Singapore loses top spot to Switzerland as best place for expats: Survey

Switzerland has knocked Singapore off its perch as the world’s top-ranked destination for expatriates.
 

The nation — home to some of the biggest private banks, commodity traders and pharmaceuticals companies — was judged the best place to live and work, according to a study published on Thursday by HSBC Holdings. Switzerland jumped from No. 8 last year as it garnered top marks for its earning potential and stability.
 

The average Swiss salary of $111,587 is 47 per cent higher than the $75,966 mean pay package across the 33 nations surveyed by HSBC in the 12th edition of their annual expat