Wednesday 17 July 2019

Spain Breaks into Top 5 on HSBC Best Countries for Expats List

Banking professional  Image: pexels.com
Banking professional
Image: pexels.com

Outside of his work in clinical research, Los Angeles resident Mark Paskewitz is dedicated to improving his language ability in French and Spanish. Mark Paskewitz practices his Spanish by reading articles from Spain-based news outlets and staying informed of current events in the country.

In the latest survey of foreign workers conducted by multinational bank HSBC, Spain ranked in the top five countries for expats for the first time. Spain beat out other popular destinations such as New Zealand, the United Arab Emirates, and Germany. 

The survey scores livability based on living standards, work-life balance, and career opportunities. Spain secured its spot due to high rankings in the areas of quality of life and benefits for families. Respondents also lauded the relaxed culture and stunning weather as major highlights. 

However, the country’s low salaries and limited job market landed it in 22nd place for career advancement. Foreigners in Spain earn around 50 percent less than the average expat.