HSBC Bank International Expat Explorer Survey 2009
Country Report: United Kingdom
Overall ranking: 19th out of 26
Increased savings: 24th out of 26
IIp18-22_0709.qxd 24/7/09 17:41 Page 4
Luxuries: 16th out of 26
Income: 10th out of 26
Disposable Income: 19th out of 26
Hit hard by the crunch, many are heading home
20 | HSBC Survey
Expats in the UK generally have lower incomes, with 20% of expats in the UK earning $60,000 or less.
Expats in the UK also have less disposable income than their counterparts elsewhere, experiencing a
much higher increase in the cost of accommodation than expats moving to other regions (79% compared
with 48%). In fact 86% rank this as their greatest expenditure. In response to the economic crisis, three
quarters of expats in the UK (75%) have scaled down their spending on essential day-to-day items. Almost
K D O I W K H K L J K H V W U H F R U G H G ¿