Bahrain named top Middle East expat destination.
Bahrain has been named the top expat destination in the Middle East, according to the InterNations Expat Insider 2015 survey.
Bahrain was ranked the 17th most popular destination for expats in the world, ahead of the UAE in 19th and Oman in 24th out of a total of 64 countries analysed.
The InterNations Expat Insider 2015 survey ranks countries by different factors such as the quality of life, personal finance, working abroad and making friends.
Bahrain has the lowest taxes in the GCC.
With no corporation, income, value-added, withholding tax, capital gains or wealth taxes and no inheritance taxes or death duties Bahrain is the most tax efficient business base in the Gulf *.
Bahrain is renowned as a “Business Friendly” liberal society; open-minded and actively encourages private enterprise.
Leading the region in supporting private enterprise.
Bahrain was the first GCC country with depleted oil reserves, consequently the Kingdom diversified early on by encouraging private enterprise. Bahrain’s non-oil GDP is already in excess of 80%.
Bahrain is actively encouraging private sector growth by allowing 100% foreign ownership and repatriation on income. The whole of the Kingdom is effectively one massive Free Zone.
Base yourself in the middle of the Middle East.
Major centres including Riyadh, Kuwait, Abu Dhabi, Dubai and Doha are around an hour’s flight time. Harbour Towers is only 10 minutes drive from Bahrain International Airport, headquarters to Gulf Air the best connected airline for regional flights.
Consequently, access to every market in the Middle East is quick and efficient – by air, sea and road.
It’s not all about location, it’s also about the people.
Bahrain has a highly developed workforce largely due to organizations like Tamkeen that identifies “skill gaps” in the market then invests in training Bahraini’s to gain the expertise to meet market needs.
In the financial services sector alone, two-thirds of employees are Bahraini. The Harbour property is run efficiently with a 166 strong support team provided by a professional facilities management service.
Bahrain - the jewel in the Middle East.
Contributors to HSBC’s Survey had nothing but praise for Bahrain. Expat parents are particularly complimentary about the country, with three-quarters (75%) saying it is a safer place for their children than their home country (compared with a global average of 61%). Six in ten (60%) expat parents we spoke to also rated the quality of life.
In summary whilst overall around two-thirds (65%) say they saw the health of their children improve after moving (compared with a global average of 56%).
Expats in Bahrain are also one of the best in the world at integrating into the local culture without losing their home identities.
Bahrain was placed 5th overall globally and 1st in the Middle East.
The rankings are:
Singapore = 2nd
China = 3rd
Germany = 4th
Bahrain = 5th
Oman = 14th
Saudi Arabia = 28th
Kuwait = 29th