Tuesday, May 26, 2020

Singapore Takes Expat Crown For Another Year

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Expats have voted Singapore as the best place to live for four years in a row.

Expats say they are drawn to the tiny Asia-Pacific nation to progress their careers (45%), because they felt like a challenge (25%) and to improve the money they earn (38%).

With salaries averaging US$162,000, expats can expect an extra US$56,000 in their pay packets compared to the global average.

But money’s not everything, says the HSBC Expat Explorer survey for 2018.

Unique city

“This unique city is far more than just a financial district. With its tropical climate and multicultural population, more than a quarter of Singapore expats may have originally been sent by their employer (27%), but almost half (47%) have stayed in this safe, well-organised city and its lush, vibrant surroundings for the great quality of life it offers them and their family,” says the report.

“The kids are definitely alright here. Singapore is considered the best country or territory in the world for education, including among non-native children . Expats families here can rest easy knowing their move has done great things for their family’s present and future.

“All Singaporeans and expats alike live in urban areas but that doesn’t mean their health or wellbeing suffers. In fact, 60% of expat parents in Singapore say their children’s health and wellbeing is better here than at home.”

Where expats voted as the top places to live and work

Rank Country 2017 ranking Change
1 Singapore 1
2 New Zealand 2
3 Germany 3
4 Canada 4
5 Bahrain 9 +4
6 Australia 5 +1
7 Sweden 6 +1
8 Switzerland 8
9 Taiwan 12 +3
10 United Arab Emirates 7 +3
11 France 16 +5
12 India 10 +2
13 Indonesia 19 +6
14 Spain 11 +3
15 Malaysia 18 +3
16 Mexico 14 +2
17 Hong Kong 13 +4
18 Ireland 28 +10
19 Vietnam 23 +4
20 Russia 24 +4
21 Thailand 15 +6
22 United Kingdom 27 +5
23 United States 20 +3
24 Turkey 26 +2
25 Poland 21 +4
26 Saudi Arabia 29 +3
27 China 30 +3
28 Philippines 17 +11
29 South Africa 25 +4
30 Japan 22 +8
31 Brazil 31

Source: HSBC Expat Explorer

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