A NatWest International survey of over 1000 British expats living throughout the world has revealed that Canada has the best quality of life on offer, with expats living in the country voting its resources, natural beauty and judicial system as the best in the world.
Within the forth-annual NatWest International Personal Banking Quality of Life Index 92% of British expats living in Canada rated their work environment as either “very good” or “excellent”. 90% of expats living in the country also rated their financial security in the same manner.
Discussing the results, Dave Isley, head of NatWest International Personal Banking said: “This is the second year Canada has topped the tables of the NatWest IPB Quality of Life Index. Its excellent working conditions, financial security and peaceful reputation have pushed Canada into this year’s pole position.
“As a member of the Commonwealth, Canada offers Brits common values and goals shared with the UK, helping British expats settle into the country and feel at home.”
Although there are currently over 6000 British expats living in Canada, there is one disadvantage to this country as an expatriate destination. Under the current British legal system expatriate pensions are frozen for British retirees who leave the UK. This means that many British pensioners are facing serious financial issues as they continue to endure rising living costs.
Elsewhere, the survey revealed that expatriates living in Hong Kong were likely to be drawing the highest salaries, with almost half (47%) of those surveyed in this part of the world earning over 100,000 GBP per year. Portugal saw the lowest salaries with just 5% of expats here earning a similar figure.
NatWest Personal Banking Quality of Life Index Top Twelve
- New Zealand
- South Africa
- The United States
- The United Arab Emirates
- Hong Kong