India Tough Country to Live in: Expats

By siliconindia   |   Tuesday, 10 January 2012, 00:26 IST   |    7 Comments
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Based on criteria’s such as income, house, cars, holidays, domestic help etc, that is segregated under ‘economies’ India ranked 16th, just behind United States. The best country under this parameter was Saudi Arabia while the worst was Italy.

The key finding from the survey were: money doesn't equal happiness for the global expat community; China was seen to be the most cost effective place to raise children while France topped the 2011 ‘Raising Children Abroad’ league table. It was also noted that a lower cost of living can lead to a luxurious lifestyle for expats in developing countries.

The other findings were that high flying expats are more likely to opt for international schooling.  The Financial Wealth and Security drives expats to Saudi Arabia as expat wealth continues to look east; UK expats benefit from a stronger economy than many European destinations, yet increased numbers are looking to return home. It was also seen that expats benefit from higher earnings but have more complicated finances; natural disasters shape expat economic outlook in Japan and New Zealand. It was noted that Expats in the Euro zone remain resilient in the face of economic deterioration, while those in the Middle East head home.

There are various reasons that make India a challenging place for expats. Living and working in the world's second-most populous nation could be hectic and challenging. Also, keeping in mind that drawing comparisons with the way things are done back home or in other countries is inevitable. Most expats encounter a culture shock in India or what seems more like being too ‘conservative’.