Bahrain ranks among best countries to live and work

MANAMA: Bahrain is among the top 10 places to live and work globally, according to a new survey, with 87 per cent of expatriates saying their quality of life has improved since moving to the kingdom.

In the 14th annual Expat Explorer study by HSBC, Bahrain has jumped seven spots to rank eighth out of 48 markets globally with the overall quality of life being one of the key factors driving the country’s rise in popularity.

The vast majority (87pc) are experiencing an improvement that is supported by a better work/life balance (70pc), stability and return to normality (82pc) and very low concern for political instability.

Safety and security ranked high among most expats (79pc) stating that this has improved since their move to Bahrain.

Financial well-being has also improved with the majority of respondents (75pc) stating that their disposable income has increased significantly and has improved their ability to enjoy nice things (67pc).

Their financial well-being is also secure with more than half (57pc) feeling confident about the country’s economic stability and have little concern for drastic changes in policies that could impact it.

Chris Russell, chief executive of HSBC in Bahrain, said: “This year’s results are extremely encouraging and show the optimism and resilience of our expat community. It is an important measure of our expat customer base’s sentiment about the way they work and live, and helps us understand where we can support them in their financial management and growing wealth needs.

Source: https://www.gdnonline.com/Details/981046/Bahrain-ranks-among-best-countries-to-live-and-work