Best and worst places to live abroad for expats

The best and worst countries for living abroad

23 Jul 2024

Results of the Expat Insider poll reveals the best and worst countries for living abroad.

The 2024 Expat Insider poll reveals the most recent insights into the best and worst countries for living abroad, focusing on critical factors such as financial stability, quality of life, ease of settling in, and employment conditions. This comprehensive analysis identifies where expatriates flourish and suffer, giving vital insights for global mobility professionals. With extensive rankings and personal testimonials, this report is an invaluable resource for understanding the complexities of expatriate living in many countries.

Top 10 best places to live

  • Panama
  • Mexico
  • Indonesia
  • Costa Rica
  • Portugal
  • Spain
  • Vietnam
  • Australia
  • South Korea
  • Belgium

Panama (1st): Ascending from the top 

Panama was chosen the best country for expats in 2024, a significant improvement from third place in 2023. A remarkable 82% of expats are satisfied with their lives in Panama, far exceeding the global average of 68%. Financial happiness is a strong feature, with 74% of expats satisfied with their financial condition, a significant 20 percentage points higher than the global average (54%). Panama ranks first in financial satisfaction and fourth in the Personal Finance Index, with 88% of respondents indicating that their disposable income is sufficient for a pleasant living.

Another feature is housing affordability, which is rated favourably by 62% of expats compared to 34% globally. Panama leads in housing accessibility, which helps country rank fourth in the Expat Essentials Index. Expats face few language hurdles (11th), have nearly universal access to online services (98% satisfaction), and find visa processing simple (4th).

While 32% of Panama's expat community is retired, those who work enjoy a healthy work-life balance (3rd) and appropriate working hours (7th). The average full-time workweek is 41 hours, lower than the global average of 42.5 hours, with 47% of expats working remotely full-time. 

 

Panama's 16th place in the Quality of Life Index includes strong performance in personal safety (90% satisfaction) and healthcare (15th). Public transit is inexpensive (8th), but its availability (27th) and vehicle infrastructure (45th) are less outstanding. Leisure alternatives are plentiful (9th), with 79% applauding recreational opportunities, which are supplemented by a favourable climate (14th).

Another excellent element is the ease with which you can settle in Index (7th). Expats feel at ease (73%), welcomed (81%), and find it simple to adjust to local culture (74%). A pleasant populace promotes social integration, with 41% of expats finding the locals to be very hospitable.

Mexico (2nd): Consistently delightful

Mexico continues to entice expats, with 89% reporting happiness, well above the global average. It is ranked second in the Ease of Settling In Index, with high ratings for friendliness (86%) and feeling welcome (85%). 

Cultural assimilation is effortless (1st), and meeting local friends (2nd) is simple, so 77% of expats feel at home. Housing is affordable (10th) and accessible (12th), and visa applications are simple (5th). Despite certain bureaucratic hurdles, financial happiness is high, with 62% appreciating the local cost of living and 71% content with their financial condition.

Mexico's eighth-place ranking in the Working Abroad Index reflects increases in job market perception (8th) and personal career chances (5th). Expats respect work-life balance, with 43% reporting perfect satisfaction. However, safety concerns remain, with only 66% feeling safe, resulting in a modest 25th rank in the Quality of Life Index.

Indonesia (3rd): A resilient return

Indonesia recovers from 13th place in 2023 to take third place in 2024. The country's low living costs (4th), friendly population (2nd), and outstanding work-life balance (1st) all contribute to 84% of expats' satisfaction with life. 

Working Abroad Index improvements are significant, with Indonesia rising to ninth place. Expats express excellent job satisfaction (1st) and a positive work-life balance (79%). The average weekly work hours are 38.8, which is much lower than the global average of 42.5.

Indonesia ranks third on the Personal Finance Index, with 86% believing their disposable income is sufficient for a pleasant existence. Housing affordability (64%) and accessibility (61%) are strengths, but digital life (46th) and quality of life (44th) require development. Healthcare quality ranks 48th, followed by air quality (45th) and travel infrastructure (49th). Despite these challenges, expats report feeling at home (3rd) and welcomed (85%).

Kuwait (53rd): Persistently challenging 

Kuwait comes bottom for the seventh year in a row, with expats evaluating its quality of living, ease of settling in, and opportunities to work abroad as inadequate. Only 53% believe public transport is affordable, and climate issues persist (53rd). Healthcare ranks 51st, and social integration is challenging; only 28% have a personal support system. 

Financial contentment is low (44th percentile), yet housing is quite easy to find (46%). Bureaucratic issues and long working hours (47.8 hours) lead to unhappiness, with only 43% satisfied with their work schedule. Despite a positive outlook on the economy (11th), job satisfaction and workplace flexibility remain low.

Turkey (52nd): Struggles in professional aspects

Turkey ranks 52nd, with major problems when working abroad (53rd). Many expats complain about poor career possibilities, local job market challenges, and discontent with work culture and job security. The bureaucratic atmosphere creates further barriers, and expats feel limited in their ability to express themselves. 

Despite improvements in the environment and healthcare, personal financial discontent (45th) and difficulty settling in (40th) remain. Expats struggle to integrate socially and professionally, which reduces their overall pleasure.

Finland (51st): A sharp decline

Finland has fallen dramatically from 16th in 2023 to 51st in 2024. Despite ranking eighth in environmental quality and sixth in digital life, expats report severe financial unhappiness (52nd) and difficulty adjusting in (50th). The healthcare system has also suffered a downturn, with availability issues. 

Language difficulties and a competitive labour market exacerbate daily living, and overall job satisfaction has declined. Despite a favourable outlook on the economy, expats believe their professional opportunities have not improved.

Winners and losers in 2024

Biggest winners

  • South Korea ranks 23rd, up from 50th in 2023. Improvements in personal finance (15th), quality of life (10th), and working overseas (37th) contributed to this improvement. 
  • Belgium ranks 18th in terms of quality of living, with increased public transport and job satisfaction, up from 3rd in working abroad.

Biggest losers

  • Finland (51st) fell from 16th to 51st due to financial issues and difficulties settling in.
  • Bahrain (33rd) has dropped from 9th to 33rd place, with major reductions in working abroad (41st) and personal finance (46th). 
  • Canada dropped from 27th to 49th due to discontent with employment conditions, economic outlook, and personal finances (now ranked 53rd).

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