Planning to Settle Abroad? Things You Must Know!

Expat life
13 Feb 2019
2 mins read
Written by Team Instarem
This article covers:

    Planning to settle abroad? Great!

    But what if the country you are planning to work doesn’t pay its expats well? Or, what if other fellow expats in that country do not recommend it?

    If you are going to think about this after leaving the airport and into the new country, there may not be much you can do. But if you are still contemplating on your plans, deciding where to move, and aren’t completely sure, you need to read further!

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    We have summarised years of research into one simple Infographic.

    So are you ready to find out the  ‘Most Favourite Countries’ for expats? Not just that, you might be surprised to know the ‘Top Cities that pay the most’. To make it more interesting, you can find out if your ‘Expat personality’ matches the Top 10 expat behaviours. Apart from this, the infographic will also give you a quick glimpse on important things to do, answers to find and problems to deal with before settling abroad

    Let’s find you, your Ideal City!

    From 66.2 million in 2017, the total expat population is expected to grow at a compounded annual rate of 7.2 % to 87.5 million in 2021.  While the Middle-Eastern island nation Bahrain maintained its first rank in ‘Top Expat Destinations’ list for the second consecutive year, Ecuador jumped from the 25th spot in 2017 to 3rd in 2018. On the other hand, 7 out of 10 countries maintained their position in the ‘Least Favorite Nations’ from 2017 rankings. While India was among the bottom 10 in terms of ‘Expat Destinations’, Mumbai has established itself as the ‘Top Paying City’ for Expats with an average salary of $ 217,200, comfortably ahead of second-placed San Francisco. Furthermore, Hong Kong was ranked the ‘Most Expensive City’ in 2018, in a list that saw 6 Asian cities in the top 10 including Tokyo, Singapore, Seoul, Shanghai and Beijing.

    You also got a glimpse on the major issues faced by expats, the preparation required before moving out and the different reasons why people live abroad. Now that we have compiled the research for you, when are you moving overseas to follow your dreams? 

    About Instarem

    Instarem stands at the forefront of international money transfer services, facilitating fast and secure transactions for both individuals and businesses. Our platform offers competitive exchange rates for popular currency pairs like USD to INR, SGD to INR, and AUD to INR. If you're looking to send money to India or transfer funds to any of 60+ global destinations, Instarem makes it easy for you. We are dedicated to simplifying cross-border payments, providing cutting-edge technology that support individuals and businesses alike in overcoming traditional fiscal barriers normally associated with banks. As a trusted and regulated brand under the umbrella of the Fintech Unicorn Nium Pte. Ltd., and its international subsidiaries, Instarem is your go-to for reliable global financial exchanges. Learn more about Instarem.