Dubai: Examining savings and investment habits of expatriates in the UAE, a recent study suggests that 65 per cent of expats living in the UAE would like to make it their permanent home.
The study conducted by Friends Provident International (FPI), a provider of savings, investment and protection solutions, carried out the survey in November 2017, which included 565 expatriate respondents who hailed from a range of countries, including India, the UK, South Africa, the Philippines, Australia, as well as other Western and Asian countries.
Philip Cernik, chief marketing officer, Middle East and Africa at FPI, talked to Gulf News about the report’s main highlights, which give insight into the lifestyle, habits, and future goals of expatriates in the country.
According to the survey’s findings, 44 per cent of respondents cited earnings potential as a key reason for coming to the UAE, while 34 per cent said they were motivated by work opportunities. Meanwhile, 20 per cent of respondents want to buy property in the UAE, while 58 per cent of parents want their children to attend university in the UAE.
“Although it is unsurprising that expats enjoy their life here in the UAE, we were interested to discover that over half of respondents wish to remain in the country permanently. This is a testament to the lifestyle and hospitality of the UAE, and highlights the importance placed on the financial potential that comes with living here,” said Cernik