Can wait to go back to visit! For instance, a post on The Panama Adventure, written by a registered nurse from Florida named Kris, detailed the local cost of living. Is a new life beckoning from just south of the Arctic Circle? BELIZE. Over time, countries do change. I need to keep this in mind in my travels! Mexico and Spain round out the top five respectively. Get more travel inspiration, tips and exclusive offers sent straight to your inbox with our weekly newsletter. This improved result is mainly due to the Finance & Housing Index: while Bern narrowly missed ending up among the bottom 10 in this index in 2018, ranking 60th out of 72, it now places 49th out of 82. This slow … But the insurance premiums, reflecting the lower cost of medical care abroad, are much lower than in the U.S.  Coverage can be shopped online from such sites as Association of Americans Resident Overseas and Medibroker. In many circumstances, the U.S. allows a tax credit for income taxes paid to other countries. Instead, more and more expats are moving overseas in search of a dream. Participants were asked to assess up to 48 factors concerning various aspects of life abroad on a scale of one to seven. There are several reasons for this. While first-placed Taiwan is not new to the top 3 and ranked first in 2016 as well, Portugal (3rd) and especially Vietnam (2nd) have reached new heights in the global expat ranking. Beyond stellar job prospects, low crime and enviable public transport, Singapore is a garden city with colourful temples, tropical walking trails and the odd gory theme park. easy in Berlin – you have to work hard to make a living, but you’ll also have a While the city has managed to hold onto its top spot in the overall ranking, it is not quite as far ahead as it used to be. The latter has so much good and bad history, and I would love to show our kids all of it! Email me at: wbarrett.forbes@gmail.com . No part of this site may be reproduced without our written permission. I would love to visit Hong Kong and Berlin. Panama is a good choice, but I would seriously consider Hong Kong too. I love the list but I have realised that cities tend to tire you out. In fact, only Ho Chi Minh City — which places third overall — beats Kuala Lumpur in the latter index. Things are quite Start dealing with the paperwork as soon as you can, because these things sometimes take quite a long time. The additional Local Cost of Living Index is not included in the overall ranking to avoid overrepresenting the financial aspects of life abroad. © 2020 Forbes Media LLC. Surprised that London made it onto the list. I do find Panama surprising. Lastly, you’re right about NYC. “We bought a pig last month, 120 pounds worth at $2.50/lb,” she wrote. When you aren’t exploring the coffee and craft beer scenes, or testing your tolerance for mouth-tingling peppercorns, the city’s a brilliant launch pad for travel; strike out for the panda research centre in Ya’an or Taoist spiritual nexus Qīngchéng Shān. #2 Kuala Lumpur is rated the best city for getting settled. Similarly, while expats are still very much satisfied with local friendliness (4th), as well as finding friends and their social life (9th), Taipei has dropped from a 3rd rank in 2018 to place 18th in the 2019 Getting Settled Index. So it is interesting to read about what would attract people to live there. Germany is the best country for expats in the world. You may opt-out by. You can learn a lot from the often-amusing local blogs. I haven´t been to Panama but lived for a couple of months in London, Berlin and Hong Kong. The UK continues its miserable trend after tumbling 21 places and dropping to 59th place in 2018. I fell in love with the city many years ago. The share of respondents satisfied with their financial situation might still be below the global average (53% vs. 57%); however, this is a vast improvement from 40% in 2018. to expats. Yea, but not to live there. Love this post, and Berlin is even on the list. Expats rate Vietnam’s most populous city as the best place for finance and housing, with the city ranking first for all but one of the underlying factors: HCMC places second regarding the affordability of housing (for more details, see the Finance & Housing Index). All rights reserved. ► Poorest countries in the world – ranked Expatriate Resources, 18 Shipyard Drive, Hingham, MA 02043, USA | info@internationalcitizens.com. Both are among the ten worst-rated cities worldwide in the Urban Work Life Index, with Rome even placing last. Vietnam has moved into second place, ranking highly for finance and working abroad. culturally diverse community, this is the right place for your loved ones. According to respondents there is apparently no better place for finances and working abroad than Vietnam – it ranked first in both indices. This raises the possibility of double taxation—meaning the same income could be taxed in both the U.S. and the foreign country of abode. Using the countries that topped the Global Expat Index report for 2019 as a guide, we’ve compiled a list of the 10 best cities for expats.

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