CANBERRA (Reuters) - Looking to work overseas? Head to Canada, Australia or Thailand, according to an annual global survey which found recession-hit Britain was one of the worst locations to live for expatriates.
The second annual Expat Experience survey, commissioned by HSBC Bank International, revealed that expats in Canada have the best quality of life and found it among the easiest places in the world to integrate with the local population.
Australia and Thailand also came in the top three in the survey of 3,146 people working in 30 different industries and 50 countries, even though Thailand was one of the countries worst-hit by the recession for expats.
"We have seen that there is a distinct trade-off between income and overall quality of life, as many of the top performers ... scored toward the bottom of this report's league table (of the best places to make and save money)," said Betony Taylor, spokeswoman for HSBC Bank International.
"What is clear is that the locations where salaries may not be as high, such as Canada and Australia, are where expats are really enjoying not only an increased quality of life but are also finding it easy to fit in to their new communities."
Last year Germany, Canada and Spain were the top three countries deemed to have the best lifestyle for expats.
This year Britain was one of the lowest ranked locations when it came to lifestyle after being named as one of the most expensive places for expats with the recession taking its toll.
About 44 percent of expats in Britain are considering returning home, compared with only 15 percent of expats overall.
About 41 percent of expats in Britain find it difficult to find somewhere to live, most find the quality of their accommodation drops after moving to Britain, and a third claim their health has deteriorated since moving there.
"Despite this, the UK does hold the crown for being expat entertainment capital of the world, with over half (58 percent) of expats in the UK saying that the quality of entertainment had increased," said Taylor.
She added that 62 percent of expats also said that employment prospects were the main reason keeping them in the region.
Results from a different section of the survey, which was conducted by research company FreshMinds, released earlier found Russia was home to the highest proportion of expats earning more than $250,000 with 30 percent of international workers there banking that amount, followed by Hong Kong and Japan.
The lowest-paid expats live in Australia and Belgium with the majority -- 63 percent and 61 percent respectively -- earning less than $100,000.
© Thomson Reuters 2009
Source: www.working.com
Aging workforce, lack of immigration threaten Atlantic region
Financial PostNovember 26, 2009
OTTAWA — All those years of watching the cream of its youth go west for better opportunities has left Atlantic Canada in a bit of a pickle, according to a report by the C.D. Howe Institute.
In a report titled Stress Test: Demographic Pressures and Policy Options in Atlantic Canada, the think-tank says it will take "courage and imaginative approaches" to ride out the storm that looms if the provinces are not able to attract enough immigration to offset the rising costs of dealing with an aging population.
While the quaint, small-town charm of the Atlantic provinces is attractive to tourists, it is less so to the region's own educated citizens and migrants from other provinces and abroad, the report suggests.
The region's population is 8.3 per cent rural, according to authors Colin Busby, William B.P. Robson and Pierre-Marcel Desjardins, compared with 2.6 per cent in most of the rest of the country outside of Manitoba and Saskatchewan. While rural areas tend to have a better hold on the people already living there, cities are far more successful at attracting fresh blood.
"The scarcity of population-attracting large urban centres in the region is a sobering fact for those hoping to address Atlantic Canada's demographic pressures through large inward flows of migrants," the report says.
"Without large future increases in output per working-age person in the Atlantic provinces, a shrinking workforce — which may be the case as soon as 2010 — will dampen future economic growth," the authors conclude. They urge an early start to preparations on many fronts — migration, education and skills training, investment and fiscal programs — to make sure the region continues to prosper.
One way to mitigate the future costs of health care would be to establish a Canada Pension Plan-style of pre-funding for health programs, the report suggests.
Governments will have to enact policies to maintain the area's standard of living, including rules to allow better labour-market participation incentives and labour-force flexibility; promote training to improve skills and literacy; improve the school system to fuel growth and better match graduates' skills to employers' needs; attract and retain new migrants in the workforce; and contain rising program costs.
One way to increase workforce participation, the report says, is to remove the regional application of EI benefits, which it says encourage workers to stay in the Atlantic region when they might have better prospects elsewhere and also leads to skills degradation in workers who are unemployed for extended periods. Another is to keep workers on the job longer, perhaps by increasing the CPP entitlements for people who retire later than 65.
Source: Canada.com
OTTAWA — All those years of watching the cream of its youth go west for better opportunities has left Atlantic Canada in a bit of a pickle, according to a report by the C.D. Howe Institute.
In a report titled Stress Test: Demographic Pressures and Policy Options in Atlantic Canada, the think-tank says it will take "courage and imaginative approaches" to ride out the storm that looms if the provinces are not able to attract enough immigration to offset the rising costs of dealing with an aging population.
While the quaint, small-town charm of the Atlantic provinces is attractive to tourists, it is less so to the region's own educated citizens and migrants from other provinces and abroad, the report suggests.
The region's population is 8.3 per cent rural, according to authors Colin Busby, William B.P. Robson and Pierre-Marcel Desjardins, compared with 2.6 per cent in most of the rest of the country outside of Manitoba and Saskatchewan. While rural areas tend to have a better hold on the people already living there, cities are far more successful at attracting fresh blood.
"The scarcity of population-attracting large urban centres in the region is a sobering fact for those hoping to address Atlantic Canada's demographic pressures through large inward flows of migrants," the report says.
"Without large future increases in output per working-age person in the Atlantic provinces, a shrinking workforce — which may be the case as soon as 2010 — will dampen future economic growth," the authors conclude. They urge an early start to preparations on many fronts — migration, education and skills training, investment and fiscal programs — to make sure the region continues to prosper.
One way to mitigate the future costs of health care would be to establish a Canada Pension Plan-style of pre-funding for health programs, the report suggests.
Governments will have to enact policies to maintain the area's standard of living, including rules to allow better labour-market participation incentives and labour-force flexibility; promote training to improve skills and literacy; improve the school system to fuel growth and better match graduates' skills to employers' needs; attract and retain new migrants in the workforce; and contain rising program costs.
One way to increase workforce participation, the report says, is to remove the regional application of EI benefits, which it says encourage workers to stay in the Atlantic region when they might have better prospects elsewhere and also leads to skills degradation in workers who are unemployed for extended periods. Another is to keep workers on the job longer, perhaps by increasing the CPP entitlements for people who retire later than 65.
Source: Canada.com
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