third-best country in world for expatriates
Our UAE Correspondent
UAE has been ranked the third-best country in the world
for expatriates based on a host of parameters, including
finance, lifestyle and raising kids, according to HSBCs
Expat Explorer Survey.
The survey shows that the UAE ranks No 1 in the world when
it comes to the nicest cars being driven by expats and almost
a third of foreign workers in the country fall into the
top earners category, making it a lucrative move for them.
The UAE continues to be a good location for those
who enjoy the finer things in life, with expats here much
more likely to have access to luxuries than average (43
per cent v/s 32 per cent average). This could be a result
of the countrys rating in the Expat Economics Income
league table, with expats here being among the highest earners,
said the report.
According to the survey, the UAE ranks No 13 in the world
in terms of expat salaries, with about a third (29 per cent)
of expats earning more than $2,00,000 (Dhs 7,34,600).
The country ranks a high No 5 worldwide in terms of luxuries
enjoyed by expats, including driving nice cars, living in
bigger properties, more luxurious holidays, disposable income
and healthcare facilities etc.
As any expat with a family in tow will corroborate, the
cost of raising children, their education and the quality
of childcare available in the destination country are one
of the top-most concerns of an expat while making a move.
And the UAE fares very well on these parameters, with the
survey showing that expat children, especially find integration
much easier than their parents. This maybe because the UAE
is indeed a melting pot of cultures, with the country boasting
of more than 200 nationalities that live and work in the
Interestingly, children seem to find integration easier
than their parents, with the majority of expats reporting
that their children have settled in faster than they have
(59 per cent) and that their children are enjoying their
life overseas (81 per cent). Children also benefit from
better education and childcare, with the UAE ranking third
for both, shows the survey.
However, the countrys expats rank at the bottom (No
31 out of 31 countries surveyed) when it comes to making
friends with the locals, and dont fare well when it
comes to learning the local language.
Expats in the UAE continue to find integration a struggle.
They are the least likely to find it easy to make local
friends or learn/use the local language (43 per cent compared
to 75 per cent average), said the report.
Among the other findings of the survey are that expats in
the UAE typically relocate for improved career prospects
(70 per cent v/s 55 per cent average).
One of the key drivers of this seems to be the positive
outlook many have on the economy, with 57 per cent expecting
this to improve over the next 12 months, considerably higher
than the global average of 39 per cent, highlights
While UAE expats enjoy one of the best lifestyle standards
and finances, the top two slots in the survey go to Singapore
and Hong Kong, respectively.
The survey spoke to 3,385 expats around the world about
every aspect of living life abroad, including questions
relating to their finances, the impact of economic, political
and social factors and even how recent natural disasters
have affected their experience of living life as an expat.