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Top Pay Makes Switzerland No. 1 for Expats

  • Switzerland knocks Singapore off top perch after four years
  • U.K. slips to 27th on poor economic, political stability: HSBC
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Switzerland replaced Singapore as the world’s top-ranked destination for expats. HSBC’s John Goddard explains.Source: Bloomberg
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Switzerland has knocked Singapore off its perch as the world’s top-ranked destination for expatriates.

The nation -- home to some of the biggest private banks, commodity traders and pharmaceuticals companies -- was judged the best place to live and work, according to a study published on Thursday by HSBC Holdings Plc. Switzerland jumped from No. 8 last year as it garnered top marks for its earning potential and stability.