Ever wonder how expatriates lives vary depending on where around the world they live? Do individuals in one country tend to have a more positive or negative experience than other expatriates? Are you moving abroad and what to know what to expect?
Now is your chance to further investigate the trends in the expatriate community around the world. The Expat Explorer survey is the largest independent global survey of expatriates around the world. This survey, now five+ years running, is becoming a reliable source of useful information for expatriates relocating overseas. Supported by HSBC Bank International, a sample of 4,127 expatriates spread out throughout 100 nations have been questioned on various topics including in regards to the economy, standard of living, finances, raising children, etc. Based on this information, they have been able to identify interesting trends:
- Belgium, Spain, France and Germany are top countries to raise children abroad according to the following combination of statistics: high quality and low cost of childcare, high health and wellbeing, time children spent doing outdoor activities, and low amount of junk food eaten, etc.
- Expatriates are spending less time abroad in their host country however many are traveling to other international destinations instead of returning home.
- Many expatriates are finding that they are earning more in one of the BRIC (Brazil, Russia, India, and China) countries as compared to in their home country. Not only this, but expatriates are also finding that they have better career opportunities in these fast growing countries as compared to back home.
- 57% of expatriates moved overseas because of money prospects and career opportunity. In fact, according to these statistics, 85% of the expatriate population relocated to Saudi Arabia because of career or money prospect. After Saudi Arabia, 83% of the expatriate community in Qatar, 76% of the expatriate community in Russia, 74% of the expatriate community in Philippines, and 74% of the expatriate community in United Arab Emirates moved overseas for money or career opportunities.
- After work and financial considerations, 55% of expatriates moved overseas in order to broaden their life experience, 25% relocated overseas because they were tired of the situation in their country of origin, and only 18% moved overseas because a current employer sent their employee overseas.