Canada tops expat survey for best quality of life
While their
cost of living has increased compared to five years ago, the quality of life for most expats hasn’t reduced, according to the latest Quality of Life index from NatWest International Personal Banking.
Canada has the best quality of life for the third time since the index began and the United Arab Emirates has risen from tenth to sixth position while Portugal has dropped three places to ninth position in the rankings. New Zealand is second, Australia third and France fourth.
Expat financial confidence in Spain, Portugal and France has fallen but the quality of life abroad for seven in ten expats hasn’t reduced and they believe their decision to move abroad was the right one.
But expats have had to make some changes to their way of living as the impact of the global financial crisis bites. They are consciously managing their money more prudently and the number who are reducing their spending on luxury items has increased from 17% in the first year of the report to 44% now.
