Switzerland
Switzerland is a country with the best work-life balance. Many expatriates, who chose to live in this country, have noted a significant improvement in their living standards. Switzerland has a cleaner environment than in any other state. The average salary is $111,587. That is much higher than the usual earnings of foreigners around the world ($75 966). At the same time, emigrants note that Swiss cities are very expensive to live in. Zurich and Geneva, for example, are among the world’s most high-priced cities.
Singapore
The second on the list is Singapore. According to HSBC survey, it is the best place to move to with the family. Expatriates with children say that the school system in Singapore is much better than in other countries. People, who started living in Singapore, have mentioned excellent job opportunities and a high level of personal security. The downside here is an extremely expensive cost of life.
Canada
Canada ranked third among the countries with high living and working standards. According to HSBC experts, it is one of the most friendly places for emigrants. People come here for a long period of time or permanently.
Spain
Spain takes the fourth place on the list. The relaxed Mediterranean atmosphere in most cities allows expatriates to enjoy high living standards and improve their emotional states. Around 67% of the surveyed have achieved a working-living balance after moving to Spain.
New Zealand
The fifth place of this rating goes to New Zealand. It is a very popular place with expatriates, especially people from English speaking countries, such as the UK, South Africa, and the USA. Having moved to New Zealand, many individuals notice improvement in the quality of life. According to HSBC, people who move to this country are likely to stay here permanently.
Australia
Australia is ranked sixth on the list. The majority of people who moved to this country feel better both physically and psychologically. Good ecology attracts emigrants. Many expatriates find it easier to achieve a balance between work and leisure. However, for some expatriates, the cost of life remains extremely high.
Turkey
Turkey ranks seventh among the states with the most suitable living and working conditions. Emigrants note that Turkish people are very hospitable. The HSBC survey also shows that the country is rich in cultural heritage.
Germany
The eighth place goes to Germany for its high living standards and political stability. High prices are the only disadvantage. Some emigrants believe, Germany is the most appropriate place to move with the family.
United Arab Emirates (UAE)
The UAE is ninth on the list. There is no federal income tax in the country, but there is a 0% VAT on a number of consumer goods. According to HSBC, it is a gold mine for financially motivated people. Many expatriates find their incomes growing as they move to the UAE.
Vietnam
Vietnam rounds up the list of top ten countries with the best work-life balance. Here, there are no problems with integration and local people are very hospitable. The country has good opportunities for career advancement. After moving to Vietnam, many expatriates were able to achieve harmony between work and leisure. The downsides are poor transport infrastructure and few entertainment and recreation options.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
