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Research Tim Mullen - Expat Explorer Survey 2010 - HSBC Bank International, United Kingdom

Date received:
18/5/2010

Project type:
Online Survey - third year

Project title:
Expat Explorer Survey 2010

Date due:
6/6/2010

Seeking:
Expats – anybody over the age of 18 living away from the country in which they were born.

For:
HSBC Bank International http://www.offshore.hsbc.com

From:
Simon Cass, Account Executive, Hill & Knowlton http://www.hillandknowlton.co.uk

Format:
Online survey at http://www1.gfk-wi.com/wix/p76220993.aspx 15 minutes or less to complete.

Details:
World’s largest survey of expatriate living.

Media Release 17 May 2010

Expat Explorer returns again in 2010

Calling expats everywhere – make sure you have your say!

This week marks the third week of Expat Explorer 2010 – the largest global survey of expats – where expats from all over the world can have their say about life as an expat and the challenges and opportunities they face living and working abroad.

2010 is the third year of the highly insightful survey, which in 2009 saw over 3,100 expats participate from more than 50 countries across the globe, making it the largest independent survey of expats, worldwide.

This year, HSBC Bank International is calling for even more expats to take part to ensure that their adopted country makes it into the 2010 survey and features in the league tables published in the Expat Explorer reports.

“Expats from a huge range of countries took part in the survey last year, but we couldn’t feature some locations because there weren’t enough respondents to meet our statistical criteria,” said Lisa Wood, Head of Marketing and Communications at HSBC Bank International.

“We would love to have them involved in 2010 and that’s why we are asking expats from all over the globe to not only fill in the survey themselves, but to also pass it around to any expat friends, family and colleagues in order to make sure that their country doesn’t miss out again.”

The 2010 survey will continue to take an in-depth look at expat life, examining how this unique group experience new cultures, new lifestyles and, importantly, how they have been dealing with a new financial landscape as the world continues to recover from the global economic crisis. Last year’s survey found that a large percentage of expats had been strongly affected by the global downturn, with a higher number in the UK and US admitting that they were considering a move back to their home country.

Other key findings from the 2009 research included:

  • The US, Thailand and South Africa were the most affected by the global economic crisis
  • Emerging markets ranked above established centres for expat finances
  • Despite the economic crisis, expats were wealthier and saved more than in their country of origin
  • Canada, Australia and Thailand were the top three locations for expat lifestyle, with established markets in general outperforming emerging markets
  • Expats generally enjoy a better quality of life
  • Australia ranked number one for raising children, followed by Singapore and Hong Kong

“In 2009 we were given an excellent insight into how expats had been affected by the changes in the global economic climate, how they had adapted their lifestyles accordingly and also how there was a stark contrast between countries that offered strong prospects for an expat’s finances, and those that offered high quality of living,” said Lisa.

“If you’re an expat and want to find out how your country compares, how your expat counterparts have managed over the last year and even where you might want to go next, make sure you get involved today!”

If you’re an expat, please share your experience of life abroad by filling in the Expat Explorer 2010 survey at http://www1.gfk-wi.com/wix/p76220993.aspx.

Follow the updates and join the debate online:

Tweet at: http://twitter.com/expatexplorer

Share your experiences: http://expatexplorer.blogspot.com/

-ends-

Media enquiries to:

Tim Mullen
Hill & Knowlton
+ 44 (0) 207 413 3465
tim.mullen@hillandknowlton.com

Notes to editors:

About the Expat Explorer survey

The Expat Explorer survey, now in its third year, is the largest global survey of expats. Commissioned by HSBC Bank International and conducted by a third party research company, more than 3,100 expats took part in 2009.

Individuals from four continents described the opportunities and challenges they experienced living away from home. The survey provided an insight into how expat life differs from country to country, continent to continent and from an expats’ country of origin.

An expat is defined as someone over the age of 18 years old and currently living away from their home country (country of origin). The survey was designed to capture the views of the internationally representative expat population.

HSBC Bank International

HSBC Bank International is an award winning provider of offshore financial services, with its head office based in Jersey, Channel Islands. It also has representation in the Isle of Man, Dubai, Hong Kong, South Africa, Singapore and an affiliate office in London. Being a part of HSBC Holdings plc, HSBC Bank International has the experience to offer customers living and or working abroad, tailored offshore financial solutions.

For more information visit: http://www.offshore.hsbc.com

Ends/all

Keywords:

Contact:
Simon Cass
Professional & Financial Services
Hill & Knowlton
Direct Line: +44 (0) 207 413 3065
simon.cass@hillandknowlton.com

Tim Mullen
Hill & Knowlton
Direct Line: + 44 (0) 207 413 3465
tim.mullen@hillandknowlton.com

20 Soho Square, London, W1A1PR United Kingdom
http://www.hillandknowlton.com

Publish:
Please contact Tim Mullen for further information and research findings.

Last update: 5th June 2010

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