in China, compared with global average 43. China ranks lower than some destinations raing a family, but expat parents do prae Chinese schools as 74 state education as good or better than at home (compared with global average 69). About respondents Gender Country origin Female Education Canada UK 9 USA 3 5 Media Manufacturing Male 54 Expat Explorer Balancing life abroad Age Top occupations 55

29 France 9th Country ranking Overall Ranking 3nd Economics 4th Experience 3th Family An adventure that quickly becomes your everyday life. Brith expat living in France The benefits France s lifestyle, culture and cuine are all recogned by expats, though country s economic prospects are less attractive than in or destinations. Nearly three in five (57) those living in France say experience a life abroad most important thing to m a higher proportion than in any country except Spain and Portugal. Th desire to experience what France has to fer rewarded as nearly two thirds (63) state ir quality life has improved since moving. From a financial point view, cost accommodation less or same as at home according to 60 expats, compared to 33 who say it costs more. The main benefits living in France are at work and 46 say ir job security higher than at home (compared to only 0 who dagree). These positive views are balanced by only 8 who have confidence in French economy and 7 who say country a good place career progression. Overall, nearly two thirds (64) expats in country say work/life balance better. With more time to spend outside work, 68 those in France are immersing mselves in country s culture and 77 are enjoying local cuine. Making most life in France means only say y are failing to integrate with local people and culture. Just over a third (36) spend more time with or expats, rar than local friends lower than global average 4. For families, France has several attractions. Parents are keen to immerse ir children into French society and 6 send ir fspring to a local state school nearly twice as many as global average 3. Over half expat parents (53) report that organing education and childcare easy, compared to just 9 who say it can be difficult to arrange. Finally, with exposure to French curriculum, 6 parents say ir children are speaking language, giving expat families more ability to enjoy experience living in France. About respondents Gender Country origin Female Tourm Education UK Italy 3 USA Media 7 Male 56 Expat Explorer Balancing life abroad Age Top occupations 57

30 Expat Explorer Survey Expat life in Hong Kong th Overall Ranking Country ranking th Experience 0th expats have found a long-term partner 0th Hong Kong Family The mouth-watering food and different customs and festivals Be open, yourself and make to best living are tobe diepositive,. It be simply a beautiful place experience. in Hong Kong. 3 (both 56). However, life in Singapore expensive. More than job prospects and 9 three-quarters expats pay because more ir employer sent ir accommodation m. than y in Hongsignificantly Kong know how did at Expats home (77), to enjoy mselves outside higher than global average work too. The culture Hong 5. Most also spend more on attractive and (63), 58 say going Kong out (67), groceries y enjoy immersing mselves healthcare (58) and utilities (53) in it. Around two thirds (65) say than bee y moved to y enjoy eating and cooking country. Hong Kong s mix Asian and Western cuine. Expatsexpats feel y Th me carries on when are more healthy living re, dcuss raing children in Singa- as say y are it more physically pore, with saying more active than at home, compared expensive to do so than at home. withthree-quarters only 4 who saythose Well over opposite. paying ir children s education find it more expensive than There are also benefits educating m at home (83). families living in Hong Kong (80 However, th money, 70 say expat parents state that th gets a better quality quality education better than education than ir children might at home), though it ranks lower have had orwe. However, a in Family league table than considerable majority feel that some locations. One reason living in Singapore means ir th high cost raing children have aas better life children, 75 quality parents feel it (7)and even more, that it more expensive to do soathan safe place to country rae a child (86). in ir origin. Did you know...? 33 German expat living in Hong Kong say it was easy to organe ir ost expats enjoy finances when relocating and diverse range food move tosay Hong Kong only Hong Kong(74), a strong y hadand little available com-economic three-quarters 6 say y are able to save destination and particularly difficulty in setting up ir utilities menting on its multicultural less. Th despite high cost attractive to expats working in (76 compared with a global influences and central role it accommodation, which 85 financial services (39 expats average 56). In terms plays in Singaporean lifestyle. say costs moreitthan surveyed in Hong Kong work lifestyle, most found easyattohome. fit in in th industry). It has best with Singaporean culture (7), Many pulled out hawker progression opportunities These benefits comesaying with with over seven in tendo (73) centres career with ir low cost, high any destination in Balancing some sacrifices. Almost twice y found wear easy to get quality, auntic food as being a life abroad, withpart 68 expats used toasand many expats in Hong an impressive 88Kong particularly interesting stating it a good place th say work/life balance saying y quickly got used to cultural experience, with almost and 86 that chance to worse than in ir travelling around localhome area. two-thirds (65) saying y enjoy acquire new skills better than country (45 compared with shopping local produce at or just as good as at home. As global average 5). The majority expats moved to To local markets. The country well as employees, entrepreneurs compensate, fer Singapore betteremployers job prospects perms solidly in all areas more contractual benefits than in can benefit, as 54 say Hong (60); given 78 expats are in accounting quality life, or destinations. These include Kong a good place to start a full-time employment (compared constently in line with global health and medical allowances: business. with global average 58), averages expats having decent 66 in Hong Kong receive th y ve made a safe choice. accommodation (44 compared benefit compared with global Living in Hong Kong has financial Generally, people are satfied with with 40 globally), an active social average 5. Likewe, over a benefits, as 6 report an state Singaporean life (3 compared with 8 third (37) expats receive an increase in ir earnings after economy (88) and most have globally) and good access to accommodation allowance. moving re (compared with greater levels dposable income healthcare (48 compared with global average 39). The since moving to country (64 38 globally). Many expats in Hong Kong average expat earns around compared with global average focus on ir personal or career USD70,000 p.a. more than 53). Nearly six innearly ten expats Getting global set up average. in Singapore a development. half (47) The majority re associate Singapore relatively simple process new say y moved rewith a new (6) ends up saving more higher challenge, salaries and lower taxes ir expats. ir Just over two-thirds (67) 38 to improve income as a result 6 Economics Hong Kong Did you know...? expats took less than 6 months to feel at home 4 Key findings 70 Of expat children are learning local language Say Hong Kong a good place career progression Enjoy local cuine Say earning prospects are better Say it a good place to start a business About respondents Gender Finance Country origin Female China UK Male Age Australia 0 Education 3 Marketing 7 Top occupations Expat Explorer Survey Expat Explorer Balancing life abroad 59

31 India 7th Country ranking Overall Ranking 7th Economics 30th Experience 0th Family Be prepared to experience a new way living. Russian expat living in India Financially re are good reasons relocating to India. The majority (5) expats in country find ir new job more fulfilling, with only 3 less content in ir career after moving. Expats in India also learn new skills and 8 believe country as good as or better learning new skills than ir country origin. With a top ten ranking in Family rankings, India provides a strong base young families making a home in South Asia. The country seen as easy to settle in. Over three in five (6) expats in country feel at home within first year, compared with global average just 48. Th especially true parents, half (5) whom have found setting up childcare and schooling to be easy, compared to 38 expat parents globally. With a strong base establhed, three in five (60) parents say ir children are more wellrounded and 55 have a wider circle friends as a result growing up in India. Outside classroom and fice, expats rank some aspects ir experience strongly, though admit to challenges. Integrating into Indian culture one challenge, with almost a quarter (4) in country finding it difficult to do so (compared with global average 8). Organing finances harder than elsewhere as only found th easy to do, compared with 39 expats globally. It worth overcoming se challenges though, as 69 those living in India say y enjoy immersing mselves in country s rich and varied culture. For nearly half (48) understanding Indian etiquette and culture key milestone to feeling at home. A good environment children, fulfilling work and a rich culture are some reasons why 58 expats believe country getting better as a place to live and work (nearly double global average 34). Finally, over three in five (6) say it takes less than a year to feel at home. About respondents Gender Country origin Female Manufacturing UK 55+ USA 4 Finance 5 Engineering 9 Australia 6 Male 60 Expat Explorer Balancing life abroad Age Top occupations 6

32 Indonesia 33rd Country ranking Overall Ranking 8th Economics 3nd Experience 33rd Family A perfect opportunity to expand your horizons. Finnh expat living in Indonesia average 48). And only one in five () expats are more confident about ir job security than in ir country origin. Indonesia fers expats an afdable lifestyle in a rich culture. The country provides good value accommodation and expats can save money on bills while benefitting from higher levels dposable income. It a regular destination expats focused on ir career or personal development with most popular reason moving to country being to take on a new challenge. Th accounts 47 those living re from overseas. A furr 6 say y were sent by ir employer. Indonesia does not rank as highly as some destinations financial side life, in part because only 3 are confident about country s economy (compared with global There are financial benefits though, particularly contractual incentives given by employers. Nearly two thirds (65) are given an accommodation allowance and a similar proportion (64) enjoy annual airfare allowances trips home. As 6 expats say cost bills lower, country does fer good financial reasons to live and work re. In fact, over half (54) say ir work more fulfilling than at home (compared with only 3 who say opposite). The financial benefits mean 65 expats in Indonesia say y enjoy greater dposable income than at home. Fewer feel ir overall quality life has improved (3 compared with global average 53) but country does provide a strong social life. Seven in 0 (70) expats say th better or as good as in ir home country and 6 have found making new friendships to be easy. Friendships are made more ten with or expats, as 45 say y spend more time with th group than with locals compared to who dagree. Despite th, over three in five (6) believe y are integrating well with locals and a similar number (58) enjoy immersing mselves in culture (compared with only 8 who do not). About respondents Gender Country origin 33 Female 67 Education UK USA 7 Australia Tourm 9 Engineering 8 Male 6 Expat Explorer Balancing life abroad Age Top occupations 63

33 Malaysia 0th Country ranking Overall Ranking 5th Economics 7th Experience 3rd Family Have an open mind and push yourself to meet new people as soon as you get to your new country. Canadian expat living in Malaysia average 5), an annual allowance viting home (45 compared with global average 33) and a personal effects shipment (4 compared with global average 3). Malaysia ranks in middle each league table as expats find good reasons to live and work in country including benefits fered by employers, ease making friends and opportunities to lead an active social life. Moving to country has also brought 43 expat partners closer toger in ir relationship, compared with only 5 who say opposite. Expats recogne some benefits to raing a family in Malaysia as 60 parents report that ir children have a wider, more diverse circle friends living in country. A similar proportion (60) agree that overall quality life better ir fspring following move. However, only 9 parents believe quality childcare better than in ir home country. Expats are not as confident about local economy as elsewhere in world (35 are confident in Malaysia compared to 48 globally), but do enjoy a good work/life balance. Over half (53) say th better than at home compared with just who dagree. With 8 expats being sent to country work (compared with global average 6), employers make sure ir workers are being looked after. Salaries expats are above global average at over USD09,000 p.a. and several contractual benefits are more commonly fered than in or countries. The better work/life balance and fact that 63 expats in country say y enjoy greater dposable income than at home provides time and money to lead an active social life. Malaysia ranks well in th regard. Making These include health and medical allowances (73 receive th benefit compared with global friends easy according to 6 expats in country and 7 say ir social life more or just as active as at home. About respondents Gender Country origin 36 Finance Female UK India 3 USA 7 Education 5 0 Telecoms 3 Male 64 Expat Explorer Balancing life abroad Age Top occupations 65

34 Mexico 9th Country ranking Overall Ranking 6th Economics 9th 8th Experience Family If you love colour, noe, laughter, htory, culture - you ll love Mexico and everything else will work itself out gradually. American expat living in Mexico Expats settle into Mexican way life quicker than most countries in world, enjoying local culture and finding fulfilment at work. The country joint second easiest place in world to make new friends, with 68 saying y have found th to be case, compared to only 9 who have found it a challenge. Expats warm to country and its people. Just over a third (34) go out with expat friends more ten than local ones, compared with global average 4. The Mexican culture strongly appeals to and nearly four in five (78) enjoy immersing mselves in it (compared with global average 57). The cuine also popular and 8 enjoy cooking and eating it. After only two years living in Mexico over three-quarters (76) expats say country feels like home a much higher percentage than 6 globally who say th. The country not as strong a place career progression as elsewhere as only 36 say th aspect life better than at home (compared with global average 4). Earning prospects are not as strong eir, with only 7 believing th better in Mexico and average expat salaries just over USD87,000 p.a. (compared with global average over USD04,000 p.a.). Despite se views, Mexico does fer advantages those sent to country by ir employer. Over half th group sees an increase in ir earnings once y move in comparon to only 5 all expats in country. People sent by ir employer are also more likely to say y have picked up new skills since moving (47 compared with average 35 all expats in Mexico). Even if financial benefits are not as strong, working in country proves to be rewarding in a number or ways. The majority (54) expats say ir job more fulfilling than at home, compared to only who feel opposite. Likewe, less than a quarter (3) say work/life balance worse than at home and half (50) believe it better. About respondents Gender Female Country origin Canada 9 UK USA 34 8 Education Telecoms 0 3 Media 9 Male 66 Expat Explorer Balancing life abroad Age Top occupations 67

35 New Zealand nd Country ranking Overall Ranking 6th Economics st Experience nd Family Don t be an expat, integrate from day one Enjoy Kiwi lifestyle or move on, you ll never be happy unless you give it your all. Brith expat living in New Zealand easy upon arrival as do 68 who set up healthcare arrangements. People seeking adventure, a strong social life, an inspiring place to rae a family or fulfilling employment can find all se in New Zealand. The country ranks first Experience and its landscape provides natural encouragement to go outdoors. Nearly three in five (57) expats in country say y are more physically active than at home (only 5 dagree) and 55 believe ir health has improved since moving. The majority (76) parents place ir children in local schools and half (50) say quality education higher than at home (only 8 believe quality lower). Culturally th education beneficial as 68 expat parents believe ir children are more wellrounded and confident from ir time spent living in New Zealand. Working in New Zealand brings rewards, although just 5 believe earning prospects are better than in ir country origin. Nearly three in five (57) say work culture better than in ir home country (compared with global average 39). Expats value work y do in New Zealand as 54 feel ir job more About respondents Gender Country origin Female 53 Male 68 Parents do not have to worry about raing children as country one best places families. The active, outdoor lifestyle has a positive effect on children too and 76 parents believe ir fspring are more healthy living in New Zealand. These are some reasons why more than three-quarters (77) say ir overall quality life better than at home. Expats take advantage th to stay long-term and 7 have lived in New Zealand five years or more. Setting up a home in country easy. Nearly four in five (78) expats say y are integrating well with local Kiwi and Maori culture. Practical sues are easy to address in New Zealand too. Over seven in 0 (73) say that organing ir finances was fulfilling. Only 8 dagree. Expat Explorer Balancing life abroad Health Telecoms 55+ UK 67 India Finance Australia 3 4 Age Top occupations 69

36 Saudi Arabia 6th Country ranking Overall Ranking 7th Economics 35th 36th Experience Family A game changer. A whole world new opportunities are waiting you. Brith expat living in Saudi Arabia accommodation allowance and a similar number (73) enjoy annual airfare allowances trips home. More than any or country in league tables, expats associate Saudi Arabia with financial side life. Nearly three-quarters (73) say th most important aspect life m in Saudi Arabia. The country fers expats strong contractual benefits, a lower cost living and a strong economy. Confidence in economy high with 68 stating th and 55 confident in country s political stability (only 6 dagree). There are or economic benefits those living in country. Even with expat salaries below global average, nearly two thirds (65) still say y can earn more than at home. Nearly three-quarters (73) spend less or same amount money as at home and th provides opportunity to put ir money to use elsewhere. A similar proportion (75) expats in country save more than y did at home and 68 say y have more dposable income to hand. Expat salaries in Saudi Arabia are slightly below global average (USD0,000 p.a. compared to USD04,000 p.a.) but th compensated by contractual benefits on fer employees. Three-quarters (75) expats receive an Many those living in Saudi Arabia do feel social side life not as good as in ir country origin. For example, only a third (33) enjoy immersing mselves in local culture (compared with global average 57). Overall, 4 say quality life better than in ir country origin lower than 53 expats globally. The majority (56) tend to sociale more with ir fellow expats as only 40 believe y are integrating well with local people. For expat parents moving to Saudi Arabia, quality childcare just as good as or destinations (39 rate it as better than at home, same as global average). The country seen as expensive though and only 6 believe cost raing children lower than in ir country origin. About respondents Gender 6 Female Country origin 45 Engineering UK Egypt 9 Education Paktan 0 3 Health 8 Male 70 Expat Explorer Balancing life abroad Age Top occupations 7

37 Singapore st Country ranking Overall Ranking nd Economics 3rd Experience 3rd Family Endlessly challenging and endlessly stimulating; wholly worth it. Canadian expat living in Singapore A strong all-round destination, Singapore ranks in top three destinations in each league table, making it best destination expats overall. A global centre finance, it fers strong career progression opportunities and an exceptional quality life. Over two thirds (67) expats recogne an improvement in ir overall quality life from moving to Singapore and many settle long-term almost half (46) have been re over five years. The most popular reason to move to Singapore to seek an improvement in quality life (4 say th), but career development anor common reason. Two in five (40) move to Singapore to improve ir job prospects, compared with global average 6. Expats heading to Singapore enjoy a combination financial and career advantages. Over a quarter (8) expats re earn more than USD00,000 p.a., compared with just 3 globally. Over half (53) believe opportunity to acquire new skills greater than at home, compared to only who believe th not case. Younger expats are particularly enthusiastic about chance to upskill, with 64 believing Singapore fers more opportunity to do so. Finally, Singapore fers an excellent social life, with threequarters (75) expats saying irs eir just as active or more so than at home. Nearly three in five (57) also say y find it easy to adapt to local culture and lifestyle. For expat families, Singapore represents a smooth and safe transition. Many say it easy About respondents Gender 43 Female 57 Country origin Expat Explorer Balancing life abroad Finance India Age 30 UK 8 53 Male 7 to set up finances (63) and healthcare (63). The country second only to Bahrain children having a wider and more diverse circle friends. Over four in five (85) acknowledge that education more expensive but only 4 say quality that education worse than at home, compared to 66 who believe it to be better. Malaysia 6 Media 0 Telecoms 0 Top occupations 73

38 Switzerland 0th Country ranking Overall Ranking st Economics 6th 5th Experience Family A wonderful challenge - with all its ups and downs, I would not change it anything else. German expat living in Switzerland more fulfilling, compared to only 9 who dagree with th view. As well as strong career progression, an expat s earning potential important. Nearly a third (9) earn over USD00,000 p.a second only to expats in Hong Kong. Long-term stability and confidence in Switzerland s economy provide ambitious expats with opportunity to progress ir careers and increase ir earning potential. Over four in five (83) expats in Switzerland believe ir job security better or just as good as in ir home country and 77 are confident in Sws economy. Although strong economics, Switzerland does rank lower than some destinations expat experience and raing a family. There are several social reasons th as only 35 have found it easy to m friendships in country and 43 have found it easy to integrate with local people and culture (compared with 6 expats globally). Overall, more than half (53) believe country a good place career progression (compared with global average 4). It also fers a good work/life balance, which 59 say better than at home and only 8 believe worse. Expats believe time spent at work rewarding with over half (5) describing ir work as though. For instance, 53 have become more physically active since moving to country and 78 call describe country s environmental health as better than at home. Family life in Switzerland expensive as only 5 expat parents say cost raing children lower than in ir home country. However, children benefit from ir upbringing in country. Four in five (80) expat families say life in Switzerland safer ir children and 74 say overall quality life ir fspring better. Finally, 6 believe ir children s health and wellbeing has improved. There are benefits to living in Switzerland beyond work About respondents Gender Country origin Female Male 74 Expat Explorer Balancing life abroad UK Age USA 4 Finance France 7 Telecoms 3 0 Science 9 Top occupations 75

39 Taiwan 8th Country ranking Overall Ranking 8th Economics 5th Experience 5th Family Be open to sometimes unexpected things that locals do as y are friendliest people you could imagine. Brith Expat living in Taiwan one safest countries expats. Over four in five (84) say y feel safe in country. Parents feel at ease too as 75 say Taiwan a safer place ir children than at home. Taiwan Asia s hidden experience capital. Over half (55) expats living re are attracted by lifestyle and culture. The land fers economic benefits and ranks in top half Economics league table. People who move to Taiwan have little difficulty settling in as only 3 say organing healthcare was difficult and just that finding accommodation was hard. Parents find setting up ir family home easy as well and only 0 found arranging childcare and schooling difficult, compared to 4 who found it easy. Two thirds (67) expats living in Taiwan enjoy immersing mselves in its rich culture and exploring land s natural hot springs, annual moon festival and dance permances showcasing indigenous traditions. Socialing also easy as 70 feel ir social life just as or more active than back at home and nearly two thirds (66) are integrating well with locals. About respondents Gender Country origin 36 Female Education Canada Male 76 Finally, expat partners moving abroad after ir partner accepts a job in Taiwan can thrive on land. Over half (56) say move has given m chance to develop ir career, compared to only 4 expat partners globally who believe th has been case. Taiwan does not rank as high as some destinations financial side life, but re are positives expats moving re. Confidence high in Going out and socialing easy in part because Taiwan ranks as local economy, with 60 holding a positive view it (compared with 48 expats globally). However, less than a third (3) believe earning prospects are better than at home and a similar number (3) say it a good place career progression. Expat Explorer Balancing life abroad Age USA 9 UK 7 4 Media 4 Manufacturing 7 Top occupations 77

40 Expat Explorer Survey 9th Expat life in UAE Overall Ranking Country ranking 8th Experience 4th United Arab Emirates 6th The mouth-watering food and different customs and festivals My husband beenaan expat, and after 0 years in are to diehas.always It simply beautiful place to experience. Middle East, th home. expats have found a long-term partner 3 Family Did you know...? 3 Brith expat living in United Arab Emirates (both 56). However, life in say it was easy to organe ir ost expats enjoy Singapore expensive. More than finances when relocating and diverse range food Outside work, pay UAE does Expats insay y UAEhad are little more likely three-quarters The United(74), Arab Emirates expats more three-quarters available comnot rank as strong as elsewhere to receive additional financial (UAE) provides many economic ir accommodation than y difficulty in setting up ir utilities menting on its multicultural world, 53 feel help from with ir a employer opportunities, fering career home (77),though significantly (76 compared global beyond did at in influences and central role it it getting better as a place ir salary. Twice as many (68) advancement and generous higher than global average to average 56). In terms plays in Singaporean lifestyle. live and work (compared to expats in country receive benefits packages in a destinationlifestyle, 5. Most also spend more on most found it easy to fit in average 34). Expats with an extensive expat network. annual airfare allowances going global out (67), groceries (63), with Singaporean culture (7), Many pulled out hawker find it harder to integrate with The Emirates provides a strong trips home compared to healthcare (58) and utilities (53) with over seven in ten (73) saying centres with ir low cost, high local people and culture economy (6 expats are global average. More than half than bee y moved to than y found wear easy to get quality, auntic food as being a in or destinations and only confident about it) which (55) receive accommodation used to and an impressive 88 country. particularly interesting part 4 believe y have done so important given nearly two allowances. These benefits, saying y quickly got used to cultural experience, with almost successfully with thirds (64) living re say combined with high salaries Th me carries(compared on when expats travelling around local area. two-thirds (65) saying y enjoy global average 6). financial side life most on fer, mean that nearly dcuss raing children in Singashopping local produce at For families, raing children important thing m. two thirds (65) have more The majority expats moved to pore, with 87 saying it more local markets. The country expensive. Less than one in 0 dposable income despite expensive to do so than at home. Singapore better job prospects perms solidly in all areas (6) say th less expensive The thriving economy one high living costs in Emirates. Well over three-quarters those (60); given 78 expats are in accounting quality life, in ir country origin. reason high salary levels. full-time employment (compared payingthan ir children s educaconstently in line with global Expats say y earn an average The UAE ranks highly career tion find it more expensive than with global average 58), averages expats having decent Overall though, Emirates over USD4,000 p.a. in progression as well. Over half educating m at home (83). y ve made a safe choice. accommodation (44 compared a popular choice expats UAE, which USD0,000 (53) expats say it a good However, th money, 70 say Generally, people are satfied with with 40 globally), an active social and three in five (60) feel ir place to advance a career, while p.a. more than global state Singaporean th gets a better quality life (3 compared with 8 overall quality life better 47 believe country a average. The high salaries on economy (88) and most have education than ir children might globally) and good access to living re. good place to acquire new skills fer compensate more have had orwe. However, a greater levels dposable income healthcare (48 compared with more than twice number who expensive cost living with 79 considerable majority feel that since moving to country (64 38 globally). do not believe th case. A stating that accommodation compared with global average living in Singapore means ir similar percentage (50) believe more expensive than at home 53). Nearly six in ten expats children have a better quality life Getting and set up in Singapore a country a good place 60 saying y spend more (7) and even more, that it a re associate Singapore with relatively simple process new to start a business (just 3 on bills (only 8 say y spend higher dagree salaries and lower taxes safe place to rae a child (86). expats. less). Just over two-thirds (67) with th view). 9 Economics United Arab Emirates Did you know...? expats took less than 6 months to feel at home 4 Key findings Say overall quality life better Are confident in local economy Say UAE good career progression Moved to improve job prospects 76 Send ir child to international schools 5 About respondents Gender Country origin Female 8-34 Finance 5 33 UK Male Age Paktan 7 Engineering India Marketing 8 Top occupations Expat Explorer Survey Expat Explorer Balancing life abroad 79

41 Expat Explorer Survey 3rd Expat life in UK Overall Ranking Country ranking 4th Experience 9th United Kingdom expats have found a long-term partner 8th The mouth-watering food and different customs and festivals We ve years anow and have had many experiences. arebeen to diehere. It 0simply beautiful place toso experience. We will head home one day but now it still suits us. Family 3 Th me carries on when expats dcuss raing children in Singapore, with 87 saying it more expensive to do so than at home. Well over three-quarters those paying ir children s education find it more expensive than educating m at home (83). However, th money, 70 say th gets a better quality education than ir children might have had orwe. However, a considerable majority feel that living in Singapore means ir children have a better quality life (7) and even more, that it a Did you know...? 8 Canadian expat living in UK higher salaries and lower taxes (both 56). However, life in to progress ir career. Singapore expensive. MoreThe than United Kingdom three-quarters expats also pay seen more as accommodation a good place to acquire new ir than y skills, with 59 believing th did at home (77), significantly be compared highertothan case global averagewith only 0 who dagree. Finally, 5. Most also spend more on half (46) expats say going nearly out (67), groceries (63), work culture better than healthcare (58) and utilities (53)at home (compared global than bee y movedwith to average 39) and only a country. quarter (5) dagree. Did you know...? 4 Economics United Kingdom say it was easy to organe ir ost expats enjoy finances when relocating and diverse range food Expats find easyhad to settle Expats moving to United three-quarters sayity little available (74), cominto Brith way life. Two Kingdom have opportunities difficulty in setting up irutilities menting on its multicultural thirds (67) enjoy immersing to advance ir careers and (76 compared with a global influences and central role it interms Brith Britain slifestyle. culture. averagemselves 56). In culture plays inexperience Singaporean and half (50) find it The country one most lifestyle, most found it easyeasy to fitto indo popular destinations firstso, compared to just 3 who with Singaporean culture (7), Many pulled out hawker and low 58 cost, expats have found seven inth ten difficult. (73) centres timers with ir highin with over United Kingdom report being on saying y found wear quality, auntic food as being a irinteresting first adventure half toexpats get used and an(5) impresparticularly part living abroad.easy toover believe United Kingdom sive 88 saying y quickly got cultural experience, with almost Once expats arrive, welcoming to people regardless used to travelling around local two-thirds (65) saying y enjoy destination becomes home area. ir faith, race, gender or shopping local produce at sexual orientation. Only 8 many. Nearly two thirds (63) local markets. The country dagree thmoved view, making have lived in country more The majority with expats to perms solidly in all areas United Kingdom one than five years. Th increases to Singapore better job prospects accounting quality life, five78 countries globally on 70 those with children under (60); top given expats are in constently in line with global th sue. The same attitude 8. full-time employment (compared averages expats having decent evident in workplace, where with global average 58), accommodation (44 compared 46 expats believe people Britain expensive to live in y ve made a safe choice. with 40 globally), an active social can be open about ir sexual according to expats. Less than Generally, people are satfied with life (3 compared with 8 orientation, significantly higher two in five (38) can save more state Singaporean globally) and good access to than global average 6. money than y used to in ir economy (88) and most have healthcare (48 compared with home country and just greater levels dposable income 38 globally). The open attitude on diversity say cost raing children since moving to country (64 one several benefits lower. Despite th, re are with in global average Getting compelling set up in Singapore amake compared working country. Nearly reasons that 53). Nearly six in ten expats relatively simple process new three in five (57) expats are country a long-term home. re associate expats. Just over two-thirds (67) confidentsingapore it a goodwith place expats took less than 6 months to feel at home 4 Key findings Are integrating well with locals 5 Say y have chance to acquire new skills Of expats are first time expats Say UK a good place career progression Enjoy work culture About respondents Gender Finance Country origin 55 Female USA France Male Age 30 Ireland 7 Australia 6 Marketing Education 9 Top occupations Expat Explorer Survey Expat Explorer Balancing life abroad 8

42 Expat Explorer Survey 6th Expat life in USA Overall Ranking Country ranking 3rd Experience 3th expats have found a long-term partner United States 9th The mouth-watering food and different customs and festivals An experience not Ittoms. a beautiful place to experience. are to die. simply 3 Family (both 56). However, life in Singapore expensive. More than Over three five (6) believe three-quarters inexpats pay more overall quality life better ir accommodation thany ir children compared did at home (77), significantly to home. higherliving than at global average 5. Most also spend more on difficult going Organing out (67), healthcare groceries (63), (only 8 found th easy) but healthcare (58) and utilities (53) over half (5) believe ir than bee y moved to children s health better and country. 57 say USA fers more activities Th me carries on when expats dcuss raing children in Singapore, with 87 saying it more expensive to do so than at home. Well over three-quarters those paying ir children s education find it more expensive than educating m at home (83). However, th money, 70 say th gets a better quality education than ir children might have had orwe. However, a considerable majority feel that living in Singapore means ir children have a better quality life (7) and even more, that it a safe place to rae a child (86). Did you know...? 6 Brith expat living in USA say it was easy to organe ir ost expats enjoy finances when relocating and diverse range food th sector with The United(74), States (USA) three-quarters say(compared y had little available com- global average 5). an appealing destination difficulty in setting up ir utilities menting on its multicultural Salaries inwith USA are above ambitious, (76 compared a global influences and work-focused central role it global average at individuals keen to develop ir average 56). In terms just under plays in Singaporean lifestyle. USD5,000 career. Popular with first-time lifestyle, most foundp.a. it easy to fit in expats (63 in USA say th with Singaporean culture (7), Many pulled out hawker Forseven entrepreneurs, USA ir first low time cost, livinghigh abroad), with over in ten (73) saying centres with ir an attractive destination as well. country seen as a longy found wear easy to get quality, auntic food as being a expats 88 living re terminteresting destination. Nearly two used tohalf and(50) an impressive particularly part believe country good thirds (65) those living in saying y quickly got usedato cultural experience, with almost place to start a business USA have been re over travelling around local area.and only two-thirds (65) saying y enjoy 9 dagree with th view. A five years, compared with 5 shopping local produce at furrpositive that expats in or countries. The majority expatssign moved to 55 local markets. The country are confident about American Singapore better job prospects perms solidly in all areas (compared with The country fers strong career (60); economy given 78 expats are in accounting quality life, global average 48) and only development opportunities. Over full-time employment (compared constently in line with global dagree with th view. three in five (6) expats see with global average 58), averages expats having decent USA as a better place to acquire y ve made a safe choice. accommodation (44 compared Key living costs are generally new skills than ir home Generally, people are satfied with with 40 globally), an active social higher than at home ( example country and only 7 believe state Singaporean life (3 compared with 8 60 say y spend more on opposite. A similar proportion economy (88) and most have globally) and good access to accommodation) and fewer (60) say it a good place to greater levels dposable income healthcare (48 compared with expats feel safer than in ir progress ir career. since moving to country (64 38 globally). home country compared to compared with global global average (40average compared Banking, insurance and 53). Nearly six in ten however expats Getting financial set up inservices Singapore a with 54). Parents a common re associate with to relatively simpleto process with new recognesingapore several benefits industry work in, higher salaries and lower taxes expats. Just over two-thirds (67) raing a family in country. expats employed in 37 Economics United States Did you know...? expats took less than 6 months to feel at home 4 5 Key findings Are integrating well with locals Of expat children are in local state schools Of expats re have been in USA over five years Say y have chance to aquire new skills Say US good career progression About respondents Gender Country origin Female Finance Canada 9 UK 6 India 0 Education Telecoms Male Age Top occupations Expat Explorer Survey Expat Explorer Balancing life abroad 83

43 Practical steps towards a balanced expat life Here are some important insights and practical actions drawn from research findings expats to consider. Get most from your time Expats move abroad many reasons, but most popular are a new challenge (37), to improve ir quality life (37) and career development (6). Think about what you want from your time abroad and plan accordingly. Once you have moved, review how you feel about your new life and adjust it as necessary. Understand your employee benefits package Expat benefits packages vary greatly, though some benefits are more common. Over half (5) receive health and medical benefits, while a third (33) have accommodation allowances. Consider what you need to be comtable at home and effective at work. Dcuss th with your employer so your package can be tailored accordingly. If you don t have an employer, consider se questions too and make decions about what you need. 3 4 Immerse yourself Experiencing a eign lifestyle appeals greatly to expats. Nearly three in five (57) enjoy immersing mselves in local culture and 6 are integrating well. Experience local culture, scenery and people, wher that with or expats, local friends or on your own. Be prepared to change your traditional habits as you adjust to living abroad. Plan managing your money Nearly three-quarters (74) expats say at least one part ir finances has become more complex living abroad, wher that concerns new currencies, tax or moving money abroad. Ask or expats how y have dealt with se challenges and consider wher you need additional inmation or pressional advice with managing your money. Read more on what expats say about life in ir adopted countries and ir tips making most living abroad at 84 Expat Explorer Balancing life abroad 85

44 The research Expat Explorer an independent consumer research study into global expat views, commsioned by HSBC. It provides authoritative insights into expats attitudes, behaviours and opinions on financial and social aspects countries y live in. The findings are based on a global survey completed by,950 expats across world. The research was conducted online by YouGov in March, April and May 05. Global figures are average all countries and territories surveyed, unless orwe stated. Figures have been rounded to nearest whole number. All monetary values are expressed in US dollars (USD). An expat defined as an adult over age 8 years old who currently living away from ir country origin / home country. The league tables are calculated using responses to 7 questions asked in research. A minimum sample 00 expat respondents including at least 30 expat parents required a country to be included in league tables. Each league table scores countries on a scale zero to one, with highest score ranking first and lowest ranking last. All scores have been rounded to two decimal places in league tables. Expat Explorer overall league table The Expat Explorer overall league table ranks each country using a score that summares expats overall view country y live in. The Expat Explorer overall score average Economics, Experience and Family scores detailed below, covering 7 key criteria from survey. Economics league table Family league table The Family league table ranks each country using a score that summares expats views on nine sues concerning family life in ir adopted country. The overall score average scores se sues, weighted equally. These cover: Relationships - expats social life, wher y feel close to ir partner, how welcoming country from a diversity point view. Education and childcare - quality childcare, quality education, overall cost raing children. Impact raing children abroad - ir health and wellbeing, ease making friends, overall quality life. 39 countries or territories qualified league tables in Balancing life abroad Argentina Australia Bahrain Belgium Brazil Canada China Czech Republic Egypt France Germany Hong Kong India Indonesia Ireland Italy Japan Kuwait Malaysia Mexico Nerlands New Zealand Oman Philippines Qatar Russia Saudi Arabia Singapore South Africa Spain Sweden Switzerland Taiwan Thailand Turkey United Arab Emirates United Kingdom United States Vietnam The Economics league table ranks each country using a score that summares expats views on nine sues concerning a country s economy and its effect on expats. The overall score average scores se sues, weighted equally. These cover: Personal finances - earning prospects, level dposable income, level saving. The local economy - confidence in local economy, view on political stability, view on how easy it to start a business. Working life - prospects career progression, work/life balance, job security. Experience league table The Experience league table ranks each country using a score that summares expats views on nine sues concerning lifestyle y have in ir adopted country. The overall score average scores se sues, weighted equally. These cover: Lifestyle - local culture, expats physical health, quality life. The people around m - how safe expats feel, ease integrating with local people, ease ming friendships. The ease setting up - organing finances, organing healthcare, finding accommodation. 86 Expat Explorer Balancing life abroad 87

45 HSBC Holdings plc 05 All rights reserved. Excerpts from th report may be used or quoted, provided y are accompanied by following attribution: Reproduced with permsion from Expat Explorer Balancing life abroad, publhed in 05 by HSBC Expat. HSBC Expat a trading name HSBC Bank International Limited. HSBC Expat an award winning provider fshore financial services, with its head fice based in Jersey, Channel Islands. Or than as provided above you may not use or reproduce HSBC trademark, logo or brand name. Publhed by HSBC Expat, Jersey Furr inmation Expat Explorer survey tool: HSBC Expat website: Get involved Expat Hints & Tips: Blog: Facebook: Twitter: 88 Expat Explorer Balancing life abroad