Manama, March 23 (BNA): The Kingdom of Bahrain has strengthened its reputation in the field of business, as it was ranked first globally as the “best destination to start a business abroad” in 2023, according to the Expat Essentials Index published by InterNations.
The main ranking in the overall index, which places Bahrain ahead of leading countries including the United Arab Emirates, Singapore, Saudi Arabia and Canada, is based on a comprehensive survey that analyzes countries’ performance across several key areas. Indicators, resulting in a comparative scale at the regional and international levels.
Citing Bahrain as the “ideal place for an easy start,” the index surveyed foreigners in 52 countries in the world, ranking each destination based on vital aspects typically associated with settling in a country. Alongside its global ranking, the Kingdom ranked first in the Middle East and North Africa region and 11th globally in digital living, a testament to Bahrain’s advanced financial and digital infrastructure and progressive regulatory framework. The survey surveyed countries across four main pillars, analyzing aspects including digital readiness, online government services, ease of digital payments, ease of opening a bank account and obtaining a visa, as well as affordability of housing.
Furthermore, the metrics assessed potential language barriers, in terms of ease of living without speaking the local language, for which Bahrain ranked fourth globally, reaffirming Bahrain’s friendly business environment and talented workforce that brings together highly skilled, multilingual and hospitable Bahraini nationals. side by side. A diverse group of expat talent offers a global perspective.
Bahrain also ranked first in the Middle East and North Africa region and third globally in the ease of opening a bank account. 67% of expats surveyed reported high levels of ease in dealing with local authorities, against the global average of 40%. Ranked second globally in ease of finding housing, 82% of expats find it easy to find housing in Bahrain, compared to the global average of 54%.
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