UAE and Oman rise, other Gulf states fall in HSBC expat ranking

      Published on Wednesday, 18 October , 2017      7 Views      Comments Add Comment
UAE and Oman rise, other Gulf states fall in HSBC expat ranking

  • Gulf News

The UAE has climbed two places to enter the top 10 of HSBC’s 2017 Expat Explorer Survey but the majority of its Gulf peers saw their rankings decrease.

Data from 235 expats in the UAE, of 27,587 surveyed globally on economics, experience and family, showed more than half (56 per cent) moved to the country to improve their earnings and 92 per cent had succeeded compared to a global average of 78 per cent.



The country also beat the global expat average salary of $100,000, with the average annual gross personal income in the emirates standing at $127,197.

HSBC said the country had seen a 10 per cent increase in the number of expats who said their earning potential in the UAE was better than their home country, ranking the UAE fifth in earnings potential.

As a result, 66 per said they could save more than back home and 68 per cent said they had more disposable income.

In addition, 72 per cent of expats in the country were found to own property compared to 62 per cent globally, 75 per cent said they felt safer in the country than back home and 85 per cent expressed confidence in the country’s political stability.

Instead the chief concerns for respondents included job security at 42 per cent, compared to a global average of 21 per cent, and tax increases – cited by 44 per cent compared to a global average of 23 per cent.

This was likely due to redundancies linked to the economic slump in the Gulf over the past two years and the upcoming implementation of value added tax in 2018.



http://gulfbusiness.com/

Keywords:
Category Gulf News, Oman | 2017/10/18 latest update at 7:00 AM
Source : | Photocredit :
8 Views
Comments Add comment



Related Articles

The editorial staff of Qatar Today would like to give all of its readers from Gulf and Qatar and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Qatar Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Qatar, the Gulf and the world.

Latest Comments


Qatar’s emir receives invite from Saudi king to attend Gulf Arab summit Emir

Qatar’s emir receives invite from Saudi king to attend Gulf Arab summit

Qatar’s emir, Sheikh Tamim bin Hamad Al Thani, has received a written invitation from Saudi Arabia’s King Salman…

Turkey’s Erdogan hails Qatar emir as ‘friend in times of trouble’ Emir

Turkey’s Erdogan hails Qatar emir as ‘friend in times of trouble’

Turkey’s president hailed close ally Qatar as a “friend in times of trouble” as he met with the…

Amir to take part in first Paris Peace Forum Emir

Amir to take part in first Paris Peace Forum

The Amir His Highness Sheikh Tamim bin Hamad al Thani will take part in the first Paris Peace…

Amir meets External Affairs Minister of India Emir

Amir meets External Affairs Minister of India

The Amir H H Sheikh Tamim bin Hamad Al-Thani met External Affairs Minister of India Sushma Swaraj and…

GULF TV

Popular in GULF TV

About DFI

882 Views

Doha Film Institute is dedicated to film appreciation, education, and building a dynamic film industry in Qatar that…

Latest videos in GULF TV

100 Views

PEARL QATAR

Events

Qatar Events

Lifestyle

Life

Culture

Culture News

Sport

Sport

Science & Technology

Science & Technology

Government

Government News