In HSBC’s latest ‘expat explorer survey’ that covered 27,587 expats from 159 countries and territories in March and April this year, India moved up the global rankings by 12 places to take the 14th spot in terms of best country for expats to live and work in.
“India draws many expats for work and financial opportunities, but new arrivals here often find their family life improves significantly too,” the survey found. The country has also emerged among the top 10 countries among expats for professional development, reports Money Control. “The number of resident expats who recommend the country for career progression has increased by 12 percentage points since 2016 to almost 63 percent, placing it seventh in our ranking for career progression,” HSBC said.
48 percent of expat children easily made new friends according to their parents, ranking India third in the world for this parameter. With an average $176,408 gross personal income per year — one of the highest in the world — over 50 per cent of the expats said India is a good place to start a business.