More and more people are moving to Southeast Asia in search of a better quality of life. Today, this area is one of the most sought-after for expatriation. Some of the most popular countries are Thailand, Malaysia, Singapore and, of course, China, Hong Kong and Vietnam.
The first choice of expatriates is Singapore, not least because it offers higher salaries than other countries in the region. As a result, 54% of expatriates’ annual salaries exceed $200,000. The possibility of access to luxury and Western products also plays a role in the choice of expatriates. Thailand and Bermuda follow. Of course, China also remains at the top of the list, offering attractive economic opportunities to foreign companies setting up operations there.
Finally, Indonesia is attracting more and more expatriates, seduced by its paradisiacal landscapes, affordable cost of living and booming professional opportunities. But before moving there, it’s essential to take out expatriate insurance in Indonesia. The local healthcare system can be uneven, quality care in private hospitals is expensive, and emergency medical evacuation can quickly add up. Good coverage guarantees security and peace of mind on the ground.
Despite the quality of life and financial advantages offered by Southeast Asia, cultural differences make it difficult for Westerners to adapt to the region.
If you too are planning a trip to this region, be prepared for culture shock and think about medical insurance for you and your family!
