What Were The HSBC Expat Explorer Survey’s Top 2021 Countries? – that will be the topic of today’s article.
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The HSBC Expat Explorer Survey is an annual survey that ranks countries based on how expatriates view their quality of life. The survey asks respondents to rate 43 different factors, such as affordability, job security, and the quality of the healthcare system.
The survey also found that quality of life is increasingly vital to expatriates, with nearly 60% of respondents saying that they moved abroad for a better quality of life. The average age has also increased, from 38 in 2017 to 41 in 2021.
However, while many people still view moving abroad as a risk, the survey found that more than half (57%) of respondents now say it’s a calculated decision. The 2021 HSBC Expat Explorer Survey has named the top 10 countries for expatriates. Besides, the survey encompasses all sorts of elements, for example, economic well-being, social life, and the environment.
If you’ve been surfing the web or making endless research to identify the best countries suitable for expats, worry less. The HSBC Expat Explorer Survey has all the answers you need. The study, released in recent times, ranked more than ten countries in different aspects that would matter for people living abroad.
Today, we have compiled this list for you. We will walk you through the ten countries that fared the best in the HSBC Expat Explorer Survey for 2021. Would you love to know what they are? Let’s explore!
Top 2021 Countries As Listed By HSBC Expat Explorer
In a recent study, HSBC Bank has released the best countries for expats in 2021. This report looks at a number of factors, including quality of life, affordability, and access to healthcare and education. Let’s take a look at each of these countries in more detail. In this section, we’ve selected some countries, although not according to the list. Without further ado, take a look at it below.
Germany came first on our list of the best country for expats in 2021. It is well known for its strong economy, excellent infrastructure, and high quality of life.
The cost of living in Germany is also relatively low, making it a popular destination for expats. Healthcare and education are both highly rated in Germany, and the country also offers a number of social benefits, such as paid parental leave and excellent pension schemes.
Singapore is known for its booming economy and high standard of living. It is a popular destination for expats because of its great job opportunities and excellent infrastructure. Singapore also has top-rated healthcare and education systems. The cost of living in Singapore can be expensive, but most expats find that the benefits outweigh the costs.
Canada came in third place on our list while among the HSBC expats category in 2021. It is a popular destination for expats because of its high quality of life, excellent healthcare and education systems, and diverse culture. The cost of living in Canada is relatively high, but most expats find that the benefits outweigh the costs.
Australia is another location for expat to live a comfortable lifestyle in 2021 and beyond. It is a popular destination for expats because of its great job opportunities, high standard of living, and diverse culture. Although living in Australia may be expensive, most expats discover that the advantages greatly outweigh the expenditures.
New Zealand has also made it the best countries for expats in 2021. It is a popular destination for expats because of its great job opportunities, high standard of living, and diverse culture. New Zealand’s cost of living may be high, but you’ll enjoy the advantages it has to offer. Refer to our post about living in New Zealand to understand better.
Sweden is one of the most popular countries in the world for expats, and it comes as no surprise that it has made it to the list of best countries for 2021. In fact, Sweden has been in the top 5 for the past few years.
It is a popular destination for expats because of its high standard of living, excellent healthcare and education systems, and diverse culture. The cost of living in Sweden can be expensive, but most expats find that the benefits outweigh the costs.
The Netherlands is another great place for expats to live in 2021. It is a popular destination for expats because of its high quality of life, excellent healthcare and education systems, and diverse culture. Although living in the Netherlands can be expensive, most expats find that the benefits outweigh the costs.
HSBC ranked the UAE among the best countries for expatriates in 2021. It is a popular choice for expatriates since it offers excellent employment prospects, a high standard of living, and colorful culture. You’ll definitely enjoy your stay in this country but bear in mind that the cost of living can be expensive.
When choosing the best expat countries to reside today, the benefits of choosing Bahrain cannot be overemphasized. This country has made a lot of strides in the past decade to position itself as one of the best places for people looking for international work and lifestyle experience.
Switzerland has also been selected to be among the best. This country is a favorite for many expats because of the high standards it offers in education, living, and employment. The cost of living is high, but it’s worth the investment.
Spain has been among the top 10 countries for expatriates for several years now and looks set to stay there. It offers a great lifestyle combined with excellent job prospects. The cost of living can be expensive, but it is worth it for the many benefits that Spain has to offer.
Why Choosing the Best Country to Resides
People often ask themselves this question when looking to move to a new country. There are many factors to consider when making this decision, such as climate, culture, economy, and healthcare. Here are some of the most important things to think about when choosing the best country to reside
One of the most important factors to consider when choosing a new home is climate. Do you want a warm climate year-round, or do you prefer cooler temperatures? Consider how the weather will affect your daily life. If you don’t like the weather in your current country, you’re not likely to be happy in a new country with the same climate.
When choosing a new home, it’s important to consider the country’s culture. Do you want to live in a country with a similar culture to your own, or do you want to try something new? Learn as much as you can about the country’s culture before making your decision. This will help ensure that you’re comfortable living there.
The economy is another important factor to consider when choosing a new home. Do you want a country with a strong economy or one that is experiencing some economic turmoil? Consider how the economy will affect your day-to-day life. If you’re not comfortable with the economy of a certain country, it may not be the best place for you to reside.
Healthcare benefits while relocating to a new country cannot be overemphasized. It is important to research the quality of healthcare in potential countries and also find out about the associated costs. Make sure that you will be able to receive the medical care that you need should you require it.
One of the most important factors for families with children is education. Do you want to live in a country with good public schools, or one with private schools? Consider the cost of education in each country and make sure that you are comfortable with the amount you will have to pay.
f) Quality of Life
The overall quality of life in a potential country is quite essential. Not only is it important to research the quality of life in terms of things such as safety, pollution levels, and food quality, but it is also important to take into account your personal preferences. Do you want to live in a big city or a small town? In the mountains or by the beach? Make a list of what is important to you and see which countries match your criteria.
g) Visa Requirements
One of the last things you want to worry about when moving to a new country is visa requirements. Make sure that you are aware of the visa requirements of any potential countries and how difficult they may be to meet. Some countries have stringent visa requirements, while others are more relaxed.
h) Cost of Living
The cost of living can be a major factor in deciding where to live. Make sure that you know the cost of living in each potential country and how it will affect your day-to-day life. Some countries are more expensive than others, so make sure that you are comfortable with the cost of living before making your decision.
i) Language Barrier
If you do not know the language of the country you are moving to, you may experience some difficulties. Make sure that you are comfortable with the language barrier before making your decision. Some countries have multiple languages spoken, while others only have one.
One more thing to consider is the weather. If you do not like the temperature in your current country, make sure that the weather in potential new lands is to your liking. The weather can be a major factor in deciding where to live.
Step-by-Step Guide to Moving Abroad
When it comes to moving abroad, there are a few key things you need to take into account before making the leap. This ultimate guide will help you plan your move and ensure everything goes as smoothly as possible. Are you still wondering how? Let’s get started!
Do Your Research
The first step is to do your research and figure out where you want to go. There are lots of different factors to consider when choosing a new home country, so make sure you weigh up all the pros and cons before making a decision. As we’ve mentioned above, it’s essential to consider those factors to get an idea of what you’re getting yourself into.
Once you’ve decided on a destination, start getting organized. You’ll need to gather all the necessary documents and paperwork required for moving, as well as packing supplies and enough money to cover your expenses. Some essential documents include; your passport, visa (if required), birth certificate, and driving license.
Make a Plan
Now it’s time to make a plan. Decide what order you want to do things in and create a timeline of events. This will help you stay on track and avoid any potential headaches down the road. Besides, you won’t want to spend your entire time in limbo leading up to the move.
Book your Fight
The next step is booking your flight. Make sure to give yourself plenty of time to arrange everything else correctly, and remember to check visa requirements for your destination country. If possible, you can also try to get a job lined up before you go. That way, you’ll have some structure and purpose to your days as soon as you arrive.
Sort out Your Accommodation
Once you’ve landed, the next thing to do is find accommodation. There are lots of different options available, so take your time and choose something that fits both your budget and lifestyle. Would you love to reside in the city, village or countryside? The decision is yours, so make sure to pick what feels best for you.
Set Up Bank Accounts and Utilities
Once you’ve found a place to live, it’s time to set up your bank accounts and utilities. This can often be a daunting task, but with the help of this guide, it should be a little bit easier. However, always be sure to read the fine print and ask lots of questions. A stroll to our previous content about opening a bank account in a new country will also help you.
Get Settled In
Finally, it’s time to get settled in! Take your time exploring your new home and meeting new people. And before you know it, you’ll be calling yourself a bonafide expat. In fact, you can join expat communities and learn the local language to help you feel at home.
Expat Lifestyles: Growing Global Confidence
Living as an expat can be a rewarding experience, both personally and professionally. As the world becomes more interconnected, the opportunities for expats to live and work abroad continue to grow.
The growing global confidence has led to a rise in the number of people choosing to expatriate. In a 2017 survey by HSBC, one in five respondents said they planned to move abroad in the next two years, up from one in 10 in 2016.
This trend is varied but often boils down to a desire for new experiences and opportunities. Professionals looking to expand their skills and networks may find that moving to a new country is the best way to do that.
For some people, the draw of an expat lifestyle is purely recreational. They may enjoy the challenge of living in a foreign country and discovering new cultures. Whatever the reason, there are many benefits to living as an expat. Here are just a few:
i.Increased Flexibility and Freedom
One of the main advantages of being an expat is flexibility and freedom. You are not tied to one place and can move around as you please. This can be a great advantage for people who want to travel or explore new cultures.
ii.Improved Work/Life Balance
Work demands can often be overwhelming, but when you’re living as an expat, that pressure is lifted a bit. Since you’re not tied to one place, you can easily take time off to travel or spend time with family and friends. Moreover, you may find that the work-life balance is better in your new location.
Living in a foreign country can give you access to opportunities that wouldn’t be available to you at home. Whether finding a new job or networking with people in your field, an expat lifestyle can open up new possibilities. In fact, you may find that you’re more successful in your career when you’re living abroad.
iv.Improved Language Skills
Living in a foreign country provides plenty of opportunities to practice your language skills. This can be especially beneficial if you are looking to learn a new language. Not only is that, but you will also be able to see the culture in action. That’s why many people believe that the best way to learn a language is to move to a country where it is spoken.
v.Increased Sense of Adventure
The world is a big place, and there are endless opportunities for exploration. When you’re living as an expat, you get to experience all that the world offers. In fact, you may find that you’re more adventurous than ever before. So, if you’re looking for a bit of excitement in your life, an expat lifestyle may be just what you need.
Frequently Asked Questions about Expat Lifestyles
What are the benefits of an expat lifestyle?
There are many benefits to living as an expat. Perhaps the most obvious benefit is that you get to experience life in a new country.
This can be a great way to learn about new cultures and customs. Additionally, expats often have access to better job opportunities and higher salaries than they would in their home country. And finally, living as an expat can be a lot of fun – you get to explore new places and make new friends.
What are the challenges of an expat lifestyle?
Living as an expat can also come with its challenges. One of the biggest challenges is often adjusting to a new culture and learning the local language. Additionally, living in a foreign country can be expensive, and it can be hard to make friends.
How do I know if an expat lifestyle is right for me?
The best way to find out if an expat lifestyle is right for you is to try it. Travel to a few different countries and see what feels most comfortable for you. Talk to other expats and get their advice on what to expect from different countries. And finally, don’t be afraid to ask questions – the expat community is often happy to help.
Can I still maintain my ties to my home country?
Yes, you can maintain your ties to your home country while living as an expat. In fact, many expats choose to keep their home country as their primary residence and only spend a few months or years in their host country. This allows them to maintain their cultural connections while still enjoying the benefits of an expat lifestyle.
What are some of the best countries for expats?
There is no one answer to this question since what is suitable for one person may not be right for another. However, some of the most popular countries for expats include Thailand, Mexico, Spain, and Portugal. Each of these countries has its own unique culture and offers a different set of benefits and challenges to expats.
Where can I find more information about expat lifestyles?
Many resources are available for people interested in learning more about expat lifestyles. The best place to start is with the embassies or consulates of the countries you are interested in.
They often have information on their websites about the culture and customs of their country, as well as tips for adjusting to life there. Additionally, navigate this website often and other expat communities where you can exchange advice and experiences.
There are many countries suitable for expat to reside. According to the HSBC Expat Explorer Surveys, you’ll never regret moving to these countries in 2022 and beyond. Would you love to make a move now? Refer to the information in this article to see if your dream destination is included in the list!
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