The 30 countries that are best for your money, according to expats
Moving abroad may sound like a grand adventure, but most people who do it are after one thing: a paycheck.
The majority of global expats - 41% - relocated because of their career or their partner's career, whether by choice or out of necessity, according to the Expat Insider 2017 report from expatriate network and global guide InterNations. To compile the data, InterNations surveyed 12,519 expats, representing 166 nationalities and living in 188 countries around the world.
Love was the second most commonly cited catalyst, motivating 12% of moves overseas. Other reasons included wanting a better quality of life (8%), to have an adventure (7%), or simply because they enjoy living abroad (3%).
Although money may be a major motivating factor, the report found expats' satisfaction with their personal finances varied greatly depending on where they live.
InterNations developed its 2017 personal finance index by ranking 65 countries based on how survey respondents felt about their financial situation, and whether their disposable income was sufficient to cover their expenses.
In Greece, which ranked last on the personal finance index, half of expats reported not having enough household income to keep up with daily expenses, and 27% said they didn't have enough money to make ends meet. That's in sharp contrast to Vietnam, which took the top spot on the index, where 93% of expats said they have enough or more than they need to cover their cost of living.
For each country on the list, we compiled the average cost of renting a one-bedroom apartment in the center of town, utilities, and commuting, as well as the price of a cappuccino and a pint of domestic beer, according to global cost of living database Numbeo. All amounts are in US dollars and are current as of September 2017.
Below, check out what it costs on average to live in the top 30 countries on InterNations personal finance index.
- I'm an interior designer. Here are 10 things in your living room you should get rid of.
- A software engineer shares the résumé he's used since college that got him a $500,000 job at Meta — plus offers at TikTok and LinkedIn
- A 101-year-old woman keeps getting mistaken for a baby on flights and says it's because American Airlines' booking system can't handle her age
- The Role of AI in Journalism
- 10 incredible Indian destinations for family summer holidays in 2024
- 7 scenic Indian villages perfect for May escapes
- Paneer snacks you can prepare in 30 minutes
- Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market