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. What’s most amazing is the appreciation people have towards different countries and their respective cultural and historic values. Popular American rapper and actor, Ludacris, now has Gabonese citizenship which he acquired in 2020 for himself, his mother, and two daughters. This only highlights the point we made earlier, which is people’s appreciation for other countries’ cultures.
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. It has become a norm for people to try out in other countries apart from theirs. Getting first-hand information on these criteria is really important and that could prove to be decisive in how much success you can achieve in the country you’re looking to get into.
This way, you’ll have enough resources to make your assessments on the different countries you are considering. We’ve seen people make the wrong decisions based on “air-says” without making further research themselves. Since you’re going to be there for a couple of years, you might as well just get the necessary things done to ensure that you have a great stay and in the end, the efforts, time, and money spent will be worthwhile. 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.
Listed below are the top 20 best countries in the world for expats in 2021.
Hailed for its fabulous tropical and warm weather, Colombia is another country that presents expats good chances of making it big. It is also generally a safe country with common crimes such as theft and pick-pocketing some of the major crimes in the country. It is also very easy to make friends in the country as the natives are very friendly and welcoming.
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.
18. Costa Rica
Costa Rica is another South American country on this list and also one of the happiest countries in the world. Reports have it that 88% of the country’s residents are happy with life generally with 70% being happy with their jobs while 83% are happy with the healthcare in the country which has been given a 5-star rating.
For the third year running, Finland took the top spot in the 2020 edition of the World Happiness Report. The work-life balance in the country is top class and you’ll also get easy access to the country’s free healthcare and strong social safety net. Expats have found the community very good to live and work, especially the country’s capital, Helsinki.
The last country on the list could as well have taken the top spot. Iceland is known for its amazing displays of nature and breathtaking 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.
Mexico definitely does not rank top insecurity or career prospects 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.
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.
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.
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.
Vietnam is known for its rich history, beautiful beaches, and a ton of awesome tourist destinations. It is no wonder this country ranks first in the best country for expats to work by Expat Insider Survey 2019. Vietnam passes all the tests 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 Vietnam.
A lot of expats who live in Australia settle down there due to the serene environment and awesome atmosphere. Most reports show that health is better in Australia and the natural environment enables people to engage in outdoor exercises. Almost 75% expats told HSBC that they are more active living in Australia than in the country they left behind. At the end of the day, health is wealth.
9. 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.
8. 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.
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.
6. New Zeland
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 the quality of life index and the country is eager to recruit expats too. What else does a person want?
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 47% of the global average. It is rated 2nd place out of 68 countries for favorable working abroad and 2nd for career prospects.
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.
Singapore has always ranked high on 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 the 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.
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.
Switzerland has one of the best economies in the world, scoring higher than other countries in terms of income and economic stability, according to the Expat Explorer survey by HSBC. The country has an average monthly salary of about $6,700. The good governance in the country makes it a great country for expats and when you consider how beautiful the country is, it is just almost impossible to resist the chance to live in this country at least for a couple of years.