HSBC Survey Says UAE, Singapore And US Are The Best Place

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HSBC survey says UAE, Singapore and US are the best place Jul 29, 2008
HSBC survey says UAE, Singapore and the US are the best places to become an expatriate

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The UK, France and Jersey lowest-rated destinations for expatriates’ lifestyle while UAE ranks high for ability to earn and save and Brazilian, Irish and Australian expats are the wealthiest, according to a report from HSBC

The UAE came second only to Singapore as the top place to live in the HSBC survey

HSBC Bank International said that the UAE, Singapore and the US are the best locations to be an expat, according to findings of its Expat Explorer survey, the largest international survey of expats ever conducted.


The UAE as been ranked the top destination for expatriates seeking a luxurious lifestyle, beating Australia, the US, Canada and host of European countries. The UAE also came joint second overall as top place to live.


Expat Existence, the first report in The Expat Explorer Series, ranked the top rated places to live based on expats’ living standards, an expat’s ability to earn and save, a country’s popularity (longevity), and the level of luxury experienced.


The Expat Explorer Survey questioned 2,155 expatriates across four continents, examining the opportunities, challenges and difficulties that come with a life away from home. This included how easy expats found it to integrate, how they viewed the changes in their lifestyle, and their children’s experiences in a new country.


Jersey at 15th, the UK at 14th and France at 13th were the lowest rated expat destinations in the survey, scoring low on their levels of luxury and accommodation. Spain and China also rated poorly, ranking 12th and 11th respectively. Australia featured 10th in the survey, scoring highly on levels of luxury, ability to earn and save and accommodation, but scoring lowly for longevity.


Luxury

The report also investigated whether expats’ lifestyles are more luxurious than the lives they left behind and how long people are choosing to stay living away from home. Countries were rated on a number of categories including access to private healthcare, access to more than one property, ability to own a pool and to employ staff, such as cleaners.


Across the 11 categories of perceived luxuries, on average expats reported an increase in eight of these factors, with employing staff ranked as the highest increase. The UAE was the most luxurious destination, with expats enjoying increases in 10 of the 11 categories, followed by Singapore and India. The UK was ranked the least luxurious with decreases recorded in nine of the 11 luxuries.


The UAE ranked third behind India, Hong Kong and Singapore, joint second, for ability to earn and save. Hong Kong-based expats have the highest salaries in the world, with 49 per cent earning more than $200,000 a year, with the highest paying professions in finance and management. Despite the current economic climate, expats spend more whilst still being able to save. More than half of expats spend more on food, 49 per cent more on shopping and 45 per cent more on socialising in their new country of residence and 58 per cent also invest and save more in their resident country.


Accommodation

Almost three quarters of expats living in Singapore said the quality of their accommodation had improved since moving away from home, the highest amount recorded in the study. This was followed by expats living in the US at 61 per cent and Belgium at 59 per cent. The UK was identified as the most expensive expat location for accommodation, with 85 per cent of expats living in the UK revealing that their living costs had increased. Only 19 per cent of respondents living in the UK stated that the quality of their accommodation had increased. India was the cheapest country, with only 21 per cent of expats living in the country claiming that their costs of accommodation had increased.


Europe is a popular destination overall for its longevity with 82 per cent of expats now living in the Netherlands having been there for three or more years, followed by Germany at 77 per cent and Spain at 76 per cent. Ireland and New Zealand have the greatest percentage of global travellers, with 80 per cent of respondents originally from both countries stating that they had been away from home for longer than three years.



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uaebadoo
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Jul 29, 2008
And you believe.....a bank!
Chocoholic
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Jul 29, 2008
Chocoholic wrote:And you believe.....a bank!


I know you dont like the fact that An arab Muslim Country is ranked better than UK, France etc, So just swallow it and be quite :lol:
uaebadoo
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Jul 30, 2008
uaebadoo wrote:
Chocoholic wrote:And you believe.....a bank!


I know you dont like the fact that An arab Muslim Country is ranked better than UK, France etc, So just swallow it and be quite :lol:



LOOOOOOO swallow it and be quite OOOOOOL that's funny, I don't know why she wouldn't, she and half of the UK are here !! and they are not leaving soon :)
I think they are starting to compete with the .......... and soon they ll be the one asking for a human rights and better construction companies accommodation.
firefingersx
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Jul 30, 2008
and apparently, UAE is not on the most-expensive-cities list

http://finance.yahoo.com/real-estate/article/105443/World's-Most-Expensive-Cities

(url function not working :? )
pinoy1
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Jul 30, 2008
I love surveys like this.

The Expat Explorer Survey questioned 2,155 expatriates across four continents

So, they really went to a lot of time and effort to come up with their figures.

Across the 11 categories of perceived luxuries, on average expats reported an increase in eight of these factors, with employing staff ranked as the highest increase

When you see that a report regards employing slave labour as one of the luxuries that propels one country as a more desirable place to live than another then you know the report holds little credibility.

As somebody once told me, "Statistics are like miniskirts, they only show what they want you to see"
CVB
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Jul 30, 2008
uaebadoo wrote:
Chocoholic wrote:And you believe.....a bank!


I know you dont like the fact that An arab Muslim Country is ranked better than UK, France etc, So just swallow it and be quite :lol:


hahaha not at all I think it's great! Are you kidding me? The UK sucks and we all know it, why do you think we all left.

However surveys like this don't really count for much, considering HSBC has millinos of customers worldwide and they only surveryed a couple of thousand, not really a good spread is it, lets be honest. Plus I suspect the people that were 'surveyed' were in the high income bracket, so of course it's going to come out like that.
Chocoholic
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Jul 30, 2008
this depends on the demopragphy of those interviewed,, and like chocs said, HSBC proly interviewed high income bracket only.
studstar
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Jul 30, 2008
There is simply no hope on you , you are plan ungrateful to what god gives you.
I mean for god sack an international bank did the survey , don't you think they ll do it in a proficiently way ? don't you think they care for their reputation ? who are you to question them?
You simply can not believe in something you are part of ? this is really weird !
And will you stop talking about this non sense slavery thing, no one care, believes nether hear to what you people are bla bal blaing.

Wake up guys and realize what is happing, we are on top.
firefingersx
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Jul 30, 2008
ern no you ain't honey bun! You've got along way to go, before this 'bubble' even comes close to reality!

And don't harp on about God to me either, I'll burst into flames!

HSBC might be a global bank - I bank with them, but they have their problems you know.

At the end of the day the survey is what it is, small demographic of a select few individuals, that's all. You wanna read more into it then go ahead! I will stay on the sceptical side.

I also find it quite amusing seeing other annual, independent surveys have different results.

Believe what you will, but you're a sucker for it, and you're not the be all and end all. Get down of your high camel and live in the real world would you! Oh I forgot you've never been to the real world!
Chocoholic
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Jul 30, 2008
Chocoholic wrote:ern no you ain't honey bun! You've got along way to go, before this 'bubble' even comes close to reality!

And don't harp on about God to me either, I'll burst into flames!

HSBC might be a global bank - I bank with them, but they have their problems you know.

At the end of the day the survey is what it is, small demographic of a select few individuals, that's all. You wanna read more into it then go ahead! I will stay on the sceptical side.

I also find it quite amusing seeing other annual, independent surveys have different results.

Believe what you will, but you're a sucker for it, and you're not the be all and end all. Get down of your high camel and live in the real world would you! Oh I forgot you've never been to the real world!




clean your hear and wish the best for all, where do you get all this hate from.. god.
is it bcz you are an english ? or is it we abused you to much up in here ?
firefingersx
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Jul 31, 2008
:roll:
Chocoholic
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Jul 31, 2008
FF, I'd have more respect for you, if you actually contributed to the forum, but you do not.

You have a fabulous opportunity to answer people's questions on here from a 'locals' point of view, yet you choose not to. All us expats answer all the queries and quesitons, which only leads me to believe once again, that you roam around wearing rose tinted glasses and have no real clue about what's going on here or anywhere else. You're gullible and believe everything that is spoon fed to you - my god! You're a robot!
Chocoholic
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Jul 31, 2008
Emiratis are like brothers to me. I totally support the notion of Emirates being one of the top few countries in world in terms of living standards.

But American and Singapore ranking high is bizarre. For sure if you're Muslim in America and an expatriate you're in deep trouble. This is documented by millions of muslims killed by Americans alone in last few years. This is biggest crime in last 8 years in whole world!

Singapore can not offer high pay for expatriates unless you're an anglophone or westerner. It's deemed necessary for you to be able to drink alcohol, abandon Islam, praise everything American (in Singapore - you heard it right), behave just like the most anti Islamic pro american westerner you can think of before you can earn high sums.

In Singapore, racism against third world citizens like Bangladeshis (our own), other nations is widely supported, accepted and part of the norm. That's why you will never hear of a widely successful Bangladeshi in any walk of life in Singapore. Bangladeshis don't go to Singapore if they're well off nor do Singaporeans think too much of practising apartheid openly against Bangladeshis/other third world citizens.

To me this report carries little credibility due to some of these reasons. I know Singapore and America quite well from inside, there's no reason this report can carry much credibility! :x
muslimbangladeshi
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Jul 31, 2008
Maybe they didn't ask muslim expats in America, or laborers in the UAE, or Bangladeshis in Singapore that's why the 3 are on top? :roll:
HSBC should have been more specific with the target of their survey like maybe indicating "best places for non-muslim westerners"? :wink:

2155 expats across four continents is a bit too thin of a data base for the survey to hold any credibility in my opinion.
pinoy1
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