Dream of moving abroad? This Central American destination is the No. 1 country for expats.
Jennifer Liu The No. 1 country for expats to live and work abroad (cnbc.com)
Expats who live and work in Panama are among the happiest in the world, according to the latest Expat Insider report from InterNations, the global community for people who live abroad.
Panama was named the No. 1 country for expats out of 53 countries in this year’s report, which surveyed more than 12,500 people in February about how satisfied they feel with their lives in a foreign country.
A majority, 82% of people who move to Panama say they’re happy with their lives, compared with 68% of expats around the world. Most people said they moved to the Central American country for financial reasons, to retire or for a better quality of life.
Newcomers are most satisfied with the low cost of living, which they can more than comfortably cover, and 71% report they feel they’re paid fairly (compared with 58% globally), according to survey data. They also noted that it’s easy to move there as a foreigner and find ample and affordable housing.
In their free time, many expats said they enjoyed Panama’s tropical climate and leisure options across its beaches, mountains and rainforests.
The InterNations report ranked 53 global countries across five indices: quality of life, ease of settling in, working abroad, personal finance and an “expat essentials” index, which covers housing, administration, language and digital life.
These are the top 10 countries for expats to live and work abroad, according to InterNations data:
- Panama
- Mexico
- Indonesia
- Spain
- Colombia
- Thailand
- Brazil
- Vietnam
- Philippines
- United Arab Emirates
for more read s to live and work abroad (cnbc.com)
