Expat family: the Netherlands is the new hotspot
The business bank HSBC interviewed nearly 30,000 expats about their experiences with and wishes for working abroad. This shows that working in the Netherlands is pleasant, because there is a lot of attention for the family here.
More than three-quarters (76%) of expat parents in the Netherlands say the health and wellbeing of children is better than it was at home. expat parents also praise the quality of education and childcare, with 72% and 65% respectively saying it is better than at home.
Last year’s winner, Swedem, ranks as the secong best country to raise a family. Nearly three-quarters (72%) of expat parantes rate the quality of childcare better than at home and 71% said the process of arranging a scholl for their children was straightforward.
Family, money and society make happy
Furthermore, the HSBC Expat Explorer 2017 list looks at economic opportunities and whether life is also a little fun. Daily expat life within the walls of a compound is not really conducive to happiness. Being part of society and getting acquainted with locals is just as important.
The Netherlands scores high on these three criteria and is this years fifth country in HSBC’s survey, rising nine places in one year. Just behind Germany, but overtaking Canada, Australia and even Switzerland.
Low salaries, good career opportunities
In economic terms, the Netherlands is not doing all that bad. Starting a business is easy and is encouraged by the government. And the career opportunities in the Netherlands are good.
However point of attention are the salaries of expats. These are lower than in Thailand or Turkey, for example. Switzerland is the country for the big(ger) money, with an average salary for expats at $ 193,000.
Due to our strict bonus policy in the financial sector, the salaries are lower here. It is a common argument why big London banks consider leaving Amsterdam after a Brexit.
And in regards to Brexit, the United Kingdom made a free fall on HSBC’s list placed at 22 last last year. The uncertainty for expats doesn’t do well for United Kingdom’s score, positioned in 2017 at 35.