A survey conducted by executive search firm Heidrick & Struggles International indicated that Lebanon is the fourth most desirable country in the Middle East to relocate to among eight countries included in the survey, as reported by Lebanon This Week, the economic publication of the Byblos Bank Group.
Lebanon ranked ahead of Egypt, Kuwait, Saudi Arabia and Jordan, and came behind Qatar, Bahrain and the UAE on the firm’s Desirability Index. The index is based on the proportion of respondents’ awareness about a country as well as their ratings of six parameters that are market value of work experience, quality of education, social environment, work environment, potential for saving money, and personal and family safety. Lebanon ranked second after the UAE among the region’s resident and nonresident Arab executives, but came last among expatriates residing in the region and nonresident expatriates in terms of favorite relocation destination.
Lebanon ranked sixth on the value of work experience gained, coming ahead of Egypt and Jordan, as 43 percent of nonresident Arabs, 42 percent of resident Arabs, and 19 percent of resident and nonresident expatriates each considered that the value of work experience gained in Lebanon is better than in the other 7 Arab countries. As a result, Lebanon ranked fifth among resident Arabs, fourth among nonresident Arabs, in sixth place among resident expats, and in seventh place among nonresident expatriates on this category.