Why Singapore Beats New Zealand as Top Place for Expats

Why Singapore Beats New Zealand as Top Place for Expats

The city-state beat New Zealand to rank first in a survey of expat destinations for the second year running. Among nearly 27,000 expats in 190 economies, Singapore is the best place to live, work and raise a family abroad, according to the latest and ninth edition of HSBC’s annual Expat Explorer report.

While New Zealand came close to Singapore in most areas, what dragged down its ranking was economics — the category covering earnings and career prospects. New Zealand was rated 41st for personal finances in the survey, far behind Singapore’s eighth place under this metric.

No other Asia-Pacific economy made it to the top 10 overall ranking of expat destinations, with Australia, Hong Kong, Taiwan, Vietnam and Japan rounding up the top 20. The US placed 30th overall.


Expats in Singapore earn on average about US$139,000 (S$190,000) annually, 43 per cent more than the global average. Expats in Hong Kong are paid even more, at US$170,000. Switzerland is the top country for personal finances, with annual incomes averaging US$188,000.

The highest-paid expats live in Zurich, where more than two in five earn over US$200,000, compared with almost one-third in Shanghai.

Expats in Singapore are the most assured about the economy of their adopted country, with almost three-quarters saying they feel confident, compared with 52 per cent in the Asia-Pacific region.


Here is where New Zealand beats Singapore — in overall experience. New Zealand tops the category, which includes quality of life and ease of social integration, with Singapore coming in at fourth place.

Almost three-quarters of expats in New Zealand say they’ve achieved the goal of improving their quality of life, beating the global average of 52 per cent.

Expats consider Japan to be the world’s safest country, followed by Singapore and South Korea. More than eight in 10 expats living in Singapore feel safer than back home, compared with 52 per cent globally.


More than six in 10 expats working in Singapore believe it is a good place to advance their careers. Singapore ranks second behind Hong Kong. China, in seventh place, and India, in ninth, are the only two other Asian countries within the top 10. New Zealand is in 18th place.

About 58 per cent of expats in Singapore say it is a good place to start a business, beating the global average of 38 per cent.

London and New York attract executives looking to boost their careers. More than 70 per cent of expats in both cities say working there will improve their job prospects when they return home, surpassing the 46 per cent globally.


Sweden remains the best place in the world for families abroad, taking the top spot in the overall family category including school and childcare quality and cost of bringing up kids. Singapore is in third place and New Zealand in fourth. Taiwan, Thailand, Hong Kong and Australia round up the Asia-Pacific entries in the top 20.

Singapore’s quality of education is rated the best in the world. Among expats in Singapore, 75 per cent consider the quality of education there better than in their home country, compared with 43 per cent overall in the survey. New Zealand ranks eighth, followed by Japan in ninth place and Hong Kong in 11th. BLOOMBERG

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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