When it comes to being an expat there is no better place to set up home than the UAE, a new survey has confirmed.
The chance to secure a better lifestyle is the top reason why expats rate UAE living (we can’t say we’re shocked).
A new HSBC survey quizzed expats from around the globe on their motivations to move abroad with the UAE coming out top.
The results revealed that lifestyle is the prime motivation for 36 percent of respondents who have relocated to the UAE.
Expat life in the UAE is rated most favourably compared to other destinations for increased earnings (36 percent), family stability (34 percent), making money go further (37 percent).
It also came up trumps for the option of living in a more sustainable environment (30 percent).
The study was commissioned to understand how, post-pandemic, international citizens’ financial lives are evolving, their motivations for moving abroad and the issues they face as they settle into their new home.
How was the data collected? 7,177 interviews were conducted among adults aged 18+ who are currently living, working or studying abroad; or planning to do so in the next 12 months or returned from doing so in the last five years.
The sample also included parents or guardians of international students, and a sub-set of international investors who own at least one investment product overseas.
Interviews were conducted, across nine host locations: Australia, mainland China, Hong Kong, India, Singapore, UAE, UK, USA and the Channel Islands & Isle of Man.
We already knew there was no better place to live in the world.