Mon, Jun 01, 2015 - Page 13 News List

Forty percent of Taiwanese want to retire abroad: poll

By Amy Su  /  Staff reporter

Almost half of Taiwanese workers plan to spend their retirement years overseas, with Canada, Japan and New Zealand the three most favored places, according to a survey released by HSBC Holdings PLC last week.

The survey — which polled 16,000 people in 15 nations — found that 44 percent of respondents in Taiwan plan to move after retiring. It also found that male respondents are more likely than females to change location.

“Most Taiwanese respondents seek quality of life through moving after they retire,” HSBC head of retail banking and wealth management in Taiwan Bonnie Qiu (邱靜怡) told a media briefing on Wednesday.

A total of 58 percent of respondents plan to move to suburban areas, while 35 percent plan to move to another city, the survey found.

Nearly 70 percent hope to move to an environment with a more relaxed lifestyle. About one-third wish to expand their vision and experience from moving to different places or want better weather conditions, the survey said.

These factors made Canada, Japan and New Zealand the three most popular retirement spots, the survey found.

The survey found that most respondents in Hong Kong said they plan to move to Taiwan after they retire.

Qiu said three in five working people plan for semi-retirement before full retirement.

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