by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Expat Investor : January February 2009
EXPAT EXPATEXPAT Investor Serving expats for more than 20 years Serving expats for more than 16 yearswww.expatinvestor.com e than 17 years £4.95/ €7.50/US$7.50 £4.95/€7.50/US$7.50 Jan/Feb 2009 firstname.lastname@example.org June 2005 “There are those that you know you should read, and then there’s the magazine you will read.” In this issue 6 Where to invest in 2009 Experts point expats with investment portfolios in the right direction. 14 18 24 Healthcare A vital check-up on health news and views for the new year. Expat issues Read the news that’s impacting on your wallet. Best First person The Fry Group puts a relocation to Hong Kong under the spotlight. Regulars 10 Offshore funds 11 Investment news 12 Offshore savings 21 Property investment 22 Offshore mortgage market ? The UAE and the UK are the lowest-rated destinations for expatriate children. ? Expat children speak more languages and spend more time outdoors than in their country of origin. ? UK ranks as unhealthiest country to raise children. ? Finance centres are the most expensive places to raise a family. Bringing advisers and investors together Investor Serving expats for more than 17 years £4.95/ €7.50/US$7.50 www.expatinvestor.com A new survey reveals Spain, France and Germany are perceived to be the best locations for expats to raise their children. The findings, from HSB Bank International’s Expat Explorer survey, Offshore Offspring, questioned 2,155 expatriates across four continents. The report focuses on the challenges experienced by families raising children while living and working abroad. Expat parents were asked to rate their host country in five areas: ? time their children spent outdoors ? time their children spent studying ? cost of raising children ? number of languages spoken by their children ? whether their children would remain in the country. The UK and UAE were the lowest-rated destinations amongst the expats polled. Furthermore, when asked specifically about children’s health, the UK was judged to be the worst location health-wise to raise children, scoring poorly across all categories – playing sports, eating junk food, playing computer games and me&my easy option Enjoy a great rate and easy access. watching TV. India was judged to be the healthiest country, with Australia ranked a close second. Cost of raising children Spain, India and China are the cheapest countries in which to raise children, with half (55%, 50% and 50% respectively) of expats living in these countries reporting they experienced reduced costs for their children compared to their country of origin. The survey also revealed that finance capitals are the most expensive countries in which to raise children – over four-fifths (85%) of expats living in the UK said they found it more expensive to raise their children, followed by more than three quarters (79%) of parents in the UAE, and two-thirds (64%) of parents in Hong Kong. Outdoor Lifestyle Generally, expats experience a more active lifestyle away from home and this is reflected in the experiences of their children. Almost half (44%) of expats reported that their children spent more time outdoors in their adopted countries. The Mediterranean and countries with wide open spaces scored highly in this category – Australia came top of the table, where more than three-quarters (80%) of parents reported that their children spent more time outdoors, followed by Spain (59%) and France (57%). Academic improvement A third of parents overall said that HSBC Bank International’s largest global study of expatriate living reveals Spain, France and Germany are the best locations to raise a family. their children study more since becoming an expat, with more than half (56%) reporting that it remained about the same. Expatriate children in India topped the table, with two-thirds (67%) studying more so now than before, followed by children in France (57%) and Singapore (42%). Only 10% of expats reported a decrease in study time. Languages Children living in European countries learn the greatest number of languages. Spain had the highest percentages of expat children speaking languages, with almost all (94%) speaking two or more languages. Germany and France also ranked highly, with 87% of expat children also speaking two or more languages. In contrast, just over one-fifth (21%) of expat children in Singapore and Hong Kong (22%) picked up a new language. Overall, almost two- thirds (63%) of expat children speak two or more languages. The length of children’s stay Canada scored highly when parents were asked to nominate where their children would live once they had grown up. One-third of expats currently living in Canada believe their children will remain there and TOP RANKED COUNTRIES Rank Cost 1 Spain 2 3 China 3.50% eAccess2 Offshore internet banking for expatriates For more information from our advertisers or about products featured in Expat Investor enter the Fast Facts number onto the Reader Reply Service coupon on page 20 or go to: expatinvestor.com .. Internet Savings Account Gross/p.a. Languages Spain India Belgium France/Germany locations to raise expat kids Canadian expats themselves also have the highest percentage (43%) of countrymen who expect their children to return to their country of origin. Australian and New Zealand expats are also fonder of their homeland, with 42% and 38% of expats respectively believing their children are more likely to return home. Conversely, close to half (42%) of expats living in China believe their children will return to their individual countries of origin. “The expat community is so diverse and there are many factors that come into play when deciding to relocate to another country,” said Aaron le Cornu, Deputy Chief Executive Officer. “We have seen through this report that there are very different reasons behind a single expat’s choice to move when compared to those who have families to think about. Our third and final report still to come, Expat Experience, will examine another aspect to expat life and what many consider to be a pivotal factor – how easy it is to integrate in their new country.” To find out more about HSBC Bank International’s expatriate banking products and services, enquire through the fast facts number below. Fast Facts 22120 Outdoor Australia Spain France Study India France Singapore Longevity Canada US Germany .. Minimum balance only £1,000 . Deferred interest for tax planning Great for regular savings Apply online now at www.bbi.co.im Interest rates are effective from 23rd January 2009, variable and quoted gross % p.a. that is, without any deduction of tax. Monthly interest is also available at 3.30% gross p.a. (AER 3.35%). This account is only available to applicants over the age of 18 and is not available to UK residents. Bradford & Bingley International Limited, International eSavings Unit, PO Box 263, Douglas, Isle of Man IM99 2JJ British Isles. EU Savings Directive rules apply to EU resident depositors. It is the responsibility of the depositor to declare any interest received to their relevant tax authority. AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid to the account once a year. Bradford & Bingley International Limited is registered in the Isle of Man No. 052221C. Registered Office: 30 Ridgeway Street, Douglas, Isle of Man, IM11TA, British Isles. Licensed by the Isle of Man Financial Supervision Commission to take deposits. Fast Facts 22000 Interest available Annually, Monthly or Deferred www.expatinvestor.com To register for Expat Investor digital edition, visit the website at
March April 2009