Forget the US and Asia, the top 5 countries for expats are in Europe and the Middle East – Market Research Reports and Industry Forecasts | DPI Research

Get In Touch

Forget the US and Asia, the top 5 countries for expats are in Europe and the Middle East

Read More @

If you plan to embark on a new career move this year, you should try casting your eye to Europe or the Middle East. That’s according to a new report from HSBC, which found that the top five countries for expat workers were all outside North America and Asia.

Based on responses from 22,318 expats working in 163 countries, the report measured those destinations deemed best for international workers along a series of metrics — such as work/life balance, earnings prospects and career development. It found that select nations in the Europe, Middle East and Africa (EMEA) region scored most highly.

Strong salaries, positive work cultures, job security and personal fulfillment opportunities all enabled the region to jump forward in the bank’s annual list and gain the top spots. Notable expat destinations in Asia and North America — such as the U.S.Canada and Hong Kong — also made gains this year and appeared in the top 10. But Singaporesaw a drop this year, missing out on the top five to take its place among the final 10.

To determine the results, survey participants were asked to rate the experience of their new work location according to eight career-focused questions. Their responses were then converted into an overall country rating and compared to last year’s study. External factors, such as the economic and political climate, were not directly taken into account but may have influenced respondents’ ratings.

John Goddard, head of HSBC Expat, the offshore banking arm of HSBC Group, said the ranking could provide inspiration for those looking to boost their careers with a move overseas.

“The new year can often be a catalyst for considering where you are and where you want to be, particularly when it comes to your career,” he said. “There’s no ‘one size fits all’ but if you’re looking for career inspiration, it may be worth going beyond the borders of your home country to find the place where you can thrive at work.”