Support The Moscow Times!

Russia Plummets on Ranking of top Destinations for Expats

Nikerichev Andrei / Moskva News Agency

Russia is continuing to nosedive on a ranking of top destinations for expats, dropping 17 places in the two years since it annexed Crimea and was slapped with Western economic sanctions.

HSBC Bank’s annual list of the world’s best places to live for expats this year ranks Russia 32 out of 46 countries.

The Expat Explorer has surveyed thousands of expats from nearly 100 countries for nine years to determine the most suitable country for foreigners to live in. Its three major criteria include quality of life, money-making opportunities and conditions for child-rearing.

The 10th annual Expat Explorer found Russia in 35th place in the quality-of-life category, 27th in terms of economics, and 31st under the family criterion. Last year, Russia ranked 17th overall.

The RBC business outlet on Wednesday noted the sharpest drop from last year was in the family category, which saw Russia drop from eighth to 31st place in one year.

It highlighted a sharp fall in the expats’ assessment of their children’s ability to foster relationships, access to pediatric healthcare and educational opportunities.

Singapore landed the top spot in the survey as the best destination for expats overall for the third consecutive year.

The survey was conducted by independent research company YouGov for HSBC Expat in March and April 2017. A total of 27,587 expats from 159 countries and territories took part in the online poll.

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.


Read more