However, money is not the only consideration for expats. Switzerland may have topped the expat income charts, but ‘economics’, ‘experience’ and ‘family life’ were factored into the equation it was placed behind Singapore, New Zealand, Germany, Canada, Australia, Bahrain and Sweden.
Sweden’s appearance on the list is no surprise. For expats in Sweden, wealth management options are just one of the country’s many draws; it is also one of the leading places in the world for gender equality and came in at first place in terms of the opportunities for family life.
The study revealed that, globally, women still face more professional and wealth management challenges than men. Although becoming an expat increases a woman’s income by nearly 30 per cent, the income of expat women was still lower than their male counterparts by around USD42,000. However, in Sweden, this expat wealth management gender disparity was not so marked.
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This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
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