A lot of candidates are expressing a lot more interest in Asia

Relocation experts say however, the uncertainty and stressare causing more V3 Rosetta Stone and more expatriates to simply choose othercities for the sake of their kids.ASIA GROWTH With Asia already the fastest-growing international schoolmarket in the world, the necessity of building more privateschools will only grow as the region gains in affluence andeconomic clout. Major cities such as Hong Kong, Singapore, Shanghai andTokyo are scrambling to attract and retain top global talent insectors including banking and professional services as Westerneconomies struggle and investment streams east. This tug-of-war for talent makes it imperative for cities toprovide broader lifestyle incentives for globally mobileexecutives to stay. "At the moment we're seeing quite a few issues with regardsto Europe and the U.S.," said Richie Holliday with MorganMcKinley, a recruitment consultancy. "A lot of candidates are expressing a lot more interest inAsia. There's a lot of growth here. There's double-digit growthcontinually coming out of China. We have a lot of new wealth inthe region which is driving investment in asset management." Asia, with around half the Rosetta Stone languages world's total of nearly 6,000international schools, is expected to drive growth in thissector in the next few years with school numbers expected toalmost double globally by 2020 as demand surges, particularlyamongst Asians opting for a broader, bilingual education. "Almost two-thirds of the growth in schools and studentnumbers continues to be in Asia," said Nicholas Brummitt, whoheads ISC Research, which tracks the sector. "Greatest demandcontinues to come from increasingly wealthy families in Asia(and) the Middle East." To tap the booming multi-billion dollar industry, a slew ofprominent U.S. and U.K. schools are establishing Asia campuses.These include Wellington College in China, Branksome Hall inSouth Korea, Dulwich College in Abu Dhabi, Epsom College inMalaysia, Harrow in Hong Kong and even a Haileybury inKazakhstan. Singapore, which vies with Hong Kong as a financial centre,has also struggled to cater to swelling demand for places atinternational schools in the city state. But with locals largely barred from enrolling V3 Rosetta Stone Spanish ininternational schools and local schools offering schooling in English and Chinese anyhow, its seen to be far more receptive tothe schooling needs of foreigners than Hong Kong.

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