Switzerland top destination for expat workers

Switzerland is the most desirable location for British employees working abroad, according to research by HSBC

The HSBC Expat Explorer Interactive Tool is based on a survey of more than 9,000 expat workers. It revealed more than half (51%) of those who have moved to Switzerland report a better work/life balance since moving there.

Asia tops the list of destinations for financial wellbeing. Almost one-in-five (19%) of those who have moved East earn more than $200,000 (£124,000) per year, and 65% say they have more disposable income since moving.

In China, 38% earn more than $200,000 (£124,000) and 76% have more disposable income.

The Middle East is named as the top location for workers looking to improve their career prospects. More than half (56%) move to improve their job prospects and 35% to boost their earning potential.

HSBC head of expat Dean Blackburn told HR magazine the findings suggest companies are targeting "growth economies".

"They are looking to send employees abroad to these emerging markets for work, while expats pursuing better careers away from home are heading to the Middle East," he said.

Meanwhile, in a separate study released earlier this year, Luanda in Angola, N’Djamena in Chad, and Hong Kong were the most expensive locations for expats.