Top Gulf countries worldwide in the possibility of buying real estate

Survey conducted by HSBC Bank showed that expatriates living in the Gulf Cooperation Council (GCC) are more than the world can possess additional properties as a result of their move to it. The questionnaire, which directly received a copy of it and explained that the Gulf Cooperation Council countries occupies the lead globally in terms of the ability of expatriates to acquire additional properties as a result of their move to it. He added that the region offers one of the strongest global dynamics of gathering wealth through higher salaries, incentives and professional best, and less complicated environment for the management of the funds. Expatriates chose the Gulf region due to the greater ability in which to save money and enjoy higher incomes are Ihsalunha since their move to it. The questionnaire looked at eighth in the 21 950 answers expatriates from around the world to assess their opinion about their lives in the host countries. It turns out that the largest proportion of expatriate GCC countries within the chosen places where it is worth it to move, which offers the best physical stimulus. People recognize that the goal of buying a home life is important in the long run, according to Search HSBC Bank about the future of retirement. The research shows that people who are of working age in the UAE with the highest degree of confidence to form a real estate a good way to earn the income necessary for their retirement, as 8 out of 10 people (81%) expressed this view.
Expatriates and chose these countries; they provide them with materialism needed to buy a property. It is likely that supports this view expatriates in Bahrain (30%) and Saudi Arabia (27%) and the UAE and Oman (25%), compared to a world average of 17%.

These views differ around the world to a large extent among expatriates in the United Kingdom (6%) and India (24%) and the United States (19%); suggesting that these views are closely linked to the achievement of the dynamics of private wealth countries.

Commenting on this trend, Gifford Nakajima, head of the regional wealth Development Division of HSBC Bank Middle East Limited said: "Expatriates continue to be regarded as the Gulf Cooperation Council (GCC) place that offers the best financial opportunities despite the recent economic slowdown that we have seen.

They stress that they see specifically on growth in their disposable income and their ability to reinforce their savings as workers on long-term planning; allowing them to achieve the most important aspirations, including the purchase of a home. "

Also, research showed key point is that the largest percentage of expatriates acknowledged that the transition to the Gulf Cooperation Council (GCC) provides the highest income compared with other regions of the world.

In this context, expatriates in Qatar (76%) and Oman (72%) are more than they said they have become available income since their move higher, compared to the world average of 57%. Also, said expatriates in Oman (76%), Qatar and Saudi Arabia (75%) that it is impossible for us to savings since moving to these countries, their proportion has exceeded the world average of 52% much.

Also, the UAE occupies a leading position in the list of criteria for this where the expatriates who expressed this opinion 65% and 61% ratio.

According to the survey results, the expatriates in the Gulf Cooperation Council between the ages of 18 and 34 years from more than expressing their ability to buy a house since moving to the region countries.

The young expatriates in Qatar (31%) and Canada (26%) and the UAE (25%) of the more than supported this view the world.

The same applies to the majority of the young expatriates in the region - 71% in Qatar and 58% in the UAE - who said they earn money in the host countries more than the world average of 43%.

She noted a large proportion of the participants in the questionnaire that they are receiving housing allowances from their employers, it has amounted to more than two-thirds (68%) in diameter and slightly less than half (43%) in the UAE.

It seems that emerging market public offering these benefits more systematically; the large proportion of young expatriates in Indonesia (60%) and India (53%) confirmed this trend, compared with less than 10% in the United Kingdom (8%) and the United States ( 9%).