Expat women in UAE highest globally to say the financial side of life most important incentive for moving away from home country
Qatar offers expat women the best financial rewards, with 57% earning more and 73% saving more
HSBC invites expats to participate and share insights about their life abroad for 2016 edition of the Expat Explorer Survey: https://start.yougov.com/refer/vysfh7HYcJdChF?&source=2
Dubai, UAE: As the world celebrated International Women's Day last week, newly released data from the 2015 HSBC Expat Explorer survey reveals that Qatar and the UAE rank as two of the best countries for work-orientated women. Nearly 10,000 expat women from 25 countries participated in the survey, with those in the UAE (58%) and Qatar (56%) being the highest globally to highlight that financial incentives such as income, savings and careers as the most important reasons for moving abroad from their home countries[1].
| The best countries for career-minded international women
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| Global average
| 1
| 2
| 3
| 4
| 5
| |
Percentage of expat women who rate the financial side of life as most important for expat life
|
35%
| UAE
58%
| Qatar
56%
| USA
45%
| Singapore
42%
| Hong Kong
42%
| |
Receive benefits from employers
|
62%
| Qatar
88%
| UAE
87%
| India
87%
| China
86%
| Thailand
85%
| |
Earn more than in their home country
|
31%
| Qatar
57%
| Switzerland 56%
| Hong Kong
52%
| UAE
40%
| Singapore
48%
| |
Save more than in their home country
|
46%
| Qatar 73%
| Thailand
67%
| China
63%
| Hong Kong
57%
| Singapore
56%
| |
Middle Eastern top the rankings according to expats' in terms of the financial rewards they offer. The survey shows that career-orientated women thrive in Qatar, which was chosen as the best country for both, increased earnings (57%) and a greater ability to save money (73%). Meanwhile, the UAE is also recognised under these categories as 4 out of 10 women (40%) said that they earn more here than in their home country, above the global average of 31%. Additionally, 54% highlight that they are able to put aside more money here. The financial benefits of living in the region are also apparent as expat women rank Qatar (88%) and the UAE (87%) as the best globally for the benefits they are provided by their employers.
Asian countries, nonetheless, rank the highest in terms of career development prospects for women. Nearly two thirds (63%) of female expats say Hong Kong is a good place for expats to progress their career, followed closely by China (59%) and Singapore (56%). Almost half (49%) of expat women in the UAE associate with this view, far above the global average of 38%.
Commenting on the findings and the opening of the 2016 survey, Gifford Nakajima, Head of Wealth Development, UAE and MENA, Retail Banking and Wealth Management, HSBC Bank Middle East Limited said: "It is extremely encouraging to see the UAE highlighted by women as a top destination for the financial incentives and career opportunities it offers, further showing why the country remains one of the most popular destinations globally. The annual Expat Explorer survey provides us with these unique insights and it also serves as a comprehensive resource for all current and prospective expats looking to leave their home countries. Not only can expats find out how the country they live in performs compared to other destinations, but they can also share the real life experiences of their peers.
With this in mind and as expats form an integral part of life in the UAE, we would like to hear from a greater number of you this year in order to better understand your perspectives on your lives abroad, and we invite all of you to participate in our survey."
HSBC calls all expats to say where is the best place to be an expat in 2016 by taking this survey now: https://start.yougov.com/refer/vysfh7HYcJdChF?&source=2
These findings are being released as HSBC's 2016 Expat Explorer survey opens to respondents: https://start.yougov.com/refer/vysfh7HYcJdChF?&source=2
Almost 22,000 expats took part in the 2015 Expat Explorer survey, including 2,000 in the UAE who ranked the country among the top 10 expat destinations in the world, and this year HSBC is looking for even more expats to share their experiences of living abroad.
If you're living or working abroad and are 18 or over, we want to hear about your experience to help other expats navigate the opportunities and challenges of life abroad. The 2016 Expat Explorer survey is open to all expats from now until 17 April, with the findings being released towards the end of the year.
-Ends-
The Expat Explorer survey opens on 7 March and will close on 17 April 2016.
Click here to take part in the survey:
https://start.yougov.com/refer/vysfh7HYcJdChF?&source=2
Expats can also take part in the survey or get the latest Expat Explorer updates on:
HSBC in the MENA Region
HSBC is the largest and most widely represented international banking organisation in the Middle East and North Africa (MENA), with a presence in 10 countries across the region. HSBC has operations in the United Arab Emirates, Egypt, Qatar, Oman, Bahrain, Kuwait, Lebanon, Algeria and the Palestinian Autonomous Area. In Saudi Arabia, HSBC is a 40% shareholder of Saudi British Bank (SABB), and a 49% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom.
This presence, the widest reach of any bank in the region, comprises some 267 offices and around 12,000 employees. In the first half of 2015, HSBC in the MENA region made a profit before tax of US$ 901m.
About the Expat Explorer survey and league table
The Expat Explorer survey is commissioned by HSBC Expat and conducted by YouGov. The last Expat Explorer survey was completed by 21,950 expats from 198 countries through an online questionnaire in March, April and May 2015.
[1] Rankings are based on countries with a minimum sample of 100 female expat respondents
Media enquiries to:
Farah Farooq
Natasha Maunsell
+971 56 6867337
+971 569 936903
farah.farooq@hsbc.com
Natasha.maunsell@hsbc.com
Ahmad Othman
+971 50 3069313
ahmad.othman@hsbc.com
© Press Release 2016
