UAE rated highest for expat lifestyle, earnings and family stability

UAE rated highest for expat lifestyle, earnings and family stability

- Motivations to move see UAE ranked top for lifestyle, increased earnings, family stability, purchasing power and sustainable living conditions.

A chance to secure a better lifestyle is the top reason why people relocate to the United Arab Emirates, according to a new HSBC survey that highlights the motivations and challenges faced by those who take the decision to move abroad.

Lifestyle is the prime motivation for 36% of respondents who have relocated to the UAE – a proportion higher than any other global market surveyed – with expat life in the UAE rated most favourably compared to other markets for increased earnings (36%), family stability (34%), making money go further (37%) and the option of living in a more sustainable environment (30%).

HSBC estimates there are over 90 million* international customers across just 10 of its key international markets – people already living, working and studying abroad. 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.

Getting settled and getting help

Globally, the survey also uncovered some of the difficulties people face when moving abroad as 53%, for example, say they