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Report concludes financial stability most important for expats
| Published: | 18 Oct at 6 PM |
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A global study of expats’ needs has concluded that financial stability is one of the most essential factors in expat confidence.
The TD Global Investor Confidence study polled over 2,000 UK and expat investors across the world, finding that 61 per cent of respondents stressed having no money worries as the most important factor in their lives in their new countries. Health came out second at 57 per cent, and having good friends was the third most crucial factor at 48 per cent.
33 per cent of working expats are concerned they may not have enough money for a comfortable retirement, and 22 per cent were worried they may not have enough if disaster strikes. A strong 30 per cent, however, said they don’t worry at all about lack of capital.
Amongst the employed expats polled, 35 per cent reported that their job gave them a feeling of security and confidence. 55 per cent agreed that a university degree conferred better job prospects overseas, although 23 per cent felt a university education was overrated.
According to Annemarie Jung, CEO of the expat-oriented Internaxx Bank, an investment arm of TD Company, it’s understandable that expats need to make sure they are financially healthy before changing their lives. She added the study shows that the majority plan for their retirement in a practical manner.
The TD Global Investor Confidence study polled over 2,000 UK and expat investors across the world, finding that 61 per cent of respondents stressed having no money worries as the most important factor in their lives in their new countries. Health came out second at 57 per cent, and having good friends was the third most crucial factor at 48 per cent.
33 per cent of working expats are concerned they may not have enough money for a comfortable retirement, and 22 per cent were worried they may not have enough if disaster strikes. A strong 30 per cent, however, said they don’t worry at all about lack of capital.
Amongst the employed expats polled, 35 per cent reported that their job gave them a feeling of security and confidence. 55 per cent agreed that a university degree conferred better job prospects overseas, although 23 per cent felt a university education was overrated.
According to Annemarie Jung, CEO of the expat-oriented Internaxx Bank, an investment arm of TD Company, it’s understandable that expats need to make sure they are financially healthy before changing their lives. She added the study shows that the majority plan for their retirement in a practical manner.
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