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Financial Planning • August 04, 2021

How do these popular expat destinations compare to each other?

Hoxton Blog • How do these popular expat destinations compare to each other?

  • Financial Planning

It is often hard to escape the feeling that the grass is greener somewhere else, especially over the last year or so where we have all had very different existences compared to our typical life wherever we are and compared to people we know in other places who may have had more or less harsh restrictions imposed on them. As a result of this there has been a large number of people restructuring their lives. 

Many expats have returned home to be nearer to their families or to live in a greener location and just as many are relocating away. Some estimates say as many as 30,000 Brits have left the GCC in the last year and a half.  So, whilst it is a subjective decision people make, what do the current statistics say about where the best expat destinations to live are?

Data released this month that indexes a variety of factors provides some interesting insights into how life compares in different places. The study looks at pollution levels, commute times, crime levels, health care, purchasing power and property prices relative to incomes. Using this data, they can create an index for the quality of life.

Country Purchasing Power Safety Health Care Cost of Living Property Price to Income Ratio Commute Time Pollution Climate Quality of life
Switzerland 102.77 78.38 74.08 125.02 8.18 28.67 19.86 80.05 188.36
Netherlands 76.65 72.84 75.28 78.93 7.28 27.64 25.39 87 180.27
Australia 91.07 56.97 77.86 80.75 7.27 34.81 23.69 92.70 178.41
Germany 89.86 64.21 73.49 67.85 8.88 31.22 27.81 82.82 175.24
New Zealand 74.89 57.12 73.59 76.31 7.78 30.72 23.72 96.69 173.60
Oman 74.87 79.66 58.42 49.64 5.45 23.02 37.21 67.22 168.82
USA 94.32 52.19 69.11 70.55 4.04 32.87 39.26 77.49 163.60
Spain 58.50 66.68 78.85 56.64 9.22 29.28 39.73 93.65 163.48
Portugal 40.54 70.09 71.85 50.65 12.92 29.33 30.19 97.81 159.83
Canada 78.34 58.11 71.69 71.45 7.24 33.69 28.54 55.29 157.25
UK 77.47 53.93 75.11 70.64 9.46 34.40 40.10 88.21 156.94
UAE 84.93 84.77 68.22 58.94 4.49 36.23 49.93 45.23 156.94
France 76.36 48.01 80.56 77.59 10.04 34.79 42.17 90.41 153.60
Qatar 84.85 87.87 73.19 61.93 6.13 30.45 60.19 36.03 151.48
Singapore 78.53 72.04 71.23 82.63 17.63 41.23 33.14 57.47 146.48
Italy 54.30 55.15 66.99 69.99 8.76 34.04 54.06 91.48 137.77
Hong Kong 56.86 78.00 66.37 80.82 45.71 42.76 67.38 83.64 96.10

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Take home salary

If you are looking to relocate purely for financial gain, then some of the statistics above may not be that relevant to you. Some data from PwC was recently published that compared the take home pay in different locations after tax:

  • Thinking of moving?

    If you are thinking of relocating or returning home, you can view our selection of location guides that offer insights into life in different places or technical information regarding tax implications.

    If you’d like to know more about destinations or relocating, visit our Citizenship by Investment section.

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Hoxton Wealth

August 04, 2021

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