Expats enjoy life in the Czech Republic

The school system and life-work balance were seen as benefits

Expats living in the Czech Republic have an overall positive view of their lives.

People were particularly positive about life-work balance, ranking the Czech Republic fifth out of 46 countries covered. Overall, the country came in 12th place in HSBC's Expat Explorer Survey.

“Among the most industrialized economies in Central Europe, the Czech Republic is fast becoming one of the region’s most popular expat destinations. While it has only existed as an independent country since 1993, the Czech Republic not only boasts high living standards, rich history, and stunning natural landscapes but is also home to one of the world’s most beautiful and cultured capital cities, cosmopolitan Prague,” HSBC said.

Over 60 percent of those contacted said that work and personal life can be reconciled in the Czech Republic better than in their homeland. “The number of people who move here for work is growing,” HSBC global business director in the Czech Republic Richard Haslam said, according to daily Metro.

“I absolutely understand why the Czech Republic is one of the most popular places for expats. After all, I'm an example,” Haslam added.

Half of the expats moved to the Czech Republic because they were looking for new career challenges and saw great hope of improving their career development.

The county ranked fourth for economic confidence and did well in job security and career progression, but did poorly for wage growth and disposable income.

Safety was also seen as a positive factor, and the relative security and safety of the country have been pointed out by other surveys such as the Global Peace Index.

Expats with children in the Czech Republic find a markedly lower cost for raising offspring than at home, with the country in third place according to HSBC. School quality was also ranked very positively and childcare was given a good assessment.

People also had a positive assessment of their social lives, with the country coming in at 10th place. But integration was seen as below average and tolerance was even worse, at 37th place out of 46 countries.

The HSBC country guide had comments from expats, and the most common ones encouraged people to learn Czech, and also to travel outside of Prague. A common drawback cited was the amount of paperwork.

While the assessment of the Czech Republic was positive overall, it fell substantially from the 2016 survey, where the country was in fourth place.

Singapore has ranked as the best place for expats again, followed by Norway, New Zealand, Germany and the Netherlands. Egypt ranked as the worst.

The Expat Explorer survey, now in its 10th year, is one of the largest independent global expat surveys. Commissioned by HSBC Expat and conducted by third-party research company YouGov, some 27,587 expats in over 100 countries were questioned in 2017.

For the survey, an expatriate was defined as someone over the age of 18 years old who is currently living away from their home country.

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