So, you have decided to live and work abroad? But which country do you go? Obviously some states are better than others when it comes to offering you solid quality of life, safety and security, good healthcare, prospects for hire earning, and of course excellent schools for your children. Picking the best place can be quite overwhelming for you-especially if you don’t know the ins and outs of that particular country. Luckily for you, we have compiled top 5 best countries to live as an expat.
According to a survey conducted by HSBC, which involved 9,000 expats, one country that rises above all others in terms of overall experience as well as family life is Switzerland. It takes all the honors thanks to its economic state. As an expat you will earn a whopping $200,000, an amount which is double than the global average. Another major reason for its high ranking is because of its stunning scenery, with many activities to do both in summer and winter.
Those who are looking for greater economic opportunities and improved quality of life will certainly find Singapore as a safe haven. It’s ranked among the top in terms of economic measures, with a perfect climate for raising children. It has excellent schools and many job opportunities for the career-driven individuals.
While this country has its own share of downsides, such as mediocre healthcare and bad weather, the positive factors overdo the negatives. Firstly, it has a booming economy that is even ranked as the first globally for expat economics. There are many job opportunities with less competition. The country also boasts a great social life, huge sport opportunities and a friendly culture. There are numerous places to explore in China, not to mention the Asia-Pacific region which is easily accessible.
4. New Zealand
You must applaud this country for its low crime rate, something that allows you to bring up your children as confident and well-rounded. In fact, according to a report by HBC, it ranks first when it comes to quality of children’s life. The government is also aiming at recruiting expats by introducing a website for those thinking about moving to live in the country.
And finally taking the fifth position is Germany, a country that boasts a very strong economy, low crime, and a stable political system. 87% of expats express their satisfaction with the safety and security in the country and good schools where they take their children. Over 80% of them say that Germany is much safer than their home country.
These are some of the best countries to live as an expat. Whichever country you make a decision to move to, ensure that you have an offshore bank account, where you can manage your money while abroad. Keeping your money in one place as you move is beneficial in that you can enjoy convenience no matter how many times you move, have your choice of currency, not to mention tax efficiency. Generally, you will be at a good position to capitalize on the advantages you will find in any country you decide to move to without the need to keep on opening new accounts.