From longer parental leave and better educational opportunities to bigger paychecks and career boosters, expats in Europe seem to be enjoying the many perks of living abroad.
One of the greatest appeals of relocating to Europe in particular seems to be the promise of a higher quality of life. A recent survey conducted by Vitreous World on behalf of AXA – Global Healthcare* suggests that expats in Europe are more likely to have packed their bags for better pay and more benefits than for the chance to embark on a new adventure. In France, for example, 31 percent of foreigners say that the French lifestyle is by far the best thing about living there – and about 44 percent benefit from things such as improved pay and learning a new language.
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Fresh statistics from the world’s longest-running survey of expats* found that, among other things, many European expat hotspots seem to be hitting the high notes on a wide variety of criteria. In Spain, for example, more expats than in any other expat community report that more sun and a slower pace of life has led to significant improvements in both their physical and mental health.** In Switzerland, too, international residents are enthusiastic about their lifestyle upgrade, which includes reaping the benefits of the strong economy (by way of higher-than-global-average salaries) and taking care of their families without having to worry about political instability.*
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Despite digital technologies alleviating some of the problems once experienced by expats, living and working abroad does, like most things, have a flipside – or, at any rate, its own set of hurdles. As AXA – Global Healthcare’s survey indicates, these can include language barriers, making new friends, seasonal depression, and adapting to a change in climate. But if you’re aware of these challenges before you move, downloading a language app or joining an online expat community can help you to prepare yourself.
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Moreover, expats often face bureaucratic obstacles as they navigate everything from banking services to local healthcare systems. According to AXA – Global Healthcare’s survey, almost four out of five expats had concerns when seeking healthcare in their current country, with 63 percent saying they would travel back to their home country if they needed medical treatment. Fortunately, you can make use of services such as the Virtual Doctor Service – which is offered with some of AXA’s global health plans with out-patient cover. This provides a handy solution for healthcare challenges if they do arise, allowing you to speak to a doctor at short notice, in a range of languages, at any time and from anywhere in the world.
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On the whole, it does appear that for international dwellers in Europe, expat life comes with many benefits. Although over half of the expats surveyed did report that being away from friends and family made it harder to integrate, and 43 percent said that making new friends was tough, AXA – Global Healthcare’s research indicates that, overall, the majority of both European and global expats believe that their experience of living abroad has been a positive one. For example, close to a majority of expats globally attest to having a better work-life balance than in their home country, citing better leisure opportunities, an easier commute, more disposable income, and more time to spend with family as main reasons.
With AXA’s global health cover, you and your family are covered at every stage of expat life. Find out more about how AXA’s international health insurance can help you to get the most out of life abroad.
*Research conducted in February 2019 by Vitreous World on behalf of AXA. A total of 1,352 expats were surveyed (250 in the UK, France, UAE, Canada and China, and 100 in Hong Kong).
**HSBC Expat Explorer Survey 2019
This article was produced by The Local Creative Studio and presented by AXA.
AXA Global Healthcare (EU) Limited. Registered in Ireland number 630468. Registered Office: Wolfe Tone House, Wolfe Tone Street, Dublin 1. AXA Global Healthcare (EU) Limited is regulated by the Central Bank of Ireland.
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