Monday 3 October 2016

Spain Second Best Place for Expats to Live According to HSBC Poll




Spain Second Best Place for Expats to Live According to HSBC Poll

Spain and the Costa del Sol continues to attract
expats looking for a better quality of life and a low cost of living.
If you want your experience as an expat to be one of fun, safety, and relaxation then you should definitely consider Spain. HSBC recently ran their latest Expat Explorer Survey and it showed that Spain was ranked second globally. Spain did particularly well when it comes to health, culture, the quality of life, cost of living and the Spanish social life.

Even though Singapore came first again Spain still showed that it was a country that was able to deliver things that matter to expats. They were ranked first when it comes to health and second on categories relating to the quality of life and the social life.

Spain came in 16th place overall out of the 66 countries included. Spain was let down it’s below average ranking in economic performance; especially career progression, wage growth, and job security.

Most people who are considering moving to Spain would feel that it ticks every box for them if they don’t need to work though. This is why retirees have always loved Spain, as have families who want access to great healthcare, a good climate, and a fun and varied social life.

The HSBC survey takes countries and ranks them across the three main categories of economics, experience, and family. Each category also has several sub-categories. Spain came in second overall in the Experience section (New Zealand came first), and did well in each sub-category including property, safety, integration, making friends, and culture. It also came in fifth in the Family category, with Sweden coming first. Spain performed well in tolerance, childcare, education and integration.

When it came to money Switzerland was king as over 30% of expats living in Switzerland earned over $200,000. The UK stuck to their reputation of being about as average as possible; coming in 20th and neither failing nor exceeding in anything. London itself at least performed well when it came to job prospects.

The data from this survey shows that there are three kinds of expats; there are those who move for work, those who move for family, and those looking for a higher quality of life. If family and life are what matter to you then Spain is the place for you.