Companies that send their employees on assignment in the APAC region are aware of the high costs associated with international schools and education. When a localization package is offered to employees, it’s important to consider whether the employee can withstand the high cost for international schooling. An additional challenge is the rise of interest from locals in international schooling. This is due to the increase of wealthy or even middle-class families in emerging Asian nations seeking international education for their children.
Are local schools sufficient for your employees’ families or do they prefer international schools? What schooling options and subsidies, if any, does your company provide?
When relocating to another country with their families, besides considering their potential salaries, as well as the cost of the living of their city of relocation, expats also have to consider the cost of education, either for themselves, or for their children – which can be quite expensive at times. Based on ExpatFinder International School Fee Survey 2017, China leads the rankings as the most expensive country in Asia Pacific, and third in the world, while Singapore clinches the silver medal as the second most expensive country regionally, and fourth globally.