2024 Expat Insider Insights: Best and Worst Destinations for Expats
After reviewing the 2024 Expat Insider report, a few key takeaways stood out to me. Some results were expected, while others were surprising.
Panama taking the top spot as the best place for expats is well-deserved. With its combination of financial stability, ease of living, and overall happiness, it’s no wonder that 82% of expats report being satisfied with life there. For those seeking a peaceful, financially secure lifestyle—especially retirees—Panama seems to offer an ideal environment.
Mexico ranked second, and despite concerns about safety, the friendliness of the locals plays a huge role in expat happiness. The country offers a unique balance of rich culture and modern conveniences, making it a popular choice for expats seeking community and a fulfilling lifestyle.
A surprising shift was Indonesia leaping into third place. Despite challenges with healthcare and digital infrastructure, the low cost of living and excellent work-life balance seem to attract expats. It’s interesting how strong job satisfaction and affordable housing can outweigh other significant issues.
At the other end of the spectrum, Kuwait remained at the bottom of the list for the seventh time, largely due to dissatisfaction with the quality of life and work conditions. Turkey and Finland also scored poorly, with Finland’s sharp drop catching my attention. Typically known for its high quality of life, the decline in expat satisfaction there suggests that issues like settling in and career prospects weigh heavily on expat happiness.
It’s also worth noting that even traditionally popular destinations like the UK and the USA face real challenges in terms of expat satisfaction. High living costs, difficulties settling in, and limited personal finances are common concerns.
The takeaway? It’s clear that expat preferences are evolving. While professional opportunities are important, more expats are now prioritizing lower living costs, easier integration, and a welcoming environment.
Countries like Panama, Mexico, and Indonesia seem to meet these needs, while others still have room for improvement.
What are your thoughts on these rankings? Would love to hear your experiences and insights!
Marta Bober
Project and Relocation General Manager