Expat finances show resilience

clock

Expats are still better off financially, despite downturn in local economies says the latest Expat Explorer survey.

The latest findings by Expat Explorer survey by HSBC Expat - as the international bank is now called - shows that nearly all (97%) expats in Egypt believe that their economy has deteriorated since 2010, alongside 92% of expats in Bahrain and 80% of expats in Japan. Expats in these countries are also more likely than average to report that their local economy is weak: Egypt 77%, Bahrain 40% and Japan 40%. Despite this negative economic outlook, expats report that their own financial health in these countries remains resilient to the wider troubles. Egypt scores 2nd out of 31 in the Expat ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Offshore Investment

New awards will celebrate excellence in Channel Islands financial services

Entries now open - deadline for submissions 8 June 2016

Professional Adviser
clock 17 March 2016 • 1 min read

Who won at the International Fund & Product Awards 2015?

Canada Life International, Schroders, and Old Mutual International among winners

Professional Adviser
clock 08 October 2015 •

Revealed: Winners of the 2015 Fund Services Awards

Firms offering services to asset managers honored at gala dinner

Professional Adviser
clock 08 October 2015 •