“The biggest challenge of starting a new life in the US is to actually go through the process of becoming someone. Credit history is used as a basis to measure people for everything, being new you are basically in disadvantage on everything.” – Edgar F.,
Woodbury, NY (PRWEB) March 25, 2015
International AutoSource (IAS) released The 2014 Expat Review, a statistical study of the Expatriate community living in the United States. IAS, a full-service Expat transportation provider, randomly selected a pool of 49 Expat customers to survey. This study was conducted to identify commonalities between relocation experiences, in order to better define the Expatriate market in the United States.
Each year, three million foreigners from around the world enter the United States on H-1B, L1, L2, J1, and A2 visas, among others, thus creating a multi-billion dollar relocation industry. The global nature of the Expatriate industry makes it difficult to define as a marketplace. These foreign nationals come from thousands of unique cultures, and enter the United States to work in a variety of different industries. The 2014 Expat Review sheds light on who these Expatriates are, answering the questions relocation professionals need to know: Who are these Expats? What challenges do Expats face? What support are Expats looking for?
Out of the thousands of International AutoSource customers, 49 were randomly chosen to participate in the Expatriate study. The surveyed Expats all relocated to the USA in 2013 and 2014, with the average participant having been in the United States for eight months at the time of the study. Over 80-percent of the Expats relocated with a family member, identifying a major trend in relocations. The average Expat income, as discovered in The 2014 Expat Review, is a surprising 60-percent higher than the median household average in America, as recorded by the 2013 U.S. Census Bureau.
The number one challenge Expatriates face in the United States is difficulty obtaining documentation, with 43-percent of those surveyed citing it as an issue. A lack of credit history is close behind, with 18-percent of the Expatriates finding that to be an issue in the United States.
“The biggest challenge of starting a new life in the US is to actually go through the process of becoming someone. Credit history is used as a basis to measure people for everything, being new you are basically in disadvantage on everything.” – Edgar F., Foreign National living in the United States.
The 2014 Expat Review is a free tool for relocation professionals to use to define their marketplace, in order to identify new ways to reach Expat customers. For a free download of The 2014 Expat Review visit: http://goo.gl/4LSgkc.
About International AutoSource
For over 50 years, International AutoSource has been providing value added services and benefits specifically designed for expatriates and the global community for short and long-term assignments. Their programs offer full-service personal transportation solutions for financing, purchasing, leasing and rental without a local credit or driving history. Through outstanding service, value and support IAS strives to make assignments into a foreign country as seamless as possible while saving customers valuable time, money and resources. For more information, please contact International AutoSource at 516.496.1816, email at intlauto(at)intlauto(dot)com or visit their website http://www.intlauto.com.