HSBC Survey: Expats Say Malaysia Offers Better Work-Life Balance

KUALA LUMPUR, Oct 11 (Bernama) -- About 78 per cent of expatriates say that Malaysia offers a good work and life balance, a friendly culture and lower costs for raising a child, the new HSBC Expat Explorer report reveals. In a statement, HSBC Bank Malaysia Bhd said this was slightly more than the expatriate average across Asia-Pacific of 72 per cent, but considerably more than other emerging economies such as the Philippines, where only 59 per cent of expatriates see their work and life balance stayed the same or improved. The bank said in the ninth edition of this annual survey, nearly 27,000 expatriates from 190 countries shared their thoughts and experiences of expatriate life, creating the 2016 Expat Explorer report titled “Achieving ambitions abroad”. Furthermore, it said, more than 35 per cent of expatriates in Malaysia said the overall cost of raising children was less expensive than it was in their home country, which was considerably more than the global average of 19 per cent and the average across Asia-Pacific 22 per cent. "Expatriates find it relatively easy to relocate to Malaysia. Nearly 66 per cent say finding accommodation is easy, well above the global average of 46 per cent. "Over 52 per cent say organising healthcare is easy in Malaysia, just above the 50 per cent average of expatriates across Asia-Pacific," it added. -- BERNAMA