Bloomberg: Brexit drags UK below Turkey and Poland in expatriate ranking

27 September 2017

The UK dropped behind Poland, South Africa and Turkey to 35th in HSBC’s annual rankings by expatriates as Brexit drained confidence in the country’s political and economic prospects.

The U.K. fell 13 places from 2016 and was the only Group of Seven nation to see its score decline, according to the HSBC Expat Explorer report published on Wednesday. Expat confidence in the British economy and political stability slumped by 20 and 22 percentage points respectively. Singapore topped the ranking for a third year, followed by Norway and New Zealand.

“Few countries have seen the kind of rapid change in expat perceptions that the U.K. has experienced since 2016, probably as a result of the decision to leave the European Union,” according to HSBC. The expat study surveyed more than 27,500 people from 159 countries and territories.

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