Survey: Young expats extremely happy in Belgium

95% of young expats who work or study in Belgium are satisfied with their expat life. More than 8 out of 10 state that their decision to relocate to Belgium gave a positive turn to their career. These are among the revelations of a survey by the Belgian bank BNP Paribas Fortis. The survey was executed by the ThinkYoung think tank, among 6,349 young expatriates between the ages of 18 and 28 living in seven European countries: Belgium, Germany, Italy, France, the Netherlands, Poland, and the United Kingdom.

Many people dream of living and making a career in a foreign country. Every expatriate has his/her own reasons for relocating and will have specific expectations of the host country. The purpose of the study was to find out what those expectations are and also the drivers and barriers expats experience during their stay. “Millennials are the driving force behind this contemporary intra-European mobility, with more and more young Europeans seeking new academic and professional experiences elsewhere,” points out Salvatore Orlando, Head of Expatriates at BNP Paribas Fortis.

Why students and young professionals move to Belgium?

The most common reason for expatriate students to leave their home country and come to Belgium – given by 53% of those polled – is that there was an opportunity provided by their university or school in their home country, while 39% said they wanted to experience another culture. Also 39% of the respondents gave the desire to learn another language or improve their language skills as a major reason for leaving, and 37% of the young interviewees said they went to study in Belgium in order to improve their CV and thus maximize their career opportunities.

More than 80% of the expatriate young professionals polled moved to Belgium because of the career opportunities available, while more than 50% had taken up the challenge for reasons of personal development. Other reasons for leaving were the opportunity to learn another language, the standard of living and the quality of life in the host country. Contrary to what one might have expected, less than 10% decided to relocate for mainly financial reasons. Salvatore Orlando: “Financial motives are the least important ones for expats to move to another country.”

Andrea Gerosa, founder of ThinkYoung, agrees: “It’s a meaningful move, driven not by the desire to have fun but by the willingness to learn more, improve skills, and enhance career opportunities”.

Why Belgium?

To read more about the survey including the data about behavior of expats students in Belgium and their overall satisfaction after moving to Belgium, head to the article at Brussels Express.

Are you a new expat in Belgium? If you need advice about opening a bank account or want to learn about dealing with other financial matters in your new country, we recommend BNP Paribas services which are tailor-made for expats.