Globalization has made the world a smaller place, making it easy to interact with others and to move around more conveniently. The benefits of the world being a global village does not end with being able to trade or relate with other countries of the world and their citizens, but also to domicile in these countries.
If you are an expat looking for the best country to migrate to, you would have to consider some necessary factors such as the career prospect, economic outlook, job security, work-life balance, quality of life, ease of settling in and cost of living in the country you’re moving to.
Some countries are more expat-friendly than others, and provide you with juicy prospects that will attract you to come and hold you to settle down in their domain.
Below are some of the best countries in the world for expats.
Vietnam is known for its rich history, beautiful beaches and a ton of awesome tourist destinations. It is no wonder this country ranks the first in the best country for expats to work by Expat Inside Survey 2019.Vietnam passes all the test of what an expat seeks in flying colors as 82% of expats rate the economy positively; 74% are happy with their jobs and 71% are happy with their work-life balance. Overall, 86% of expats are satisfied with their life in Taiwan.
2. New Zealand
Safety is important; which is why a lot of expats enjoy living in New Zealand with its very low crime-rate status. The Global Peace Index ranked the country as having the second lowest crime rate in the world and as one of the least corrupt countries in the world. It has a good environment for living which makes it rank high in quality of life index and the country is eager to recruit expats too. What else does a person want?
If you subtract the high cost of living, Germany is one of the best countries in the world for an expat to live in. The country has the lowest working hours in the world (26 hours a week) which makes it easy to have a good work-life balance to attract expats from over the world. It is also a very safe place to live with its low crime rate and has a very stable political system.
Due to its dire need of a working population as well as other reasons which are mostly positive, Canada is a wonderful place for expats who wish to settle down and totally integrate into their new culture. It is a friendly country with a booming economy as well as good life quality and family life. 70% of expats are happy living in Canada.
Despite being located in the Persian Gulf, Bahrain does not only depend on oil like most of its neighbors. The country has instead invested in the banking sector as well as in tourism, making it a welcoming abode for expats looking to settle down. The economy placed fifth and experience is pegged at the 11th position. Expats have praised the country as being friendly and accepting.
Once you get used to the frigid weather, Sweden is a haven for expats. It currently has the bragging right of having the best work-life balance in the world as well as being the second highest ranking for job security. Sweden is also one of the best places in the world to raise children due to the low costs of raising children and high quality of childcare.
Switzerland is a favorite place for expats to settle down due to its gorgeous scenery, luxurious relaxation centers, wonderful food and amazing weather. It is definitely a plus that Switzerland ranks first in economics and is located in a prime spot in the middle of Europe. Money matters and expats earn an average income of $144,748.
Taiwan has consistently ranked among the best countries for expats to live in since 2016. It offers great life quality (92%) as well as a fair cost of living which is 73% to the 47% of the global average. It is rated 2nd place out of 68 countries for favourable working abroad and 2nd for career prospects.
Portugal earns a spot on this list with its friendliness, safety and good life quality. Expats have rated it first for feeling at home and third for friendliness. It also ranks first for quality of life with 51% of the expats planning to stay there forever, 15% of which relocated there to retire.
10. United Arab Emirates
Only a tiny percentage of the people living in the United Arab Emirates are indigenes, which leaves the larger portion of the population to be filled by foreigners. The Emirates is a good spot to settle down for whoever can cope with the strict laws and conservative culture of the society. There is a low cost of living as well as ample career opportunities. The economy is really strong and it is a bonus that the country has zero income tax, making it possible to save more compared to when domiciled in most other countries. The country also provides a place for everyone whether as a laborer, or as a white-collar worker.
France is a great place for expats to move to. It is especially kind to older person looking to retire. The environment as well as good food makes it a good place to live with expats lauding it as having the improved life they were looking for. It is also family friendly due to school and childcare being easy and cheap as well as of high quality.
Singapore has always ranked high on the several lists of the best countries for expats to live in. It is family-friendly as you do not have to be concerned about education for your children. This country already takes first place when it comes to quality of schools and ranks fifth overall in terms of family life. The opportunity of living in Singapore is just too juicy to ignore with a strong economy to boast of, good career opportunities for expats, relative ease of settling in and the overall friendliness of Singaporeans drawing people in.
A lot of expats who live in Australia settle down there due to the serene environment and awesome atmosphere. Most report show that health is better in Australia and the natural environment enables the people to engage in outdoor exercises. Almost 75% expats told HSBC that they are more active living in Australia than the country they left behind. At the end of the day, health is wealth.
It is not everybody that goes to other countries to get a white-collared job or to work for others. Some do go to countries where they can establish there own businesses and make a living out of it. If you are in the latter category, Indonesia is your place. It currently ranks first in entrepreneurship, with 60% of expats saying it is a good place to start business. The ease of settling in is also a pro which endears many to the Asian country.
The economy of Spain is not enough incentive to relocate to the country but the good quality of life definitely makes up for it. The country ranks second in the world for experience, first for quality of life and fourth for family-life.
Malaysia is a good place to experience life though, not on a permanent basis. The economy is average and the family-life is not so great. These are however compensated for by the ease of settling in, experience, lower tax and lower cost of living. This is as a result of the country being ranked 11th for disposable income and savings.
17. Hong Kong
The hustle and bustle of Hong Kong may not be endearing to some but it generates considerable income for those that can endure it. Expats in Hong Kong tend to have high salaries and large amounts of disposable income. It has a lively social scene for expats though the dense population might be uncomfortable for some people.
18. United Kingdom
The United Kingdom has been shifting positions in years but still remains one of the best countries for expats in the world. There is a good work-life balance as well as a strong career opportunity. Britain also caters for family-life as it scored highly in regards to education and is ranked as one of the best countries in the world for professional and personal development.
Mexico definitely does not rank top in security or career prospect but make up for it with great quality of life as well as exciting social life. The country is also lauded for the admirable employment rate, low cost of living as well as family-life.
The last country on the list could as well have taken the top spot. Iceland is known for its amazing displays of nature and breath-taking landscapes. It is a very good spot for expats as it ranks first in safety and migrant acceptance as well as ease of settling in. Quality of life is guaranteed and is really a prime spot for tourists.