Singapore has been ranked the third most popular destination for expat relocation worldwide, behind the US and UK, according to Cartus Corporation’s Rankings of Top 25 Relocation Destinations for 2010.
“Singapore is one of the top expat destinations and this comes as no surprise, as the city-state has a reputation for attracting foreign investors, companies and professionals,” said Kenneth Kwek, Head of Asia Pacific Operations at Cartus.
The US and the UK are the two most popular destinations for expat relocation, while China and Switzerland took fourth and fifth place respectively.
Singapore’s ranking is a significant improvement over its 2006 ranking, where the country was in the seventh spot. Mr. Kwek noted that the country has “demonstrated strong resilience during the global economic crisis and many of our clients have chosen Singapore as part of their business expansion plans.”
“Schooling and health care have always been key factors that our assignees and their families find attractive about Singapore,” he said.
Meanwhile, according to Cartus, the number of relocations to Singapore has doubled from 2006 to 2010.
To contact the journalist, you may send your message to editor@propertyguru.com.sg