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.
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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.