Jun 22, 2011
S'pore rises to No. 3 in expat relocation ranking
By Ian Poh
Top 10 destinations
THE top 10 in Cartus' Rankings of Top 25 Relocation Destinations last year (2006 ranking in brackets):
1. United States (1)
2. United Kingdom (2)
3. Singapore (7)
4. China (3)
5. Switzerland (4)
6. India (9)
7. Germany (5)
8. Hong Kong (11)
9. Japan (6)
10. Canada (8)
SINGAPORE was the third-most-popular place to relocate to worldwide over the last five years, according to Cartus Corporation.
This is an improvement over 2006's ranking of seventh and lifts the country above China, Switzerland and Japan in the relocation management firm's top 25 list, which is compiled every five years.
'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 the firm's head of Asia-Pacific operations, Mr Kenneth Kwek.
'Singapore has demonstrated strong resilience during the global economic crisis and many of our clients have chosen Singapore as part of their business expansion plans,' he added.
'Schooling and health care have always been key factors that our assignees and their families find attractive about Singapore.'
The number of relocations to Singapore also doubled from 2006 to last year, said Cartus.
Read the full story in Wednesday's edition of The Straits Times.