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FINANCIAL NEWS
GCC attains top ranking as expats’ main target
23 Jun 2016
(MENAFN) Gulf nations stay most favored place in the world for emigrants for enabling them greater ability to save with higher disposable incomes, in spite of the regional and global slowdown, based on the available data.
Additionally, the GCC keep on delivering the sturdiest and healthiest wealth creation dynamics globally in terms of higher salaries, better work incentives, not to mention a less complex environment to manage finances.
Countries in the GCC rank the highest in the world when it comes to expats being able to own extra property as a result of moving, thus they have singled it out for the chances it offers to put them on the right financial footing.
“We see that they are highlighting the growth in their disposable income and their ability to save as factors boosting their long-term planning capabilities,” said the Head of Regional Wealth Development at HSBC Bank Middle East Limited.
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