Singapore has been overtaken by Switzerland as the best place in the world to live and work for expatriates but remains the best destination for families.
Singapore is also the only Asian city that is ranked in the top three of the HSBC Expat’s Annual League Table of Best Places to Live and Work 2019, ahead of key international cities in Australia, Germany and the UAE.
The 12th global survey, released yesterday, is designed to explore the attitudes, opinions and experiences of people living overseas.
Switzerland climbed to the top spot for the first time ever, a jump from eighth place last year. This was due to the quality of life, highly competitive salaries, and stunning surroundings.
Meanwhile, Singapore remains the best destination for those relocating with children. Its biggest draw for expat families is its safety and clean environment. 85 per cent of expats “feel safer and more secure” in Singapore and appreciate the “very clean and safe public spaces” that the country offers. These scores are significantly higher than the global average of 48 per cent and 41 per cent respectively.
Singapore also scored significantly higher than the global average when it comes to having an “excellent education system”, and being “a good place to raise children”.
“Our study shows that Singapore remains an attractive destination for expats especially if they are looking to build a long term career while raising a family,” said Ian Yim, Head of Wealth & International, HSBC Bank (Singapore).