Image Source:
Creative Commons/SuperStriker 2
Singapore leads the
way in Expat Economics
First place on this year’s Expat Economics league table goes to Singapore.
Surrounding countries weren’t far behind with Thailand (3rd),
Hong Kong
(4th), China
(7th) and Vietnam (10th)
all earning their place in the top ten indicating that Southeast Asia has fast
become a hotspot for wealthy and ambitious expats.
Singapore
holds the largest proportion of wealthy expats of any country in this year’s
survey. A staggering four fifths of expats here found that their disposable
income had increased since relocation. The country isn’t alone as expats in Hong Kong, Malaysia and China all reported
a boost to their finances.
Despite a positive
outlook, expats in the Middle East move on fast
Expats in the Middle East are satisfied with
the state of the economy and many reported that they are better off
financially. However despite economic benefits, many expats are still intent on
leaving the region.
Roughly one third of expats in Saudi Arabia,
Qatar and Oman are actively
looking to leave their current country either for another posting or to return
to their home country, compared to just over one in ten globally.
Southeast Asia is fast becoming an all-round
top expat destination. Have you moved to Southeast Asia, and if so, what do you
like about it?
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Posts
It is little surprise that the countries of South East Asia dominate the expat survey for both economics and experience. These countries have vibrant economies in stark contrast to the rather tired nations of the west.
ReplyDeleteExpats in Asia in most income brackets can live a comfortable life. It is also noticable that people here smile more too :)