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Expat Study Reveals Best Locations To Raise Children,
by Phillip Morton, Investors Offshore.com
Friday, October 10, 2008
HSBC Bank International today revealed that Spain, France and Germany are perceived
to be the best locations for expats to raise their children, according to the
findings of the second report of three in the Expat Explorer survey, Offshore
Offspring.
Expat parents were asked to rate their host country in five areas:
Time their children spent outdoors
Time their children spent studying
Cost of raising children
Number of languages spoken by their children
Whether their children would remain in the country
Spain, India and China are the cheapest countries in which to raise children,
with half (55%, 50% and 50% respectively) of expats living in these countries
reporting they experienced reduced costs for their children compared to their
country of origin. The survey also revealed that finance capitals are the most
expensive countries in which to raise children.
Almost half (44%) of expats reported that their children spent more time outdoors
in their adopted countries. The Mediterranean and countries with wide open spaces
scored highly in this category – Australia came top of the table, where
more than three-quarters (80%) of parents reported that their children spent
more time outdoors, followed by Spain (59%) and France (57%).
A third of parents overall said that their children study more since becoming
expats, with more than half (56%) reporting that it remained about the same.
Expatriate children in India topped the table, with two-thirds (67%) studying
more now than before, followed by children in France (57%) and Singapore
(42%).
Children living in European countries learn the greatest number of languages.
Spain had the highest percentages of expat children speaking languages, with
almost all (94%) speaking two or more languages.
The full report by HSBC Bank International gives the primary expat countries
the following overall rankings:
Spain
France
Germany
Canada
Singapore
US
Australia
India
China
Belgium
Hong Kong
Netherlands
UK
UAE
The survey questioned 2,155 expatriates living in over 48 countries, however
only countries with at least 30 respondents were analysed in the league tables.
.
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