India jumps to 14th rank as best country for expats: HSBC Survey

Sep 29, 2017 10:08 IST
India jumps to 14th rank in HSBC Ranking

India jumped up the global rankings by 12 places to take the 14th position in terms of best country for expats to work in and live says a HSBC survey.

The ranking is a part of HSBCs latest expat explorer survey that covered 27,587 expats from 159 countries and territories in March and April this year. Singapore topped the HSBCs expat explorer survey.

The reasons which are attributed to the sudden rise of India in the list is strong ratings across a range of economic, experience and family measures.

The report said that India attracts many expats for work and financial opportunities, but new arrivals here often find their family life improves significantly too.

At the same time, the India has also emerged among the top 10 countries among expats for professional development.

The survey report said that the number of resident expats who recommend India  for career growth has increased by 12 percentage points since 2016 to almost two-thirds (63 per cent), placing it 7th in our ranking for career progression.

Government announces key Decisions for transforming Indian Railway

National Disaster Management Authority celebrates 13th Formation Day

Highlights of Survey

1.About 71% expats in the country reported high confidence in the Indian economy, while 58% exuded optimism on political stability. of the highest in gross personal income per year in the world with an average USD 176,408, over 50% of the expats said India is a good place to start a business.
3.Survey found that settling in India had improved family related issues for expats and India is now ranked 2nd in terms of bringing expat couples closer together.
4.Almost half (48%) of expat children easily made new friends according to their parents, ranking India 3rd in the world for this parameter.
5.In terms of Indians living as expats overseas, the survey found that their new host country offers many benefits with about 56 per cent of the respondents saying their new location offers good career.

Read more Current Affairs 

Read Monthly Current Affairs

Current Affairs 2017

Is this article important for exams ? Yes3 People Agreed
Read more Current Affairs on: HSBC , HSBC report , HSBC Survey , HSBC Expat report , HSBC India Ranking

DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

Latest Videos

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK