Wednesday 21 August 2019

Majority of expats see life quality improve in Ireland

Expat study: Alan Duffy, chief executive of HSBC Ireland. Photo: Mark Condren
Expat study: Alan Duffy, chief executive of HSBC Ireland. Photo: Mark Condren
Ellie Donnelly

Ellie Donnelly

Two in three overseas workers posted to Ireland by their employers have seen their quality of life improve since moving here, according to the 12th annual expat survey by HSBC Bank.

Meanwhile, almost three in four people who relocated have reported feeling welcome and secure.

This compares with the global average of 42pc and a European average of just 40pc.

When it comes to mental wellbeing, more than half of those surveyed in Ireland reported feeling less stressed and angry since moving to the country, 16 percentage points higher than the global average.

However, the high cost of living here was noted by expat workers, with one in four claiming to have less disposable income since they relocated to Ireland.

Despite this, the majority (51pc) said they had more money at their disposal in

Ireland, with more than 80pc attributing this to increased earnings.

Alan Duffy, chief executive of HSBC Ireland, said:

“The research clearly demonstrates that the drivers for moving and staying in Ireland are not just financial, but that people are increasingly prioritising their wellbeing and quality of life when

considering their next career move.”

He added: “International professionals are a vital asset to the multinational companies we work with, and these results confirm that Ireland is found to be an attractive and, most importantly, a welcoming destination.”

Overall, Switzerland was deemed the best place for expats to live, according to the report. It was followed by Singapore and Canada.

Ireland ranked 14th out of the 33 countries surveyed in the league table, climbing three places year-on-year.

Meanwhile, with Brexit looming, the UK fell to a position of 27th, from 20th  last year.

Online Editors

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